In 2022, lithium battery shortages for electric vehicles (EVs) and energy storage reached a peak. Tesla CEO Elon Musk urged global investment in lithium refining, calling it a “money printer” and touting guaranteed profits for those who entered the market.

To drive continued growth in the telecom business, Far EasTone (FET) not only announced a new organizational structure but also outlined three key strategies for 2025: enhancing efficiency through mergers, empowering AI capabilities, and expanding its digital service footprint. These initiatives aim to lead the company’s operations to greater success.

Since President Donald Trump took office, his tariff policies have undergone significant fluctuations, with the latest adjustment raising the tariff on Chinese imports to 20%. The move, which comes amid ongoing tensions over China’s inability to curb the flow of illegal drugs into the US, has prompted a swift migration of the electronic paper supply chain out of China as companies seek to mitigate the impact of rising costs.

It is becoming increasingly difficult for Chinese lithium battery manufacturers to navigate the constant changes to US tariff policy made by US President Donald Trump. These policy shifts are also complicating component procurement for American energy storage system (ESS) vendors as well.