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Saturday, July 20, 2024

Congress probes Ford’s huge battery take care of China’s CATL


In a public letter addressed to Ford boss Jim Farley, Home Republicans Mike Gallagher and Jason Smith introduced that two congressional committees are investigating the automaker’s licensing take care of Chinese language battery maker CATL.

The probe facilities on Ford’s efforts to place CATL’s battery cell expertise to make use of at an upcoming, $3.5 billion battery cell plant in Michigan.

In their letter, the chairs of the Home Methods and Means Committee and Choose Committee on China name on Ford handy over particulars on its settlement with CATL by August 10.

The representatives have requested for communications between Ford and the Biden administration referring to the CATL deal. They additional known as on Ford to elucidate the way it will “guarantee imports from CATL to supply LFP batteries in Michigan are freed from compelled labor or inputs from Xinjiang.”

Reached by TechCrunch, a Ford spokesperson declined to touch upon the specifics of the letter. The spokesperson reiterated a press release that the automaker “alone is investing $3.5 billion and can personal and run this plant in the USA, as a substitute of constructing a battery plant elsewhere or completely importing LFP batteries from China like our rivals do.” 



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