EconomyEV Bust Gives Battery Makers a New Boom in Grid Storage

Factories built to serve America’s electric-vehicle boom are getting a second life producing batteries for the power grid. As EV demand softens and electricity needs rise at data centers and new factories, battery makers are shifting to stationary storage. The market still depends on federal incentives and a supply chain partly tied to China. The change is evident at TransGrid’s Atlas projects in Arizona, where contractor Qcells is using LG Energy Solution…