​Market Headwinds Force Owners To Hit The Brakes On EV Projects – Tyler Durden

Market Headwinds Force Owners To Hit The Brakes On EV Projects By Sebatian Obando of ConstructionDive Once a bustling site poised to power the electric vehicle revolution, a $2.6 billion battery factory under construction in Lansing, Michigan, now sits at a near standstill, its future frozen as economic headwinds stall its progress. LG Energy Solution paused a portion of its $5.5 billion battery manufacturing complex in Queen Creek, Arizona, earlier this summer due to market conditions, according to the company. Courtesy of LG Energy Solution EV battery maker Ultium Cells, a joint venture between General Motors and LG Energy Solution,…  — Continue at ZeroHedge News : Read More