US lawmakers to press automakers to cut reliance on China over supply chains- Bloomberg

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US lawmakers to press automakers to cut reliance on China over supply chains- Bloomberg
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WASHINGTON: A bipartisan group of US lawmakers will travel to Detroit on Tuesday to press the heads of automakers Ford Motor and General Motors to slash reliance on China over supply chains, particularly when it comes to electric vehicle batteries, Bloomberg reported. The four lawmakers - Republicans Mike

WASHINGTON: A bipartisan group of US lawmakers will travel to Detroit on Tuesday to press the heads of automakers Ford Motor and General Motors to slash reliance on China over supply chains, particularly when it comes to electric vehicle batteries, Bloomberg reported.

The four lawmakers - Republicans Mike Gallagher and John Moolenaar, and Democrats Raja Krishnamoorthi and Haley Stevens - are part of the newly formed House of Representatives China Select Committee. They will argue that dependence on China over supply chains undercuts US firms, Bloomberg reported on Monday, citing a source familiar with the matter, adding the lawmakers would meet Ford CEO Jim Farley and GM CEO Mary Barra, among other executives.

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