Market Headwinds Force Owners To Hit The Brakes On EV Projects | ZeroHedge
By Sebatian Obando of ConstructionDive
Once a bustling site poised to power the electric vehicle revolution, a $2.6 billion battery factory under construction in Lansing, Michigan, now sits at a near standstill, its future frozen as economic headwinds stall its progress.
LG Energy Solution paused a portion of its $5.5 billion battery manufacturing complex in Queen Creek, Arizona, earlier this summer due to market conditions, according to the company. Courtesy of LG Energy Solution
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