AESC halts SC EV battery plant construction amid market concerns

1 min read
Source: SC Daily Gazette
AESC halts SC EV battery plant construction amid market concerns
Photo: SC Daily Gazette
TL;DR

AESC, a Japanese battery maker, has paused construction of its South Carolina plant due to policy and market uncertainties, delaying its commitment to create 1,600 jobs and invest $1.6 billion, amid broader industry challenges and policy debates in the U.S.

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