North America is now the growth leader for new battery factories

North America is now the growth leader for new battery factories

Wednesday, May 31, 2023

North America became the fastest-growing regional market for planned new battery cell manufacturing factories by the end of 2022, according to a new report released today.

Clean Energy Associates’ (CEA) “Energy Storage System Supplier Market Intelligence Report” asserts that the incentives offered by the Biden administration’s Inflation Reduction Act (IRA) are the catalyst for the surge of the number of North American battery factories.

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