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Kentucky

News, deep dives, and analysis — every Kentucky story, newest first.

24
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Jun 10
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Elon Musk

Battery Makers Pivot to Energy Storage as EV Demand Slows

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.…

Tesla

How a Chinese Battery Maker’s $2 Billion U.S. EV Factory Bet Faltered

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…

South Carolina

$1.6 Billion South Carolina EV Battery Plant Halts Amid Policy Shifts

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…

Ford

Nissan Partners with Ford-SK On for U.S. Battery Supply to Boost EV Production

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…

Kentucky Powers Up with Tesla's Charging Plug
Tesla

House Republicans Push to End EV Tax Credits, Threatening U.S. Electric Vehicle Growth

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

Toyota Delays US-Built EVs, Adjusts Strategy Amid Market Shifts

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…

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