Ford’s pact with Chinese EV battery maker is a sucker

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Virginia Governor Glenn Youngkin made national headlines recently when he rejected a Ford Motor F factory in a struggling part of the state, owing to Ford’s partnership with Contemporary Amperex Technology Co. CN:300750 ( CATL), a Chinese electric-vehicle battery manufacturer. Youngkin said the proposed factory was a “front for the Chinese Communist Party.” 

A month later, Michigan Governor Gretchen Whitmer celebrated that her state landed the plant, saying, “It’s thrilling, it’s thrilling.”

Who…

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