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Wed, Jul 23

NEWS: Battery Makers in Slumping EV Business Find Lifeline Elsewhere

With EV sales cooling, major battery manufacturers are turning to utility-scale storage projects to keep factories humming and tap into surging grid demand. (WSJ)

  • Tesla’s storage revenue jumped 67% last year to $4B, while GM, LG, and others are fast-tracking stationary battery plans to serve AI-powered data centers, solar developers, and utilities facing reliability crunches.

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