When Gov. Glenn Youngkin decided to remove the commonwealth of Virginia from competing with Michigan for an electric vehicle battery plant owned by Ford Motor Co. but operated by a Chinese industrial giant, he acted both in Virginia’s and America’s best interests.
Virginia Republican gubernatorial candidate Glenn Youngkin participates in a debate with Democratic gubernatorial candidate and former Gov. Terry McAuliffe at Northern Virginia Community College, in Alexandria, Va., Tuesday, Sept. 28, 2021. hen Gov. Glenn Youngkin decided to remove the commonwealth of Virginia from competing with Michigan for an electric vehicle battery plant owned by Ford Motor Co.
Beijing would have controlled both the technology and the factory operations at the plant, a joint enterprise between Ford and Contemporary Amperex Technology Co. Ltd., or CATL. It would have been inappropriate to use Virginians’ tax dollars to subsidize such an enterprise with tax breaks and other incentives to attract the plant to the commonwealth.with democracies around the globe and America must stay energy-independent.
in electric vehicle tax incentives in 2022’s Inflation Reduction Act for domestic, not Chinese, production.accounts for over 70%
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