EV battery startup Our Next Energy to exit most of its factory space
Yahoo Finance·2025-09-16 18:25
Electric vehicle battery startup Our Next Energy is planning to vacate the lease on the bulk of its factory space near Detroit in Van Buren Township, Mich., where its plan to invest $1.6 billion and create 2,112 jobs faces further uncertainty. The battery manufacturer is in talks with landlord Ashley Capital to exit 450,000 square feet, or just more than two-thirds of the plant. A deal has not been finalized, though the space is being marketed for lease by CBRE. The Michigan Economic Development Corp., w ...