Press Release
Biden’s Chinese Battery Tariff Hike Could See US Manufacturers Like Dragonfly Energy Gain Ground
–News Direct–
By Faith Ashmore, Benzinga

While China currently dominates the global market for lithium-ion batteries, accounting for 80-90% of manufacturing, the U.S. is trying to break its dependence on Chinese batteries. In a significant move that will impact the industry, the Biden Administration has announced plans to triple the tariffs on batteries and battery parts imported from China into the United States. Currently set at 7.5%, these tariffs will be raised to 25% in the coming years.
This tariff increase follows the highly publicized Inflation Reduction Act, which was announced in August 2022 and allocated substantial funds to wind, solar and storage tax credits. The goal of this policy was to drive the construction of approximately 30GW/111GWh of energy storage capacity between 2022 and 2030. The implementation of these tax credits is expected to support the long-term growth of the energy storage industry.
According to a fact sheet released by the White House, the tariff rate for lithium-ion batteries used in electric vehicles (EVs) will increase to 25% in 2024. Similarly, the tariff rate for non-EV lithium-ion batteries will also rise to 25% in 2026. In addition to batteries, the tariff rate for battery parts will also be increased to 25% in 2024. Tariffs for natural graphite and permanent magnets, which are essential components in battery production, will also be raised from zero to 25% in 2026. Certain critical minerals used in the manufacturing process will face a tariff increase from zero to 25% in 2024. With this announcement, U.S.-made batteries could become more relevant than ever.
The Future Of Batteries Is Made In America: Dragonfly Energy Leads the Charge
Dragonfly Energy Holdings Corp. (NASDAQ: DFLI) is an established American lithium battery and technology company renowned for its deep-cycle lithium-ion batteries. The company uniquely designs and assembles its batteries in Nevada, distinguishing itself from competitors who predominantly rely on completely imported products. Through strategic research and development efforts, Dragonfly Energy is expanding its expertise beyond battery pack assembly and into full battery cell production in North America. This dedication to domestic production positions them to capitalize on the burgeoning U.S. lithium market.
Dragonfly's strength lies in its innovative, proprietary dry electrode manufacturing process. Independent evaluations, like the one by Sphere Energy, confirm its effectiveness. This cutting-edge approach ensures scalability and cost-efficiency and demonstrates a higher degree of sustainability compared to existing technologies. Specific advantages include the elimination of toxic NMP solvents, reduced factory space requirements, lower energy consumption during production, decreased carbon footprint and cost savings in manufacturing processes. These domestic production costs translate to significant savings compared to traditional overseas products, even before factoring in IRA tax credits and looming tariff hikes. The company's adaptable manufacturing process allows it to cater to diverse markets by offering cost-effective battery solutions for electric vehicles, consumer electronics and energy storage systems, solidifying its position as an industry leader in battery technology. Additionally, Dragonfly Energy licenses this technology, potentially accelerating the adoption of American-made batteries across various sectors.
With President Biden's restrictions on Chinese imports for non-EV batteries not coming into place until 2026, Dragonfly Energy has a significant window to scale cell manufacturing operations, eventually leading to an exclusively American-made product. This aligns with the national agenda of promoting domestic manufacturing and reducing reliance on China, making Dragonfly Energy a pivotal player in the U.S. quest for lithium battery independence.
Featured photo by Joshua Hoehne on Unsplash.
Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders.
This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice.
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View source version on newsdirect.com: https://newsdirect.com/news/bidens-chinese-battery-tariff-hike-could-see-us-manufacturers-like-dragonfly-energy-gain-ground-423080101
Benzinga
COMTEX_453434635/2655/2024-06-06T08:32:51
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Press Release
Sergey Baburov and the Coffee Navigator team to attend International Coffee Week in Trieste
Kazakhstan, 8th Sep 2026 – Sergey Baburov and the team behind the Coffee Navigator analytics platform plan to attend TriestEspresso Expo 2026, which will take place in Trieste, Italy, on October 21–23. The team will focus on the development of private-label coffee production and its impact on local market structures.

Sergey Baburov and the Coffee Navigator team
TriestEspresso Expo is an international B2B trade show dedicated to espresso and the coffee industry. Exhibitors include green coffee suppliers, roasting companies, equipment manufacturers, packaging providers, and service companies.
In 2026, the organizers will introduce private label as a dedicated area for the first time under the name Custom Coffee Industry. The section is designed to bring manufacturers together with buyers from retail, hospitality and foodservice, distribution, and e-commerce.
For Coffee Navigator, this segment is of particular interest as an indicator of market development. The team plans to examine contract manufacturing models, minimum order quantities, opportunities for custom recipe development and packaging, as well as differences in requirements across retail, HoReCa, and e-commerce channels.
The main objectives of the visit are to:
- study cooperation models between brand owners and contract manufacturers;
- compare product and packaging requirements across different sales channels;
- assess how contract manufacturing can make it easier to launch new coffee brands;
- collect data for further analysis of local coffee markets.
“Private label is often seen simply as another product category. What interests us more is what sits behind it: how easy it is for a company to launch a new product, how much of the process is handled by the manufacturer, and what different sales channels expect from suppliers. These details can reveal a great deal about how a market is structured and how developed it is,” says Sergey Baburov, founder of Coffee Navigator.
The team plans to compare the data collected at the exhibition with the indicators Coffee Navigator already uses to assess local markets. Following the visit, the company will prepare an analytical summary on the development of private label in the coffee industry and its potential impact on the emergence of new brands and the level of market competition.
Company Name: Coffee Navigator
Contact Person: Sergey Baburov
Email: pr@hydecoffee.kz
Phone: +77079429922
Website: https://hydecoffee.kz
Media Contact
Organization: Coffee Navigator
Contact Person: Sergey Baburov
Website: https://hydecoffee.kz
Email: Send Email
Country:Kazakhstan
Release id:48925
The post Sergey Baburov and the Coffee Navigator team to attend International Coffee Week in Trieste appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
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Press Release
BMC Advances Prime Growth Strategy PGS in Nigeria Under Babajide David Awolowo
Blue Meridian Capital (BMC) is advancing the Prime Growth Strategy (PGS) framework in Nigeria, with the initiative entering its live-market execution phase on 8 September. Led by Babajide David Awolowo, the framework focuses on high-frequency quantitative trading, direct market access and disciplined intraday execution as part of a broader approach to structured capital-market participation.
Nigeria, 8th Sep 2026 – As global investors continue to assess opportunities across emerging African markets, attention is increasingly turning towards the role of quantitative infrastructure in improving execution discipline and market participation. In Nigeria, the latest development of the Prime Growth Strategy (PGS) is bringing this discussion into sharper focus.

Led by Babajide David Awolowo, the framework entered its live-market execution phase on 8 September. Its underlying approach combines high-frequency quantitative trading models with DMA-based execution, using predefined rules and data-driven processes rather than relying primarily on discretionary market judgement.
At the centre of the framework is the analysis of short-term pricing movements and order-book conditions. The system is designed to process market data at high speed, analyse short-term pricing conditions and support execution decisions within predefined parameters. Positions are structured around intraday activity, with the framework designed to avoid carrying positions overnight.
This approach reflects a broader shift within institutional trading towards automated execution, where technology, market data and risk parameters play an increasingly important role in determining how capital is deployed.
Structured capital leverage is also incorporated into the PGS framework to support capital efficiency. Rather than treating leverage as a standalone return mechanism, the model combines it with systematic hedging processes, predefined exposure limits and systematic risk controls intended to manage downside exposure during trading activity.
Awolowo’s recent work has focused on the strategic application of institutional quantitative methods to Nigerian market conditions, including how data-driven execution, risk frameworks and market-access technologies may support more structured participation.
The framework also places emphasis on full-depth order-book data and rapid execution capabilities. These tools are intended to help identify short-lived market imbalances that may be difficult to capture through conventional manual trading processes.
According to the project’s underlying approach, the objective is not to depend on directional market forecasts, but to create a more systematic process around data analysis, execution discipline and risk management.
As technology becomes increasingly embedded in capital-market infrastructure, frameworks such as PGS illustrate how quantitative methods may contribute to a more structured form of market participation. The development also reflects growing interest in how established institutional trading concepts can be adapted to the operational characteristics of emerging financial markets.
About Blue Meridian Capital (BMC)
Blue Meridian Capital (BMC) is a UK-based asset management firm focused on institutional quantitative trading and structured market strategies. Its approach incorporates high-frequency quantitative models, direct market access infrastructure, API-based execution, structured capital management and systematic risk controls. BMC focuses on applying data-driven trading methodologies to different market environments while emphasising execution discipline, intraday positioning and technology-supported risk management. Through initiatives including Prime Growth Strategy (PGS), the firm explores how research, quantitative methods, investment discipline and technology-supported processes may contribute to more structured participation across global and emerging capital markets.
Media Contact
Organization: Blue Meridian Capital (BMC)
Contact Person: Amara Okeke
Website: https://bluemeridiancap.com/
Email: Send Email
Country:Nigeria
Release id:48919
The post BMC Advances Prime Growth Strategy PGS in Nigeria Under Babajide David Awolowo appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
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Press Release
The “Everlasting Battery” Inside Your Joints:UConn Professor’s Self-Powered Healing Material just Got Acquired
MINNEAPOLIS, MN, September 8th, 2026, FinanceWire
A material that turns your own movement into medicine has just landed a corporate home. PetVivo Holdings (OTCQX: PETV), a veterinary biotech and biomedical device company focused on treating osteoarthritis in dogs and horses, has acquired PiezoBioMembrane (PBM) — a startup built around a biodegradable implant that generates electricity from the everyday force of a joint in motion, and uses that charge to help regrow cartilage from the inside out. The material is the invention of Thanh Nguyen, a professor of mechanical engineering in UConn’s College of Engineering, who founded PBM in 2021 to advance new implementation methods for his work with piezoelectric materials — substances that convert mechanical force into electrical energy. These materials are typically ceramics: hard, brittle, and poorly suited for medical use. But Nguyen’s lab developed new forms that are so , flexible, and biodegradable, breaking down naturally within the body over time. wound healing, The materials have already shown strong potential across a range of medical applications, including tissue regeneration, implanted force sensors, and targeted drug delivery in tumor treatment. How It Works biodegradable ultrasound for In the case of arthritis, Nguyen explains, the piezoelectric materials function as an off-the-shelf product that can be implanted or injected directly into the ailing joint — with no drugs, chemicals, or cells required. The everyday force exerted on the joint generates a small electrical charge, which helps regrow healthy cartilage, mimicking the body’s natural use of electricity to regenerate tissue. “The body can be electrically stimulated to regrow,” Nguyen says. PBM’s materials “act like a battery — an everlasting battery that works whenever there is a force applied, and vanishes safely inside the body over time.” PetVivo’s Vision for the Acquisition PetVivo Holdings CEO John Lai expressed enthusiasm for the merger’s potential to improve the lives of companion animals globally. “PBM has developed a compelling functional biomaterials platform with the potential to support the development of multiple medical device and therapeutic product lines across both human and animal health markets,” Lai said in a press release. “By combining PBM’s scientific innovation with PetVivo’s product development capabilities, commercialization experience, regulatory expertise, and public company infrastructure, we believe we can accelerate theadvancement of technologies that may serve as the foundation for numerous future products and strategic opportunities.” For Nguyen, the deal is a chance to scale technology that could eventually benefit both animals and people. “PetVivo is an animal health company, but they do have a big passion: pushing the technology towards clinical trials for human use,” Nguyen says. “That aligned perfectly with my passion for developing technology that has an impact on human life. That is why I am excited about this merger, which facilitates my passion.” A Track Record of Innovation Nguyen’s research sits at the intersection of medicine, micro/nanotechnology, and biomaterials. His inventions have earned him publications in prominent scientific journals and media coverage from outlets including NPR. Nguyen founded PBM during the COVID-19 pandemic, a er realizing the material he had developed could be used to create an especially effective, biodegradable face mask — one where the mechanical force of breathing generated an electrical charge that provided an extra layer of protection against viruses. PBM is not Nguyen’s only venture in the acquisition pipeline. His other startup, Single-Time Microneedles (STM), is also currently undergoing an acquisition process. STM has pioneered stable, efficient vaccine delivery technology in the form of an adhesive patch. shelfNguyen’s focus on biodegradable materials has translated into a remarkably diverse range of medical applications. He has received five R01 grants from the National Institutes of Health (NIH) supporting research in cartilage regeneration, bone regeneration, HIV antibody delivery systems, and biodegradable ultrasound technology to boost the effectiveness of chemotherapy for brain cancer. “Whatever we are working on, we want to show that it works very well in vitro and in vivo,” Nguyen says. “Then, when we are at the point of commercialization, we set up a startup or license the technology — or maybe team up with an industry partner.” Thanh Nguyen is a professor of mechanical engineering in UConn’s College of Engineering. (Courtesy of Thanh Nguyen
Contact
Monica Brennan
New to The Street
Monica@NewtoTheStreet.com
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