AESC Pauses Construction of $1.6 Billion Electric Vehicle Battery Plant
AESC’s electric vehicle battery plant in Florence, South Carolina, has paused construction due to policy and market uncertainties, according to a statement from the company. The $1.6 billion Pee Dee factory was expected to employ 1,620 workers at full capacity. The Japanese manufacturer Envision Automotive Energy Supply Co., announced plans to supply batteries for electric … Read more