In Feb 2026, affected by the sluggish demand for EV batteries, 7 out of 10 renovated North American battery factories adjusted their production layout to focus on the truck energy storage field. Taking New Energy as an example, it transformed its Canadian joint venture factory into an energy storage battery production hub, with plans to double its energy storage battery production capacity in 2026.

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The Largest R&D and Production Lithium Truck Battery Supplier in China