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And with nearly all battery cells used in US utility-scale storage projects in 2024 coming from China, Wood Mackenzie said the combination of high tariffs on China and US dependence on imports from that country could see cost increases “anywhere from 12% to more than 50% for utility. . And with nearly all battery cells used in US utility-scale storage projects in 2024 coming from China, Wood Mackenzie said the combination of high tariffs on China and US dependence on imports from that country could see cost increases “anywhere from 12% to more than 50% for utility. . The low per-kilogram prices may stem from China's export of heavier BESS batteries to the United States—or anti-competitive tactics meant to oust US, Korean, and Japanese manufacturers in a militarily relevant technology. Given batteries' dual-use potential and domestic production prospects, the. . At the beginning of 2025, important countries and territories to consider for battery tariffs included Japan (Panasonic), Korea (Samsung/LG), the EU, Turkey (Pomega), South Africa (Polarium), India, Malaysia (EVE), Thailand (Gotion), and Indonesia (CATL). For a rundown of the global playing field. . These tariffs directly impact lithium-ion batteries' cost, supply chain, and competitiveness, essential for electric vehicles (EVs), renewable energy storage, and consumer electronics. This article comprehensively analyses U. 5% to 25%, eventually climbing to a combined rate of 58% by 2025. This sharp escalation has led to higher. .
