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When I was studying China and Mandarin Chinese 35 years ago, “Red” China was unrecognized by the US, literally, and dark in a way difficult to imagine now. Just as today we can look at a nighttime satellite image and see the black void that is recalcitrant, unelectrified NorthKorea, once that was China. China is electrifying.
1 restricting Chinese content in batteries eligible for EV tax credits of up to USD 7,500, which sharply cut the number of eligible vehicles. New rules took effect on Jan. Automakers have since made changes to supply chains and won restored eligibility for many vehicles.
In addition to more stringent sourcing requirements, new “foreign entity of concern” language disqualifies subsidiary companies if a “parent entity” in China, Russia, Iran, or NorthKorea holds more than 50% in the company. does at least avoid recently-hiked tariffs on Chinese EVs.
is also considering hiking tariffs on Chinese EVs. Polestar has said that U.S. production of the 3 would be not just for the U.S. market but for export to some markets. Polestar notes that it will pass along a $7,500 credit on all Polestar 3 leases.
But it may also signal a de-escalation of the pressure Washington has brought to bear on the Chinese company now that Huawei is on its heels. Huawei has long been regarded as a rogue player in the international telecoms market with deep ties to the Chinese Communist Party. Huawei is slow in fixing their vulnerabilities.
The two leaders took turns driving the armoured limousine during Putin’s pomp-filled visit, his first in nearly a quarter of a century to NorthKorea, in a demonstration of the two nuclear powers’ increasingly close ties. Customers include Turkmenistan President Serdar Berdymukhamedov.
These countries include NorthKorea, China, Russia and Iran. Ford has been awaiting the new guidance to determine whether an upcoming battery plant project in Michigan with Chinese battery maker CATL would allow produced vehicles to be eligible.
President Joe Biden’s administration had proposed a tough threshold on firms controlled by China, Russia, NorthKorea and Iran. In Chile, local firm SQM’s second-largest shareholder is Tianqi Lithium, a Chinese player with a sprawling grip on the lithium market. As Chile has a free trade agreement with the U.S.,
That is, it doesn’t actually hack into Chinese companies, let’s say, and steal their blueprints. So I think that Russia, NorthKorea, Iran, they’re the geopolitical peasants, so to speak. So the United States is the largest national security hacker on the planet, but it almost never engages in corporate espionage.
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