UK's Largest EV Battery Gigafactory Halts Expansion Amid Stalled JLR Deal and Slowing Demand

AESC, the operator of the UK's largest EV battery production facility in Sunderland, has paused its planned expansion. This setback is attributed to stalled negotiations with Jaguar Land Rover for a supply deal and weaker-than-anticipated demand from its existing client, Nissan, highlighting challenges in the EV transition.