AESC halts construction of its $1.6 billion gigafactory in the US
AESC halts its Florence-based gigafactory project due to tariff and tax policy concerns affecting future investment
Electric vehicle-battery maker AESC has paused the construction of its planned gigafactory in Florence, South Carolina, US, due to market uncertainties.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here