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Tag: Slammed

Why Another Battery Maker Slammed The Brakes On More U.S. Plants

AESC has stopped construction on two U.S. battery manufacturing facilities. The company was in the process of investing $3.6 billion in the two new factories. This is seen as a direct result of import tariffs and the cooling of EV demand in the United States. The Chinese-owned battery manufacturer Automotive Energy Supply Corp. (AESC) had … Continue reading “Why Another Battery Maker Slammed The Brakes On More U.S. Plants”