Should China EV Battery Makers Get Government Funding?
Should the Chinese EV battery making company Gotion High-Tech get benefits under the Inflation Reduction Act? Rep. John Moolenaar wants to know.
Should the Chinese EV battery making company Gotion High-Tech get benefits under the Inflation Reduction Act? Rep. John Moolenaar wants to know.
The capacity for China to overproduce anything is legion. This is especially true for big ticket items sold around the world, from cars to steel to China’s top green tech product line – solar cells and modules.
The Biden administration’s signature clean energy law, the Inflation Reduction Act (IRA), got its clock cleaned last week at a Senate Energy Committee hearing.
Congress must act to prohibit Chinese companies from receiving Inflation Reduction Act tax credits.
WASHINGTON — The Coalition for a Prosperous America (CPA) today welcomed news that Suniva, the U.S.’s oldest and largest solar cell manufacturer, will restart operations
Chinese solar manufacturers could take advantage of the Inflation Reduction Act’s tax credits by opening plants in the United States.
The leaders of the Senate Energy and Natural Resources Committee grilled a government official on the EV batteries supply chain. From copper to EV battery minerals, the U.S. is way behind.
China EV battery makers are the world’s largest. The U.S. has none. So China is getting new contracts to build EV plants, thanks to Inflation Reduction Act. Some in Washington do not want IRA benefits going to China.
Congress Should Pass Legislation Prohibiting Chinese Companies from Receiving Inflation Reduction Act Tax Credits WASHINGTON — The Coalition for a Prosperous America (CPA) today
China companies top the leader board for EV battery manufacturing. Overcapacity will lead to a glut in EV batteries. It’ll push down prices. It might also push some out of business, especially if based in the U.S. and Europe.