June 9th, 2025
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A Japanese company, AESC, stopped building a big factory in South Carolina for a short time. They said they are not sure about rules and the market. The factory was going to make batteries for BMW electric cars. The governor thinks this is because of possible changes to money help for electric cars. AESC says they will still hire 1,600 people and spend $1.6 billion. They have already spent $1 billion on the factory. Another company, Scout Motors, will build electric SUVs in South Carolina. People are worried that new taxes from President Trump could hurt business with companies like BMW.
June 9th, 2025
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