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EV slowdown creates potential lifeline for US energy storage amid FEOC, tariffs

Foreign entity of concern (FEOC) restrictions and the scheduled Section 301 tariff increase to 25% on Chinese-origin battery energy storage systems (BESS) went into effect on 1 January 2026.

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NeoVolta, PotisEdge, Longi form JV for Georgia battery pack and BESS manufacturing facility

San Diego-based home battery storage company NeoVolta has formed NeoVolta Power, a joint venture (JV) to develop a US battery energy storage system (BESS) manufacturing platform in Pendergrass, Georgia.

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