Billion-Dollar Battery Plant Pauses Construction Amid Electric Vehicle and Tariff Uncertainty

A BMW Supplier Was Working On A U.S. EV Battery Factory. Here's Why Construction Stopped

Envision AESC started building a huge battery plant in South Carolina two years ago to supply cells to BMW. It has now abruptly halted work on the site.

Controversial battery storage scheme halted after review

Residents are celebrating after a battery storage project was placed on an ‘indefinite pause’.

ThePatriotLight - Chinese-Owned Firm Halts Construction On Battery Plant In America's EV Heartland

ThePatriotLight - Chinese-owned AESC has halted construction of its $1.6 billion battery plant in America's emerging "Battery Belt," citing economic uncertainty tied to President Trump's trade war and tariffs and the potential early termination of federal clean energy subsidies.Construction of AESC's electric-vehicle battery plant in Florence, South Carolina, began in 2023 after securing a deal with BMW to make battery cells. On Thursday, the co…

Chinese-Owned Firm Halts Construction On Battery Plant In America's EV Heartland

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Large EV battery plant stops construction, citing concerns over U.S. policy uncertainty

“Due to policy and market uncertainty, we are pausing construction at our South Carolina facility at this time,” the Automotive Energy Supply Corp. said in a statement.

Chinese-Owned EV Battery Company Pauses US Factory Construction

South Carolina Gov. Henry McMaster, a Republican, pointed to the potential loss of federal tax breaks for EV buyers and incentives for EV businesses along with tariffs as the reason.