House Digs Deeper Into Chinese-Owned Battery Company’s Rescinded Grant From Biden DOE

House Republicans have voiced concerns about the Biden administration’s energy-related spending, questioning a Department of Energy (DOE) official about how a Chinese-owned battery manufacturer was on pace to get hundreds of millions in taxpayer money before the Biden administration rescinded the money in May.
That company, Microvast, somehow qualified for a $200 million grant to build a battery separator facility in Tennessee as part of spending doled out through the 2021 Bipartisan Infrastructure Law (BIL).
The Department of Energy announced the decision in October 2022 as part of $2.8 billion in what its announcement repeatedly described as “funded projects” for the U.S. battery sector….}