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2026-10-26 05:35:04 UTC

Fiat News 💵📰 on Nostr: U.S. demand for electric vehicles is softening, and Bloomberg reports the current ...

U.S. demand for electric vehicles is softening, and Bloomberg reports the current U.S. administration is not prioritizing EV support — a shift that is altering battery makers’ strategies. Producers that had focused on smaller battery packs for cars are increasingly turning to larger, utility-scale battery systems to store electricity from wind and solar farms.

These larger batteries can absorb and release energy to smooth out supply fluctuations from intermittent renewables, effectively pairing storage capacity with wind and solar generation. The pivot could support the growth of renewable projects by improving grid reliability even as EV uptake slows.

The development illustrates a reallocation of battery manufacturing capacity toward grid-scale storage solutions amid changing policy and market dynamics. #EVs #BatteryStorage #Renewables #Solar #Wind #FiatNews