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AESC halts battery factory construction in South Carolina


The battery cell manufacturer AESC has surprisingly paused construction work on its factory in the US state of South Carolina. The plant in Florence County, in which a total of 1.6 billion dollars is to be invested, is intended to supply BMW with cylindrical cells and create around 1,600 jobs. The reason cited for the temporary halt to construction is uncertainty regarding US economic policy and market conditions. Read more…

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