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Imola Automotive USA fails to build promised EV plants, leaving 45,000 jobs in jeopardy.
Imola Automotive USA, a startup promising 45,000 electric vehicle jobs and six plants in Georgia, Oklahoma, and Arkansas, has failed to start construction after 18 months.
CEO Rodney Henry, with no automotive background, has gone silent.
The company's delays and the recent "One Big Beautiful Bill" rollback of EV incentives highlight risks for economically distressed towns eager for new jobs.
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Imola Automotive USA no logra construir las plantas de vehículos eléctricos prometidas, dejando en peligro 45.000 empleos.