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US battery startups have found a lifeline in defense
U.S. battery startups have been hit hard after the One Big Beautiful Bill stripped away battery and electric‑vehicle incentives, curtailing anticipated demand.
AI Summary
U.S. battery startups have been hit hard after the One Big Beautiful Bill stripped away battery and electric‑vehicle incentives, curtailing anticipated demand. The companies are now turning to the defense sector for new business, supplying power solutions for a range of military hardware. Their products are being used to energize drones, torpedoes, infantry radios and fighter jets, providing a critical source of revenue after the policy change. This shift to defense contracts offers a lifeline that could sustain the startups amid the loss of civilian market incentives.
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