
A group of battery manufacturers launched the Battery Advocacy for Technology Transformation Coalition (BATT), which advocates for investments in the nation’s battery supply chain, particularly material sourcing and recycling efforts.
Members of the BATT Coalition
The coalition includes companies such as Xerion Advanced Battery Corp., Mitra Chem, Sicona Battery Technologies, Orbia Fluor & Energy Materials, Novalith, and NanoGraf Corp.
In a statement, Mitra Chem co-founder and CEO Vivas Kumar emphasized the need for the government to support the private sector with policies that lessen the industry’s reliance on China.
Eyeing the Expiration of a Legislation’s Provisions
The coalition sees the looming expiration of reforms in the Tax Cuts and Jobs Act as an opportunity to influence discussions.
When those provisions expire at the end of 2025, the coalition plans to advocate for multiple new policies, including boosting the Section 45X tax credit for battery components and materials from 10% to 25% and introducing sourcing mandates for the Section 45W and 45X tax credits. The coalition also wants to use tariff authorities to promote domestic production of components and materials.
Keeping Up with Battery Market Growth
The coalition expects a five- to ten-fold increase in the global lithium-ion battery market by 2030. However, China’s influence over that supply chain enables it to dictate prices, control access to critical materials, and limit competition.
The coalition recommended changes to Section 301 tariffs that stress lithium-ion battery electrolyte solvents and salts and raising rates above the current 25%.
Image Credit: Shutterstock.com / JLStock