China-Tied Battery Manufacturer Admits It Is Subsidized By Chinese Gov’t After All
The subsidized U.S. subsidiary of a Chinese electric vehicle battery maker quietly acknowledged on July 20 that it had received subsidies from the Chinese government after executives suggested the U.S. subsidiary had no government involvement. Gochon is completelyOwned and controlledThe China-based parent company, Goshon Hi-Tech, made the disclosure under the revised Foreign Agents Registration Act […]
