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EV factory shift to grid batteries as demand wanes
Markets
Bloomberg Technology
As electric‑vehicle demand softens, factories built for the EV boom are being repurposed to produce stationary storage batteries for the power grid. The transition is evident at TransGrid’s Atlas projects in Arizona, where contractor Qcells is using LG Energy Solution technology, though the market still depends on federal incentives and a supply chain partly tied to China.
Why it matters: Tech professionals in energy and manufacturing must track the pivot to grid storage, which reshapes supply chains and creates new opportunities for hardware and software solutions.
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