Electric vehicle company puts Mishawaka factory plans on hold

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MISHAWAKA, Ind. (AP) — An electric vehicle startup has halted plans to start production in Mishawaka and hire more than 450 workers.

The subsidiary of Chinese automaker Sokon had announced its plans last year for spending $160 million to buy and retool the former AM General commercial assembly plant. Indiana Gov. Eric Holcomb attended the announcement event, saying he was “thrilled” by the company’s decision.

But the South Bend Tribune reports Seres Automotive CEO James Taylor wrote a letter to employees saying development of its new electric SUV for the U.S. market “is on hold.” Taylor said the company’s focus is changing amid ongoing trade conflict and tariffs on Chinese-made products.

It wasn’t immediately clear what the decision means for the 85 workers now at the Mishawaka plant.

1 COMMENT

  1. It was a HUGE mistake to allow a centrally controlled communist dictatorship to become a major player in our free market constitutional republic economy.

    Too many people are just interested in their immediate monetary gain regardless of the fact that the ChiComs are our enemies and seek to make us their effective slaves.

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