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Climate Hysteria

Manchin Slams Biden For ‘Breaking The Law’ By Allowing China To Control America’s EV Market

“The proposed Treasury rules on Foreign Entities of Concern are another example of the Biden administration clearly breaking the law… “

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Senator Joe Manchin, a Democrat from West Virginia, has delivered a critical assessment of the Biden administration’s policies on electric vehicles (EV). The senator took issue with recent federal guidance that he argues enables Chinese companies to benefit from taxpayer-funded EV tax credits.

Manchin, the chairman of the Senate Energy and Natural Resources Committee, asserted that the new guidelines contradict the spirit of the 2022 Inflation Reduction Act (IRA), legislation which he authored. He pledged to not only introduce legislation aimed at overturning the guidance but also support any legal challenge against it.

The Treasury Department’s guidance potentially allows Chinese firms to continue supplying EV battery parts and materials to EVs qualified for credit. Manchin expressed his dissatisfaction with this development, stating, “The United States has never had to rely on foreign adversaries to build our cars and trucks.”

Under the IRA, EVs are not eligible for a $7,500 federal credit if they are built using any battery components or essential minerals sourced from a “foreign entity of concern” starting in 2024 and 2025. However, the Treasury’s interpretation of this rule leaves room for Chinese entities linked to their government to indirectly leverage U.S. taxpayer subsidies.

Moreover, the Treasury Department introduced a multi-year exemption on Friday, allowing “non-traceable battery materials” to be omitted from determining whether a battery cell complies with the foreign entity of concern rules. This exemption, according to the Alliance for Automotive Innovation industry group, prevents the EV tax credit from becoming a mere theoretical concept.

Manchin voiced his frustration with this workaround, saying the administration is leaving the door wide open for China to profit off American taxpayers. He reaffirmed his commitment to reverse the proposed rule and protect the country’s energy security.

China currently dominates the global EV supply chain, controlling approximately 75% of all lithium-ion batteries – a critical component of EVs. This dominance poses a significant challenge to President Biden’s ambition of transitioning the U.S. transportation sector to EVs while simultaneously increasing U.S. auto industry jobs.

In conclusion, Senator Manchin’s critique reflects broader concerns about the economic and strategic implications of the United States’ reliance on foreign entities for critical components of its emerging green economy. His stance underlines the need for balanced policies that prioritize both environmental sustainability and national security.

Some expect Manchin to mount a bid for president against Biden under the No Labels ticket, which has gained ballot access in key battleground states.

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Analise Morrow
Written By

Analise is a conservative from the United States who writes under a pseudonym to keep the radical left at bay.

5 Comments

5 Comments

  1. Avatar

    CPO Bill

    December 1, 2023 at 6:32 pm

    You know damn well hunter is getting chink cash for the big guy! Manchin is telling the truth!

  2. Avatar

    Maydaymayday

    December 2, 2023 at 10:10 am

    Ooohhh. Manchin is Big Mad that the flawed awful legislation he was instrumental in passing is being used for political advantage by his leftist cohorts. He’s threatening to propose clarifying legislation that will never pass. Maybe he should author a sternly authored Yelp review.

  3. Avatar

    sunnyvaleken

    December 2, 2023 at 11:08 am

    Joe sold out to the Chinese and is acting in their interest. He has certainly accepted bribe money – note the bribery statute doesn’t require the accepter of the bribe to be the one who takes the money. Bribery applies if Joe agrees to it but has Hunter receive the money.

  4. Avatar

    stinkyyman

    December 2, 2023 at 3:00 pm

    China paid good money for the EVB industry.
    Do you know how much it costs to buy the GOP, DNC, and US president at the same time?

  5. Avatar

    Plato v2.0

    December 3, 2023 at 9:53 am

    OH SHUT UP MANCHIN!!!! YOU KNOW YOU’LL NEVER VOTE TO CONVICT THIS CRIMINAL BAS TARD!!!!

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