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

Jun 8th 2025 12:15pm EDT

Chinese-Owned Firm Halts Construction On Battery Plant In America’s EV Heartland 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 […]

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