U.S. Battery Firms Expand in Key Demand Markets ...Middle East

Economy by : (OILPRICE) -
Trade uncertainty and tariffs are prompting America’s battery makers and battery material manufacturers to expand overseas to have production sites in the biggest demand centers now that clean energy isn’t a favorite with the U.S. Administration.      The trend has become evident in recent weeks, in which two U.S. battery companies have taken over production sites in South Korea and Europe, betting on being close to customers in markets favoring green technology and renewable energy expansion. First, it was California-based…

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