Chinese Billionaire Expands into US Energy Storage Market

Reported 29 days 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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