An electric vehicle battery plant being built in Florence is pausing construction because of uncertainty in the market.

Japanese battery maker AESC told South Carolina officials it is putting construction work on hold at a site that is supposed to employ about 1,600 people as it makes electric vehicle battery cells for BMW.

Speculation over where President Donald Trump will settle on tariffs and a House budget, and tax bill pushed by the president that would eliminate the $7,500 new electric vehicle tax credit , has led to uncertainty in the market.

“AESC has informed the state of South Carolina and our local partners that due to policy and market uncertainty, we are pausing construction at our South Carolina facility at this time,” Brad Grantham, AESC spokesperson said in a statem

See Full Page