Tag: EV Battery News
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EV Battery Industry Faces Challenges in the U.S. Despite $28 Billion in Support
Despite over $28 billion in public funding, the expected surge in U.S. electric-vehicle battery manufacturing has largely failed to materialize, with companies scaling back expansion plans and job creation falling short.
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Vietnam Advances Ambitious Battery Storage Plans
Vietnam has set targets of 10,000–16,300 MW of battery storage by 2030 under its revised power plan, while formalizing BESS in law and working on tariffs, licensing, and incentives to scale from pilot projects to commercial deployment.