U.S. battery makers plan to invest $100 billion in new factories by the end of the decade, a clean energy lobbying association said Tuesday.
The announcement by the American Clean Power Association shows how the industry is trying to tailor its message to President Donald Trump, who has politically attacked renewable energy. Flanked by two Republican lawmakers, the group’s chief executive, Jason Grumet, said the new investments would spur American manufacturing, establish a U.S. supply chain for batteries and create 350,000 jobs by 2030.
“The U.S. energy storage industry is committing over $100 billion of investment in the next five years to build and to buy American-made grid batteries,” Grumet said.
That will be a challenge. Batteries are among the fastest-growing technologies in the power sector, setting installation records in each of the last five years. But the industry is highly reliant on Chinese suppliers, leaving it vulnerable to Trump’s tariff blitz. Its challenges have been compounded by Trump’s pledge to repeal the clean energy tax credits established under the Inflation Reduction Act, the sweeping climate law passed in 2022.
