Billion-dollar battery plant pauses construction in US amid electric vehicle, tariff uncertainty
NEW YORK: A Japanese company has halted construction on a US$1.6 billion factory in South Carolina to help make batteries for electric BMWs, citing “policy and market uncertainty,“ reported Xinhua quoting the Associated Press. “While Automotive Energy Supply Corp. (AESC) didn’t specify what those problems are, South Carolina’s Republican governor said the company is dealing… Continue reading Billion-dollar battery plant pauses construction in US amid electric vehicle, tariff uncertainty