“Our own Department of Energy pioneered and transformed the battery industry when Barack and I were in office. And through the Recovery Act’s grants and loans, battery prices dropped 80 percent because we were looking forward,” Biden said.
Biden also said he would not allow “a single contract go to a single company that does not hire Americans, have all American parts, and has an American supply chain that is an American product supply chain.”
What he didn't say;
Unmentioned in the speech, though, was Biden’s record of allowing Chinese investors with Chinese Communist Party ties to acquire American companies with EV technology capabilities.
Most notably, the Obama-Biden administration approved the acquisition of the Michigan-based electric battery company A123 Systems in 2013 after previously being rewarded with American taxpayer dollars worth $12.5 million to develop lithium ion battery technology for plug-in hybrid EVs. Thanks to the Obama-Biden administration’s approval of the company’s sale in 2013.
Biden’s son, Hunter Biden, had particular ties to such Chinese acquisitions of American EV companies
SELLING AMERICA OUT!!!!
To remove first post, remove entire topic.
Biden says;
“Our own Department of Energy pioneered and transformed the battery industry when Barack and I were in office. And through the Recovery Act’s grants and loans, battery prices dropped 80 percent because we were looking forward,” Biden said.
Biden also said he would not allow “a single contract go to a single company that does not hire Americans, have all American parts, and has an American supply chain that is an American product supply chain.”
What he didn't say;
Unmentioned in the speech, though, was Biden’s record of allowing Chinese investors with Chinese Communist Party ties to acquire American companies with EV technology capabilities.
Most notably, the Obama-Biden administration approved the acquisition of the Michigan-based electric battery company A123 Systems in 2013 after previously being rewarded with American taxpayer dollars worth $12.5 million to develop lithium ion battery technology for plug-in hybrid EVs. Thanks to the Obama-Biden administration’s approval of the company’s sale in 2013.
Biden’s son, Hunter Biden, had particular ties to such Chinese acquisitions of American EV companies
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