FILE - AESC Group CEO Shoichi Matsumoto speaks at the "Topping Out" structural completion milestone ceremony for the 1.6 million-square-foot AESC gigafactory being constructed in the Kentucky Transpark in Bowling Green, Ky., on Thursday, Sept. 14, 2023. (Grace Ramey /Daily News via AP)

Billion-dollar battery plant pauses construction amid electric vehicle and tariff uncertainty

by The Associated Press June 6, 2025

written by The Associated Press June 6, 2025

By Jeffrey Collins COLUMBIA, S.C. (AP) — A Japanese company has halted construction on a $1.6 billion factory in South Carolina to help make batteries for electric BMWs, citing “policy and market uncertainty.” While Automotive Energy Supply Corp. didn't specify what those problems are, South Carolin...

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Billion-dollar battery plant pauses construction amid electric vehicle and tariff uncertainty

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