News

Chinese-Owned Company Halts Work on Factory to Make Batteries in U.S.
Automotive Energy Supply Corp., which has a deal to supply BMW, paused construction amid uncertainty over tariffs for ...
Billion-dollar battery plant pauses construction amid electric vehicle and tariff uncertainty
A Japanese company has halted construction on a $1_6 billion factory in South Carolina to help make batteries for electric ...
Auto industry braces for supply chain disruptions from China's rare earth curbs
Auto industry working to diversify supply chains as Europe is already seeing significant disruption. Read more.
Auto industry sounds the alarm as China's rare earth curbs start to bite
China's Ministry of Commerce in early April imposed export restrictions on several rare earth elements and magnets widely ...
WMBF News2y
Florence community breaks ground on an $810 million dollar ‘next generation’ electric vehicle battery plant
MYRTLE BEACH, SC (WMBF) - 1,170 new jobs will be coming to Florence County as the Automotive Energy Supply Corporation (AESC) broke ground on an $810 million dollar plant. The plant will produce a ...
Yahoo Finance2y
Battery maker Envision AESC seeking potential investors to fund expansion-CEO
Japan-based Envision Automotive Energy Supply Corporation (AESC), which supplies Nissan Motor Co and its alliance partners Renault and Mitsubishi Motors Corp, is also in talks with automakers in ...
The State2y
EV battery maker to build in Florence in large economic development deal for SC
Henry McMaster and the Envision Automotive Energy Supply Co. announced an $810 million ... Aligning with the company’s global commitment to sustainability, the new, 30GWh manufacturing plant ...
The State1y
Electric vehicle battery company doubles planned investment to build $1.6B plant in SC
An electric vehicle battery company, which first announced plans to build a Florence County facility, doubled its planned investment in South Carolina. Envision Automotive Energy Supply Co. now ...