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Construction on an EV battery plant was halted because of tariff fears
Japanese battery company Envision AESC is pausing the electric-vehicle battery plant it announced for Florence, South Carolina, in late 2022, citing “policy and market uncertainty.” The company broke ground on the facility in late 2022, and has spent $1 billion on it already.Read more...
Japanese battery company Envision AESC is pausing the electric-vehicle battery plant it announced for Florence, South Carolina, in late 2022, citing “policy and market uncertainty.” The company broke ground on the facility in late 2022, and has spent $1 billion on it already.
