Please ensure Javascript is enabled for purposes of website accessibility

AESC

AESC halts $1.6B EV battery plant over policy fears
Jun 6, 2025

AESC halts $1.6B EV battery plant over policy fears

COLUMBIA, S.C. (AP) — A Japanese company has halted construction on a $1.6 billion factory in South Carolina to help make batteries for electric BMWs, citing “policy and market uncertainty.” While Automotive Energy Supply Corp. didn’t specify what those problems are, South Carolina’s Republican governor said the company is dealing with the potential loss of […]

YOUR NEWS.
YOUR INBOX.
DAILY.

By subscribing you agree to our Privacy Policy.