That massive $11.4B battery venture between a major automaker and a Korean battery giant? Yeah, it's getting shelved. The EV wave everyone predicted isn't crashing ashore as fast as anticipated—demand's cooling off, policy winds are shifting.



With CAFE standards getting relaxed, the urgency to dump billions into battery infrastructure just evaporated. Classic case of market timing meeting regulatory reality. When government mandates lose their teeth and consumer appetite softens, mega-cap industrial bets get reassessed real quick.

Interesting parallel for anyone tracking capital flows: when traditional industries pull back from "sure thing" investments, where does that liquidity hunt for yield next? We've seen similar pivots before—capital doesn't sleep, it just relocates.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
ForkThisDAOvip
· 4h ago
Ha, it's another real-world drama of capital. Once the policy support loosens, these "inevitable investments" immediately vanish into thin air.
View OriginalReply0
FarmToRichesvip
· 10h ago
Haha, hilarious. Once again, a "certain thing" suddenly becomes uncertain. Where should this money flow to? It can't really just sleep, right? The new energy industry is all about policies; once they loosen, everything's done for. The leeks are still celebrating, but the capitalists have already run away. billion yuan, just like that, they can just stop, really playing with fire.
View OriginalReply0
TxFailedvip
· 10h ago
nah this is the play tho... watched billions evaporate before, capital rotation hits different when policy reverses. where's the money actually going? that's the real question nobody's asking
Reply0
QuorumVotervip
· 10h ago
Once policies loosen, big companies become timid. This is exactly what the group of people in Web3 often refer to as the "rules of the game."
View OriginalReply0
TrustlessMaximalistvip
· 10h ago
11.4 billion just ended in failure? What happened to the promised EV revolution? Turning around and running As soon as the policy relaxed, capital immediately pulled back. This is the real truth Where is the hot money flowing to? Is anyone watching? Another wave of scythe switching places to cut The relaxation of the CAFE standards was doomed from the start; no one can oppose the policy trend Who will take over this time? It still depends on where the subsequent funds are invested
View OriginalReply0
GweiTooHighvip
· 10h ago
Ha, as soon as the policy relaxes, projects start getting cut again. This wave of EV enthusiasm didn't last as long as expected.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)