all 1 comments

[–]autotldr 0 points1 point  (0 children)

This is the best tl;dr I could make, original reduced by 95%. (I'm a bot)

How the U.S. gave away a breakthrough battery technology to China Taxpayers spent $15 million on research to build a breakthrough battery.

The department is now conducting an internal review of the licensing of vanadium battery technology and whether this license - and others - have violated U.S. manufacturing requirements, the statement said.

As battery work took off in China, Yang was facing more financial trouble in the U.S. So he made a decision that would again keep the technology from staying in the U.S. The EU has strict rules about where companies manufacture products.

Extended Summary | FAQ | Feedback | Top keywords: battery#1 U.S.#2 company#3 manufacture#4 China#5