• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Friday, May 30
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

    May 29, 2025

    ‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

    May 29, 2025

    DeSantis Signs Bill Making Gold And Silver Legal Tender

    May 28, 2025

    John Deere Announces $20 Billion Plan To Build Up American Manufacturing

    May 28, 2025

    EV Startup Promised To Cut China Ties — Then Reportedly Shared US Data Anyway

    May 27, 2025
  • Finance

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025

    The US Flip-flop Over H20 Chip Restrictions 

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Business»GOP Lawmakers Demand Treasury Department Investigate ‘CCP-Affiliated’ Firm Building Battery Plants Across US
Business

GOP Lawmakers Demand Treasury Department Investigate ‘CCP-Affiliated’ Firm Building Battery Plants Across US

September 21, 2023No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
[Screenshot/QQ/2018年新版国轩《国家》手语视频]
Share
Facebook Twitter LinkedIn Pinterest Email

Republican lawmakers sent a letter to the Treasury Department Wednesday urging it to investigate the “CCP-affiliated” Chinese parent company behind Gotion Inc., which intends to build electric battery plants in Illinois and Michigan.

Florida Sen. Marco Rubio, Illinois Rep. Mike Bost and Michigan representatives John Moolenaar, Bill Huizenga and Lisa McClain sent a letter to Treasury Secretary Janet Yellen calling for the Committee on Foreign Investment in the United States (CFIUS) to perform a “rigorous review” of Gotion High-Tech’s ownership of Gotion Inc., citing Gotion High-Tech’s “owners’ membership and affiliation” with the Chinese Communist Party (CCP). Gotion Inc. is currently in the early stages of constructing several electric vehicle (EV) battery factories in Michigan and Illinois.

The letter states that Gotion High-Tech “hosted several company retreats where employees were mandated to recite a pledge of loyalty to the Party, including to ‘fight for communism,’” which was first reported by the Daily Caller News Foundation. (RELATED: EXCLUSIVE: Parent Of Firm Planning Mich. Battery Plants Has Joint Venture With ‘Communist Chinese Military Company Subsidiary’)

“Because of Guoxuan High-Tech’s owners’ membership and affiliation with the CCP, Guoxuan High-Tech’s ownership of Gotion requires a rigorous review by the Committee on Foreign Investment in the United States (CFIUS),” the letter states, using the English name that Gotion High-Tech went by prior to a May 2020 name change. “The company’s recent investments effectively hand substantive decision-making regarding the management, operation, manufacture and supply of a product the Biden Administration classifies as critical infrastructure to the People’s Republic of China (PRC).”

CFIUS is an interagency committee that is “authorized to review certain transactions involving foreign investment in the United States and certain real estate transactions by foreign persons, in order to determine the effect of such transactions on the national security of the United States,” according to the Treasury Department’s website.

See also  World’s Largest Crypto Exchange Sued By US Regulators

Gotion Inc. received the greenlight from Michigan Democratic Gov. Gretchen Whitmer and the Biden administration to “invest $2.4 billion to construct two 550,000-square-foot production plants” for electric vehicle (EV) batteries in Big Rapids, Michigan.

More recently, Gotion Inc. announced plans to build a $2 billion EV battery plant in Manteno, Illinois, “bolstered” by state incentives, an Illinois government press release announced. Gotion Inc. could received up to $7.5 billion in federal tax credits under President Joe Biden’s Inflation Reduction Act if its Illinois factory meets its production goals, according to Good Jobs First, a business watchdog.

The lawmakers’ letter also states that Gotion High-Tech’s CEO Li Zhen “is a member of the Anhui Provincial Federation of Industry and Commerce, which is part of the CCP’s United Front system and takes direction from the CCP.”

The United Front’s primary missions include influence operations and intelligence collection, the U.S.-China Economic Security and Review Commission has stated.

[Image from an archived version of Gotion High-Tech’s website]

The DCNF recently reported that Gotion High-Tech employs 923 CCP members, including Li Zhen, who is also the party secretary for the firm’s CCP committee. Under Li Zhen’s leadership, Gotion High-Tech has run multiple company field trips, during which employees dressed as Red Army soldiers, the DCNF found.

The DCNF also reported that Gotion High-Tech launched a joint venture company with a “Communist Chinese Military Company (CCMC) Subsidiary” in 2016.

“In the interest of U.S. national security, we respectfully request you conduct an immediate CFIUS review, and if necessary, order the divestment of Gotion, Inc by Guoxuan High-Tech and its CCP owners,” the letter sent to the Treasury Department states.

See also  Insane Video Shows Jared Leto Scaling A Hotel Building Without A Harness

The Treasury Department, Gotion High-Tech and Gotion Inc. did not respond immediately to the DCNF’s request for comment.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

Battery Building CCPAffiliated demand Department Firm GOP Investigate Lawmakers Plants Treasury
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025

John Deere Announces $20 Billion Plan To Build Up American Manufacturing

May 28, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Tesla supercomputer could boost EV maker’s market cap by $600 billion

September 11, 2023

New York Prisons Reverse Restrictions On Incarcerated Writers, Artists

June 7, 2023

Joe Rogan torches ‘stupid’ Miller Lite ad campaign: ‘I hate identity politics with a passion’

May 17, 2023

Democrats Call On GOP Sen. Tommy Tuberville To Stop Defending White Nationalism

July 11, 2023
Don't Miss

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

Business May 29, 2025

Consumers’ Research issued a “Woke Alert” on Thursday warning American shoppers that three European companies…

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025

John Deere Announces $20 Billion Plan To Build Up American Manufacturing

May 28, 2025
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,136)
  • Entertainment (4,220)
  • Finance (3,202)
  • Health (1,938)
  • Lifestyle (1,645)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

Republican AGs Fight Biden Admin’s Gas Stove Regulations

April 7, 2023

Ways Of Dealing With Depression Effectively

April 25, 2023

Mental Health Spending Surged Over 50% In U.S. Since Start Of Pandemic, Study Shows

August 26, 2023
Popular Posts

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025
© 2025 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.