"Donald Trump will preside over a near-doubling of U.S. battery manufacturing capacity for EVs in 2025. His policies will help to determine if the new plants succeed."
"Ten new electric vehicle battery factories are on track to go online this year in the United States.
This includes large plants from global battery giants such as Panasonic, Samsung and SK On, and automakers such as Ford, Honda, Hyundai, Stellantis and Toyota.
If they all open in 2025, the country’s EV battery manufacturing capacity is poised to grow to 421.5 gigawatt-hours per year, an increase of 90 percent from the end of 2024, according to Benchmark Mineral Intelligence, the United Kingdom-based research firm.
But this industry is seeing some storm clouds. The Trump administration is taking steps that would reduce demand for EVs. And two battery startups—Kore Power and Freyr—recently canceled plans for new U.S. factories."
Dan Gearino reports for Inside Climate News February 20, 2025.
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