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U.S. Rural Electricity Investment of $11 Billion China’s LEP Battery Benefits Korea ‘Regression’ It is expected that a large number of iron-based LEP battery storage devices developed and mass-produced by China will enter the U.S. Rural Electric Union with an 11 billion dollar subsidy, and the Korean battery industry will be pushed out. US President Biden signed a subsidy of $11 billion on the 1..

As inexpensive sodium batteries are mass-produced, they are applied to small-size batteries, and China's CATL announced that it will mass-produce 'lithium-sodium mixed battery packs'. The New York Times reported on the 16th that at the Shanghai Auto Show next week, automakers and battery producers will announce sodium battery plans for a limited range of small cars in the Chinese market. Sodium ..