Chinese Billionaire Expands into US Energy Storage Market

Reported 4 months ago

Xiang Guangda's REPT BATTERO Energy Co. has opened its first US office in California, as the company seeks to tap into the growing US energy-storage market amid geopolitical tensions. Chairman Hui Cao aims for the US to contribute over 10% of the company's revenue, as they compete with major players like Tesla and navigate potential risks including increased tariffs on Chinese products.

Source: YAHOO

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