​The US and China Have Significantly Reduced Their Energy Storage Tariffs, and The Energy Storage Industry is Facing a Reshaping of The Global Competitive Landscape!

On May 12, 2025, China and the United States announced an agreement to significantly reduce the tariff on two-way energy storage products to below 5%. Although this tariff reduction will only last for 90 days (until August 12, 2025), it will instantly ignite the global energy storage market, especially for energy storage battery manufacturers and energy storage system integrators. Due to the sharp drop in tax rates, the export cost of China's energy storage system has dropped sharply. It is expected that China's Chuaneng enterprises will usher in an export climax in May and June 2025. In order to take advantage of the 90-day window period, it will usher in a short-term surge in exports!