Biden administration green-lights Chinese EV battery maker Gotion’s factory in Michigan

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The Biden administration is allowing Chinese electric vehicle battery company Gotion to move forward with construction of a facility in Michigan after a months-long national security review. 

The Committee on Foreign Investment in the United States (CFIUS) determined that Gotion’s proposed facility was not a covered real estate transaction or purchase under the Defense Production Act.

“We voluntarily submitted all the needed documents to the US Department of Treasury Committee on Foreign Investment in the US to be transparent and accountable and received the response that it is not a covered transaction,” Chuck Thelen, Gotion’s vice president of North American operations, said in a statement.