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

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Oct 15
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Lotus

Lotus to End UK Production, Eyes US Move for Electric Vehicle Strategy

Lotus, the iconic British automaker, is poised to halt production at its historic Hethel, Norfolk factory after 59 years, with plans to shift manufacturing to the United States, according to a report by Autocar. This strategic pivot, driven by U.S. tariffs and a challenging electric vehicle (EV) market, could reshape Lotus’s future as it leans…

Polestar

Polestar Secures $200M Investment to Boost EV Expansion and Sales Growth

On June 16, 2025, Polestar, the Sweden-based electric vehicle (EV) manufacturer, announced a $200 million equity investment from PSD Investment, a firm controlled by Geely Holding Group’s founder, Li Shufu. This funding, reportedly secured through a private investment in public equity (PIPE), aims to fuel Polestar’s global expansion and strengthen its position in the competitive…

Ford

Redwood Materials Transforms Old EV Batteries into Affordable Microgrids for Energy Storage

Redwood Materials, a leader in electric vehicle (EV) battery recycling, is giving retired EV batteries a second life by converting them into cost-effective microgrids, the company announced on Thursday. By repurposing still-functional batteries, Redwood’s new division, Redwood Energy, is creating modular energy storage systems that address critical energy grid gaps at a fraction of the…

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…

Volvo EX90: A Tech-Forward Flagship EV with Growing Pains
Volvo

Volvo Cars CEO Warns of Rising Tariffs Impacting Affordable EVs in the U.S.

Volvo Cars’ CEO, Hakan Samuelsson, has raised concerns over looming tariffs that could significantly increase costs for electric vehicle (EV) buyers in the United States. In a recent statement, Samuelsson highlighted the challenges of maintaining affordability for models like the Volvo EX30 amid a proposed 50% tariff on European imports, as reported by Reuters. Tariffs…

Tesla Sues Ex-Supplier for Alleged $1B+ Battery Trade Secret Theft
Tesla

Redwood Materials Bolsters EV Battery Recycling with Tesla Veteran Mark Westfall

Redwood Materials, a leader in electric vehicle (EV) battery recycling, has welcomed Mark Westfall, a former Tesla engineer with a decade of experience, to its team. This strategic hire, announced on LinkedIn, strengthens Redwood’s mission to create a sustainable energy ecosystem by recycling and refining battery materials for new EVs, a process already supplying Tesla’s…

The BMW i4 is making waves in the electric vehicle market, proving to be a formidable competitor to the Tesla Model 3. This stylish four-door EV is not just a pretty face
BMW

BMW Halts EV Production Through May: What It Means for Electric Vehicle Fans

BMW has announced a surprising pause on its electric vehicle (EV) production through May 2025, leaving EV enthusiasts wondering about the future of models like the i4 and i5. According to a report by Automotive News, the German automaker will hold off on building new electrified vehicles for the next three to four weeks, though…

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