The latest policy on energy storage battery exports to the united states

What are the tariffs affecting battery energy storage?

The tariffs affect a range of clean energy imports including EVs, solar PV, battery energy storage, and inputs for these. This briefing focuses on the tariffs affecting battery energy storage. Policy changes affecting the solar portion of the Section 301 tariffs are addressed in a separate briefing.

How will the Section 301 tariffs affect battery energy storage?

On May 14, 2024, U.S. President Biden and U.S. Trade Representative Katherine Tai announced changes to the Section 301 tariffs on Chinese products. The tariffs affect a range of clean energy imports including EVs, solar PV, battery energy storage, and inputs for these. This briefing focuses on the tariffs affecting battery energy storage.

Are grid batteries facing a 65% tariff?

Grid batteries are facing a roughly 65% tariff that could rise to more than 80% by next year—just as the U.S. was expected to see record expansion in adoption in battery storage. In February, the U.S. Energy Information Administration projected that 18.2 GW of utility-scale battery storage would be added to the United State’s energy grid in 2025.

Is the battery industry entering a new phase of development?

After years of investments, global battery manufacturing capacity reached 3 TWh in 2024, and the next five years could see another tripling of production capacity if all announced projects are built. These trends point to a battery industry entering a new phase of its development.

Which countries manufacture NMC batteries?

Korea and Japan are already major players in the global battery industry, home to key battery makers and specialised suppliers with strong expertise in NMC batteries. Both countries have limited domestic battery production but host established manufacturers with significant overseas investments.

What is the tariff on lithium ion battery imports?

As there is also a 3.4% general tariff on lithium-ion battery imports, the full tariff paid by importers will go from 10.9% to 28.4%. Lithium-ion battery modules, packs, and container blocks are generally categorized under the import code 8507.6020 if they are used for non-EV applications.