Chinese authorities have announced that sodium-ion batteries will be exempt from consumption tax from September 2026 through the end of 2028, while lithium batteries will once again gradually face a 2% to 4% consumption tax. The new policy creates a 28-month "lithium-sodium tax gap" of about 2% to 4%, accelerating commercialization of sodium-ion batteries and drawing previously cautious downstream buyers into the market.
Driven by global net-zero commitments and China's "dual carbon" goals of peaking carbon emissions before achieving carbon neutrality, Inner Mongolia is rapidly transforming from a traditional resource-based economy into a strategic hub for renewable energy and AI computing infrastructure.
Elon Musk's ambitions across AI, robotics and space infrastructure are moving into a new phase following the unveiling of Terafab, an ambitious semiconductor manufacturing complex designed to secure the compute capacity required by Tesla, SpaceX and xAI.
US President Donald Trump said imports of polysilicon and related products threaten national security and ordered new trade measures aimed at lifting domestic production. The proclamation reflects a broader effort to reduce the US's reliance on foreign supply for solar manufacturing, semiconductors, and other advanced technologies.
