Technical FAQs 4

Will China impose a 145% tariff on lithium-ion batteries in 2025?

In 2025, US lithium-ion battery buyers face an unprecedented challenge: a sweeping 145% tariff on cells imported from China. As solar installers, EV manufacturers, and data-center operators wrestle with skyrocketing costs, finding reliable, cost-effective sources has never been more critical.

Will a new tax policy affect the lithium-ion battery market?

Another year of growth in the utility-scale storage market also marked a second consecutive year of record lows in the installed cost of lithium-ion batteries. However, trade actions and changes to tax policy have the potential to increase costs and dampen short-term growth.

What are energy storage procurement contracts?

Energy storage procurement contracts must also take into account the ever-evolving suite of laws and regulations applicable to energy storage projects, including as a result of the recent change in administration in the United States.

How much does a lithium-ion battery cost?

Lithium-Ion Battery Pack Prices See Largest Drop Since 2017, Falling to $115 per Kilowatt-Hour, BloombergNEF (Dec. 10, 2024) Id. Id. U.S. Storage Energy Monitor, Wood Mackenzie Power & Renewables/American Clean Power Association, at 3 (Dec. 2022).

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Global procurement of solar container lithium battery packs

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