Batteries: How Biden’s tariffs are • Table.Briefings

The battery of an electric car – overcapacity in this key technology is benefiting the energy transition.

US President Joe Biden is increasing tariffs on Chinese battery imports. This comes at an unfavorable time for Europe, as the tariffs could lead to even more imports from China, making the ramp-up of European battery factories even more difficult.

The US tariff increase on Chinese electric car batteries will likely shift Chinese exports to Europe. Last week, President Biden announced additional tariffs on Chinese electric car batteries, battery parts, electric vehicles and solar panels to counteract the flood of cheap Chinese overcapacities.

Batteries: How Biden’s tariffs are putting Europe’s industry under pressure

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