A stunning number of electric vehicle, battery factories are being canceled [View all]
Source: Washington Post, via MSN
A stunning number of electric vehicle, battery factories are being canceled
Story by Shannon Osaka • 3h • 4 min read
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A stunning number of electric vehicle, battery factories are being canceled
© Nic Antaya/For The Washington Post
Over the past few years, electric vehicle manufacturing facilities producing lithium batteries, car parts and critical minerals sprang up all over the United States. Drawing on cash and tax credits from the Inflation Reduction Act, these factories promised to provide jobs — largely in Republican areas — and to set the nation on a path to making homegrown EVs.
But even before President Donald Trump’s sweeping tariffs on imports, many of those projects were being canceled — leaving thousands of jobs and the shift to clean energy in doubt. ... According to data from Atlas Public Policy, a policy research group, more projects were canceled in the first quarter of 2025 than in the previous two years combined. Those cancellations include a $1 billion factory in Georgia that would have made thermal barriers for batteries and a $1.2 billion lithium-ion battery factory in Arizona.
“It’s hard at the moment to be a manufacturer in the U.S. given uncertainties on tariffs, tax credits and regulations,” said Tom Taylor, senior policy analyst at Atlas Public Policy. Hundreds of millions of dollars in additional investments appear to be stalled, he added, but haven’t been formally canceled yet.
“Nothing is more important to business than market clarity,” said Bob Keefe, executive director of E2, a clean energy advocacy group. “It’s about as clear as a blizzard at midnight.”
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Read more: https://www.msn.com/en-us/news/us/a-stunning-number-of-electric-vehicle-battery-factories-are-being-canceled/ar-AA1ChG3s
Original article, behind paywall:
https://www.washingtonpost.com/climate-environment/2025/04/03/ev-factories-canceled/
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