U.S. Tariffs on China's Energy Storage Soared to 82.4 Percent, How Can Chinese Lithium Battery Companies Break Through?

The United States recently announced that it would impose high tariffs on energy storage products exported from China, with the tax rate soaring to 82.4%, forming a precise impact on China's energy storage industry chain. The U.S. tariff adjustment is directed at lithium-ion batteries, the main force of China's energy storage exports. As the world's largest producer of lithium-ion batteries, in order to cope with the challenges, Chinese companies are making every effort to defuse tariff pressure and consolidate international competitiveness through technological upgrading, global production capacity layout and market diversification strategies. Leading companies are accelerating the technological iteration of high-nickel ternary lithium-ion batteries and lithium iron phosphate (LFP) batteries to hedge the impact of tariffs.