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U.S. Clean Tech Manufacturing Faces Setbacks Amid Rising Cancellations

U.S. clean tech manufacturing is hitting roadblocks as project cancellations surpass new investments. A Rhodium Group and MIT study highlights a 15% drop in actual investments, driven by weakened EV demand and reduced IRA incentives. With battery production still vital, the slowdown raises concerns about long-term economic resilience despite overall GDP growth.
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U.S. Manufacturing Slows as Clean Tech Cancellations Rise
jeffkomstory.com

U.S. Manufacturing Slows as Clean Tech Cancellations Rise

U.S. manufacturing faces setbacks as clean tech projects worth billions are canceled, raising worries about long-term growth.