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Imported LFP battery cells from China could be cheaper than US-made products even after tariff hikes
While all lithium iron phosphate (LFP) battery cell supplies to the US currently come exclusively from China, local players are ramping up to start supplying the market from 2026 onwards. Different outcomes are on the table depending on the tariffs applied.
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Global energy storage market: H1 2024 installation figures
Policy mandates in China have driven the global energy storage market in the first half of 2024 to new highs, backed by the rapid growth in the US market. Meanwhile, Europe posted mixed results. Robin Song, InfoLink Consulting’s energy storage analyst, breaks down the figures.
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