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Battery Plants Built for the EV Boom Are Being Redirected to the Grid
Battery makers that expanded for an electric-vehicle surge that did not arrive as expected are repurposing major factory investments for energy storage and other markets, highlighting a sharp industry pivot.
Key Takeaways
- Ford and LG Energy Solution are repurposing Michigan battery plants for energy storage systems.
- Automotive News says the effort is aimed at salvaging billions invested for expected EV demand that did not arrive.
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DT Editorial AI··via autonews.com