All articles tagged with #battery plant
Ford is shutting down its Kentucky EV battery plant, laying off 1,600 employees, and shifting focus to battery storage for utilities and data centers, citing a strategic move to higher-margin opportunities amid declining EV demand and financial losses in its EV business.
Toyota has begun production at a new $13.9 billion battery plant in North Carolina and plans to invest up to $10 billion more in the US over the next five years, marking a significant expansion in its US operations amid shifting market conditions favoring hybrids and EVs.
The detention of around 300 South Korean workers at a Georgia battery plant highlights tensions between US immigration policies and South Korean investment commitments, raising concerns about visa restrictions impacting major industrial projects and diplomatic relations.
Georgia Governor Brian Kemp faces a challenge balancing his tough immigration stance with his efforts to attract foreign investment, highlighted by a recent raid on a battery plant that detained over 300 South Korean workers, raising questions about the state's relationship with foreign investors and its immigration policies.
The arrest of hundreds of foreign workers at a Hyundai battery plant in Georgia highlights tensions between U.S. immigration policies and the goal of attracting foreign investment, with authorities cracking down on illegal employment while the plant's construction is paused and U.S. expansion plans may be affected.
U.S. immigration authorities detained nearly 500 workers, mostly South Koreans, at a Hyundai electric vehicle battery plant construction site in Georgia, in the largest enforcement operation at a single location, prompting diplomatic concern from South Korea.
Employees at a Ford-SK On battery factory in Kentucky voted narrowly to be represented by the U.A.W., though contested ballots could change the outcome, marking a significant step in the union's efforts to organize in the electric vehicle industry.
Workers at a Kentucky EV battery plant are voting on whether to unionize with the United Auto Workers, marking a significant effort to expand union influence in the South amid the growing electric vehicle industry and major investments by Ford and other automakers. The outcome could impact the future of unionization in the region and the broader EV supply chain.
Panasonic is delaying full production at its Kansas battery plant due to declining electric vehicle sales and shifts in U.S. policies, threatening a $4 billion project that was expected to create thousands of jobs and boost local economy. Despite the delay, the plant's grand opening is scheduled, and local officials remain optimistic about future growth.
Ford Motor announced it will proceed with building a $3 billion battery plant in Michigan despite potential loss of federal tax incentives due to new legislation targeting Chinese technology use, emphasizing their commitment to the project and its 1,700 jobs, amid political debates over EV support and manufacturing policies.
A Japanese company has paused construction of a $1.6 billion battery factory in South Carolina due to policy and market uncertainties related to tariffs and EV incentives, but plans to resume and meet its investment commitments, amid ongoing negotiations and economic strategies in the region.
A Japanese company has paused construction of a $1.6 billion battery factory in South Carolina due to policy and market uncertainties related to electric vehicle incentives and tariffs, but plans to resume and fulfill its investment commitments amid ongoing discussions with the government.
Ford warns that its new Michigan battery plant and 1,700 jobs are at risk if Congress cuts federal incentives for clean energy, particularly the production tax credit, which Ford has relied on to justify the investment. The company criticizes potential policy changes that could undermine the EV supply chain support established through Biden's climate bill, amid broader legislative efforts to phase out certain EV incentives and impose restrictions on Chinese components, posing a challenge to Ford's electrification plans.
A new $712 million battery plant is set to be built in Shelbyville, Kentucky, creating 1,572 high-tech jobs. Announced by Governor Andy Beshear, the Shelbyville Battery Manufacturing facility, a subsidiary of e-Storage, will produce battery cells, modules, and packaging in a 1-million-square-foot building. This project, expected to begin production by the end of 2025, positions Kentucky as a leader in the U.S. energy storage sector, complementing other battery-related developments in the state.
Mississippi officials are finalizing a deal for a $1.9 billion electric vehicle battery plant in Marshall County, which could create 2,000 jobs with an average annual salary of about $66,000. The plant, to be located in the Chickasaw Industrial Park, would be the second-largest capital investment in the state's history and further establish Mississippi as a leader in the automotive industry. The company behind the project has not been disclosed, but the deal is expected to pass the legislature quickly, potentially in a single day, and could have a significant economic impact on the area.