The Department of Energy (DOE) is under fire for allegedly undermining U.S. national security by giving hundreds of millions of dollars to a company with ties to the Chinese Communist Party (CCP).
At the heart of the controversy is the DOE’s decision to award $200 million to Microvast Holdings, a U.S.-based lithium battery company that does most of its business in China.
Microvast is tied to the CCP, which rules China as a single-party state, according to a Dec. 7 letter issued by Sen. John Barrasso (R-Wyo.) to Energy Secretary Jennifer Granholm.
“I write to you with grave concerns as the DOE continues to operate in a manner that undermines and endangers our national security,” Barrasso said….}