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The growing policy uncertainty and weakening economic conditions alone may already be causing some of this to occur.
Since Trump took office, companies have canceled, delayed, or scaled back at least nine US “clean energy supply chain” developments or operations, according to the Big Green Machine, a database maintained by Jay Turner, a professor of environmental studies at Wellesley College, and student researchers there. The projects that have been affected represent some $8 billion in public and private investments, and more than 9,000 jobs.
They include KORE Power’s planned battery facility in Arizona, which the company halted; Envision Automotive Energy Supply’s paused expansion in Florence County, South Carolina; and Akasol’s closure of two plants in Michigan.
VW also scaled back production at its recently expanded EV factory in Chattanooga, Tennessee, amid slower-than-expected growth in sales and, perhaps, the expectation that the Trump administration will strive to roll back consumer tax credits for vehicle purchases.
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