The parent company of a firm building battery plants in the U.S. participated in Chinese Communist Party programs that obtain technology for the Chinese military.
The CCP established an "Overseas Talent Work Station" within Gotion Inc., which intends to build electric battery plants in Michigan, Gotion High-Tech reported.
Gotion Inc., a company tied to the Chinese Communist Party (CCP), is set to gain more than $1 billion in taxpayer money and incentives for building factories.
China will soon launch a massive new state-backed investment fund to pour capital into the Chinese semiconductor sector in order to compete with the U.S.