Congressman John James | Rep. John James Official U.S House Headshot
Congressman John James | Rep. John James Official U.S House Headshot
WASHINGTON, D.C. - Representative John James (MI-10), along with Senator Marco Rubio (R-FL) and members of the Michigan congressional delegation, have co-authored a letter to Treasury Secretary Janet Yellen expressing concerns over Gotion High Tech's recent investments in lithium battery manufacturing plants in Michigan and Illinois.
In the letter, Representative James emphasizes the need for a thorough review by the Committee on Foreign Investment in the United States (CFIUS) regarding Guoxuan High-Tech's ownership of Gotion, Inc. He argues that failure to conduct such a review would send a signal to Beijing and its proxies, indicating that they can exploit non-traditional methods to compromise U.S. national security without consequences.
"It is clear that CFIUS must conduct a closer review of Guoxuan High-Tech's ownership of Gotion, Inc. Failing to do so would send a signal to Beijing, and its proxies, that they can continue to use non-traditional means to harm U.S. national security with impunity. In the interest of U.S. national security, we respectfully request you conduct an immediate CFIUS review, and if necessary, order the divestment of Gotion, Inc by Guoxuan High-Tech and its CCP owners," Representative James stated.
The full letter can be read here.
For more information, please contact Noah Sadlier at noah.sadlier@mail.house.gov or (586) 201-8223.
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