“The Republican Arkansas delegation is demanding answers from the Department of Energy as to why it awarded a $200 million grant to a company linked to the Chinese Communist Party (CCP) using American taxpayer money that was supposed to be used to make America less reliant on China for battery production.
“In a letter sent this week, Sens. Tom Cotton, John Boozman, and Reps. Rick Crawford, French Hill, Steve Womack, and Bruce Westerman asked DOE Secretary Jennifer Granholm why a federal grant was awarded to the company Microvast despite the company having documented ties to the CCP and operating primarily out of China.
“While American companies were denied funding opportunities, the DOE supported a company that admits the Chinese government ‘exerts substantial influence over the manner in which we must conduct our business activities and may intervene, at any time and with no notice.’ DOE’s vetting and oversight process is deficient,” they said in the February 7, 2023, letter. (…)
“Microvast claimed it was “majority U.S.-owned” …..”
Arkansas sits on 1 of the world’s largest lithium resources.
READ MORE about Microvast, the grant program and why our lawmakers are concerned at Breitbart.com
Photo: Yo-Co-Man, Lithium Iron Phosphate LiFePO4 Cells 700 Ah Amp Hours 3.25 Volts – 7, CC BY-SA 4.0
