News, deep dives, and analysis — every South Carolina story, newest first.
In a move highlighting the tension between Republican fiscal priorities and local economic benefits, Rep. Nancy Mace (R-South Carolina) has privately urged the Trump administration to release $285 million in federal funding for a Mercedes-Benz Vans plant northwest of Charleston to shift to electric vehicle (EV) production. The funds, part of a $1.8 billion grant…
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…
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…
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…
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…
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 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…
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…
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