All articles tagged with #construction pause
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.
AESC has paused construction at its Florence, South Carolina plant due to market and policy uncertainties, but assures that over 200 employees will remain employed and that construction will resume once conditions stabilize. The project, part of a $1 billion investment, aims to create 1,600 jobs, amid declining consumer interest in electric vehicles and ongoing political debates over EV mandates.
Ford has announced a pause in the construction of its $3.5 billion electric vehicle battery plant in Marshall, citing the need to ensure competitive operations. The decision comes amidst the ongoing United Auto Workers strike, although the company did not confirm if it was a factor. The battery plant, which was set to be run by Ford's subsidiary, Blue Oval Battery Park Michigan, would have employed 2,500 people. Ford had planned to license battery technology from China's CATL but faced pushback from the community and Republican leaders.