Lyten’s Chief Sustainability Officer Keith Norman explained, Lyten is “a hard tech company that needs to build a lot of infrastructure… The building of physical factories, those materials, the infrastructure to do that, the equipment to do that, a lot of that is coming through international trade.” Norman added, “The reality is the energy transition is a manufacturing transition… There’s nothing in the energy transition that doesn’t require pretty significant investments in manufacturing and build out.” This means that the Trump administration’s tariffs will likely make the expansion of U.S. manufacturing operations more expensive and complicated. 

While the high costs of imports could encourage U.S. companies to expand their lithium-ion battery production capacity, the high costs associated with construction and other sectors could also deter companies from increasing their manufacturing capacity. Meanwhile, many energy companies are likely to pause imports of battery storage units as they assess the spending increase required to achieve their grid plans. 

https://oilprice.com/Energy/Energy-General/Trump-Tariffs-Could-Hit-...