Every EVXL story tagged “Kentucky” — newest first.
As electric vehicle sales falter, major battery manufacturers are shifting focus to a booming market in large-scale energy storage systems, offering a potential buffer against losses in the automotive sector. This strategic pivot helps utilize underused factories and taps into rising demand from utilities and data centers, according to a recent analysis from the WSJ.…
In a surprising turn of events, Automotive Energy Supply Corp. (AESC), a Chinese-owned battery manufacturer, has halted work on a $2 billion electric vehicle (EV) battery plant in Bowling Green, Kentucky, leaving behind a massive metal shell and unfulfilled promises of 2,000 jobs. The project, which began with a groundbreaking ceremony in August 2022, reflects…
AESC, a Japanese battery manufacturer, has paused construction on its $1.6 billion factory in Florence, South Carolina, designed to supply batteries for BMW’s electric vehicles (EVs). The decision, stems from uncertainties in federal EV policies and potential tariff changes under President Donald Trump’s administration, raising concerns for the EV industry’s growth in the U.S. reports…
Nissan Motor Co. is nearing a deal to source electric vehicle (EV) batteries in the U.S. from a joint venture between Ford Motor Co. and South Korea’s SK On, a move aimed at navigating new tariffs and revitalizing EV production. According to a recent Bloomberg report, this collaboration could reshape the EV landscape by strengthening…
On May 12, 2025, House Republicans introduced a tax reform bill that could reshape the U.S. electric vehicle (EV) landscape by proposing to eliminate the $7,500 new-vehicle tax credit and $4,000 used-vehicle credit, alongside repealing fuel efficiency rules aimed at boosting zero-emission vehicles. This move, set for discussion in the House Ways and Means Committee,…
Toyota’s plans for U.S.-built electric vehicles have hit a speed bump. According to a report from Nikkei, the Japanese automaker is pushing back its timeline for American-made EVs by several months, reflecting ongoing challenges in the electric vehicle market. Kentucky and Indiana Plants Face Setbacks The company’s initial goal was to start producing a three-row…
Kentucky is trailblazing in the world of electric vehicles. The state is now demanding that all charging companies include Tesla’s plug to participate in a state initiative. This project, which leverages federal funds, aims to electrify highways. Kentucky’s move makes it the first to require Tesla’s charging technology. Texas and Washington have expressed similar intentions,…
In a move that set Ford Motor’s stock on the upswing, the U.S. government recently committed billions to aid the Detroit-based car manufacturer in its shift to electric vehicles. The U.S. Energy Department revealed a conditional loan of $9.2 billion for BlueOval SK LLC, a battery manufacturing joint venture between Ford and South Korea’s SK…
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