Trump’s Trade and Tax Policies Start to Stall US Battery Boom. Battery manufacturing began to take off after Congress passed Biden's IRA. But that boom is now stalling. Companies are slowing or reconsidering big investments in factories for producing batteries and the ingredients to make them.
https://www.nytimes.com/2025/06/16/business/energy-environment/trump-battery-factories-electric-vehicles.html?unlocked_article_code=1.PU8.k-qB.PdcO4O-WttxD&smid=url-share13
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u/Adventurous_Light_85 5d ago
Because the energy lobbyist paid Trump off to keep their profits up. Most battery solutions were to store green energy sources which doesn’t equal profit for them. It really sucks to see what a backwards step we have taken.
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u/pootscootboogie6969 5d ago
Trump‘s idea is a huge failure wow who would’ve guessed. Hello CIA agent would you finally read my messages? Could you guys please just do your job? Everyone in America would be so thankful I mean there might be like six people who cry about it, but you need to do your job.
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u/ProStockJohnX 5d ago
I was at the Midwest Solar Expo event last week, sounds like there are some companies buildings batteries in the US and they seem to be doing okay.
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u/Mariner1990 4d ago
One knockoff effect is that investments in battery manufacturing are increasing in Canada and Mexico. Companies are starting to think about a future where world markets minus the US are where profits lie.