Former State Department Officials Warn of Chinese Tech Companies Exploiting US Green Energy Goals.

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Source: Fox News
Former State Department Officials Warn of Chinese Tech Companies Exploiting US Green Energy Goals.
Photo: Fox News
TL;DR Summary

Former US ambassadors Peter Hoekstra and Joseph Cella have warned that Chinese companies are exploiting American tax incentives to build green energy projects in the US, ensuring continued US reliance on technology from China. They specifically called attention to two EV battery plant projects proposed for Michigan, which involve Chinese companies Gotion High-Tech and Contemporary Amperex Technology. The ambassadors argue that China's dominance throughout the green energy supply chain exhibits intentionality that is "very perilous not only for our national security, but our economic security and prosperity as well."

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