What the news says
The high dependence on the Chinese supply chain in the battery energy storage sector is directly related to the development of renewable energy (solar and wind) in the US. This supply concentration could affect long-term energy policy decisions, infrastructure investment directions, and energy prices, while also linking to concerns about economic security and strategic independence between the two countries.
07/19, 11:02 PM
Chinese suppliers control about 90% of the U.S. energy-storage market, raising U.S. concerns about overreliance on a strategic rival.
Chinese suppliers control about 90% of the U.S. energy-storage market, raising U.S. concerns about overreliance on a strategic rival.
Affected assets
wsj-business
07/19, 11:02 PM
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