‘Bad for energy transition’: Industry reacts to US’ new tariffs on China’s batteries

The US has decided to increase tariffs on batteries and battery components from China to boost and protect its clean energy industry. This decision will significantly impact the prices and availability of lithium iron phosphate (LFP) cells for battery energy storage systems. Various industry experts and companies have shared their perspectives on the potential negative consequences of these tariffs on the energy transition. Despite the tariffs, the US is expected to continue importing batteries from China due to their competitive prices and advanced technology. Both the US and Europe are taking steps to reduce reliance on Chinese battery imports by implementing domestic supply requirements and incentives.

Source:

https://www.energy-storage.news/bad-for-energy-transition-industry-reacts-to-us-new-tariffs-on-chinas-batteries/

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