<div id="readability-page-1"><figure><img width="1600" height="901" src="https://imageproxy.pbkrs.com/https://electrek.co/wp-content/uploads/sites/3/2021/09/BlueOvalSK-Battery-Park_03.jpg/query-cXVhbGl0eT04MiZzdHJpcD1hbGwmdz0xNjAw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://electrek.co/wp-content/uploads/sites/3/2021/09/BlueOvalSK-Battery-Park_03.jpg/query-cXVhbGl0eT04MiZzdHJpcD1hbGwmdz0xNjAw"/><figcaption>The BlueOvalSK Battery Park is no more.</figcaption></figure><p>Businesses walked away from $5.1 billion in large-scale factories and clean energy projects in December alone – a stark finish to a year in which cancellations finally overtook new investment in the US clean energy sector. By the end of 2025, nearly $35 billion in clean energy investments had been canceled or downsized nationwide, taking more than 38,000 current and future jobs with them, according to new tracking from E2.</p><span id="more-454989"></span><h2 id="h-more-money-going-out-than-coming-in">More money going out than coming in</h2><p>For the first time since 2022, more clean energy investment left US communities than came in. Companies abandoned, closed, or downsized nearly $3 in clean energy projects for every $1 they announced in 2025 – a reversal that suggests capital is growing more cautious about building factories and supply chains in the US.</p><p>Companies did continue to announce new projects during the year, but the pace slowed as cancellations and downsizing accelerated.</p><h2 id="h-ev-and-battery-projects-lead-the-pullback">EV and battery projects lead the pullback</h2><p>Battery and EV projects drove much of the December pullback, a notable shift for sectors that have been at the center of the US manufacturing push over the past several years. SK On scrapped $2.8 billion in planned investment and about 3,300 jobs in Tennessee, while Ford canceled a manufacturing plant in Ohio as it continues to scale back and restructure its EV operations.</p></div>

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<p>Businesses abandoned $5.1 billion in clean energy projects in December 2025, marking a significant downturn in the US clean energy sector. By the end of 2025, nearly $35 billion in investments were canceled or downsized, resulting in the loss of over 38,000 jobs. For the first time since 2022, more clean energy investment left the US than entered, with a notable pullback in EV and battery projects, including SK On's $2.8 billion investment cancellation in Tennessee and Ford's manufacturing plant closure in Ohio.</p>

- The BlueOvalSK Battery Park has been abandoned, reflecting a broader trend of cancelled investments in the US clean energy sector.  
- In 2025, nearly $35 billion in clean energy investments were scrapped, resulting in the loss of over 38,000 jobs, as cancellations surpassed new project announcements.  
- Significant setbacks were seen in EV and battery initiatives, including SK On's $2.8 billion investment withdrawal in Tennessee and Ford's cancellation of a manufacturing facility in Ohio.

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$35B in US EV, clean energy projects vanished in 2025 – here’s what broke