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South Korean companies are reconsidering their $54 billion investment blitz to build electric-vehicle battery plants in the U.S. over concerns President-elect Donald Trump could undo tax credits for EVs. https://www.japantimes.co.jp/business/2024/12/09/tech/trump-ev-korean-investments/?utm_medium=Social&utm_source=mastodon #business #tech #electricvehicles #southkorea #lg #samsung #batteries #donaldtrump
Trump's EV skepticism threatens $54 billion in Korean investments
Some Korean companies have slowed or hit the pause button on any ongoing construction of some plants in the U.S. because they’re concerned about reduced demand for EVs.Heejin Kim (The Japan Times)
