Some experts warn that the governor's decision to reject Ford and CATL's battery plant was a missed opportunity.
A CATL display at RE+, held in Anaheim, California, September 2022. Credit: CATL
The U.S. is enjoying a boom in clean energy investment, but at least one state leader isn’t fully on board. Last month, Virginia’s Republican governor Glenn Youngkin turned down a major investment from carmaker Ford to build a battery factory in the state that was set to create thousands of jobs.
The hitch? Chinese involvement.
Youngkin says he blocked the multi-billion dollar deal due to Ford’s partnership on the project with Chinese battery giant Contemporary Amperex Technolo
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