The's Trading Volume Surges 101.29% to Rank 289th in Daily Volume

On June 17, 2025, The's trading volume reached 2.76 billion, marking a significant 101.29% increase from the previous day. This surge placed The among the top 289 stocks by trading volume for the day.

The Darden Clean Energy Project, which includes 1.1 GW of solar capacity and a battery energy storage system, is being fast-tracked in California. This project is designed to power nearly 850,000 homes, highlighting The's commitment to renewable energy and energy storage solutions.

Automotive Energy Supply Corp. (AESC), a Chinese-owned battery manufacturer, has halted work on a $2 billion electric vehicle (EV) battery plant in Bowling Green, Kentucky. This decision reflects the broader challenges facing the U.S. EV industry, including slowing demand and shifting trade policies. The project, which began in August 2022, aimed to create 2,000 jobs but has left behind an incomplete structure and unfulfilled promises.

The halt in construction is due to a combination of technical and economic issues. AESC began construction and ordered machinery before finalizing factory layouts, leading to multiple design changes and increased costs. The South Carolina plant, originally designed to supply an EV factory, is now producing industrial energy storage batteries instead.

The broader EV sector is experiencing a slowdown, with companies like Ford Motor and General Motors scaling back their plans. The pause in AESC's projects signals a cautious approach to battery production, with key customers like Mercedes-Benz adjusting their U.S. EV output plans to match demand. The shift to energy storage batteries in South Carolina could benefit drone professionals who rely on reliable power sources for extended flights.

AESC's attempt to secure bank loans to complete the South Carolina plant suggests a potential path forward, though uncertainty lingers. The stalled projects underscore the delicate balance between innovation, policy, and economics in the EV industry, leaving stakeholders to watch closely as AESC reworks its plans.

The completed phase one construction of the largest solar-plus-storage project in the US by AES highlights the company's progress in renewable energy initiatives. This project, featuring 500 MW of solar and 500 MW/2,000 MWh of battery storage, demonstrates The's commitment to sustainable energy solutions.