The last time the U.S. tried to foster domestic battery manufacturing, its star company ended up being scooped up by a Chinese conglomerate. Can the Biden administration avoid the same fate?
President George W. Bush spoke with the press alongside A123 executives in front of the White House in February 2007. Credit: Brendan Smialowski/Getty Images
Listen to SupChina editor-at-large and Sinica podcast host Kaiser Kuo read this article.
Six months ago, in early October, Doug Campbell sat down in front of a camera in Louisville, Colorado, just 20 miles outside of Denver, to deliver some big news. Dressed in a trucker cap and hooded sweatshirt, the 42-year-old chief executive officer of battery start-up Solid Power looked more Rocky Mountain-cool than materials scientist-serious, but he didn’t miss a beat as he rattled off his compan
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The Entity List has become one of America’s favorite weapons in its economic arsenal. The Trump administration just increased it by more than 20,000 companies, provoking ire from Beijing and putting it at the center of this month’s sudden and dramatic deterioration in Sino-U.S. relations.
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