Firm Tied to China’s Military Industrial Complex Plans to Roll Out Massive Battery Chemical Plants in U.S.

Shenzhen Capchem Technology plant floor

The Chinese manufacturer of chemicals for electric vehicle batteries planning to build two U.S. factories has long-standing ties to China’s military industrial complex, a Daily Caller News Foundation investigation found.

Capchem Technology USA, the wholly-owned subsidiary of China-based Shenzhen Capchem Technology (Capchem), plans to build factories in both Ohio and Louisiana that would produce components for electric vehicle batteries. Chinese government documents reveal the Chinese chemical giant was selected over a decade ago to conduct aerospace research for China’s military industrial complex as part of a program overseen by a blacklisted Chinese government agency.

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As Michigan Gov. Gretchen Whitmer Wants to Spend $60 Million on Electric Vehicles, Study Shows Recycling and Storing Their Batteries Will Be a ‘Huge Issue’

Gov. Gretchen Whitmer wants to spend $60 million on electric vehicles (EV), including electrifying the state’s fleet. However, the production of EVs is beset by a supply chain riddled with shortages in addition to environmental concerns.

Whitmer’s proposed 2023 budget aims to spend $50 million to subsidize new EV sales or a $500 rebate for at-home charging equipment for new or used EVs. Another $10 million would start converting Michigan’s roughly 13,637-vehicle fleet to EV.

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Report: Biden Close to Invoking Cold War Powers to Bolster Green Agenda

President Joe Biden is planning to use a Cold War-era law to boost U.S. production of critical minerals essential for electric vehicle batteries and defense equipment, Bloomberg reported Wednesday.

The president would add battery materials to a list of materials protected under the 1950 Defense Production Act (DPA) if he were to move forward with the plan, people familiar with White House plans told Bloomberg. Such a move would give mining firms access to a $750 million fund established under the DPA and used to “to carry out all of the provisions and purposes” of the act, according to the Congressional Research Service (CRS).

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