Rubio wants to block Ford from tax breaks for using Chinese battery technology
Briefly

US Senator Marco Rubio on Thursday introduced legislation that takes aim at Ford's deal to use technology from Chinese battery company CATL as part of the automaker's plan to spend $3.5 billion to build a battery plant in Michigan.Rubio, the top Republican on the Intelligence Committee, introduced legislation that would block tax credits for electric vehicle batteries produced using Chinese technology, saying it would significantly restrict the eligibility of IRA tax credits and prevent Chinese companies from benefiting.
Read at www.cnn.com
[
add
]
[
|
|
]