The alliance between Ford Motor Co and Contemporary Amperex Technology Co. Limited, CATL, has drawn the attention of two U.S. House of Representatives committees. The focal point of the investigation is Ford’s plan to construct a $3.5-billion battery facility in Michigan, utilizing CATL’s technology, a global leader in battery production.
“The committees, chaired by Rep. Jason Smith (R-MO) and Rep. Mike Gallagher (R-WI), have expressed apprehension about the potential sway of the Chinese Communist Party over the U.S. automaker and its implications for U.S. taxpayers,” said Reuters reports.
