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.
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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
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Press Release
Avon River Ventures Clarifies Forward-Looking Valuation Basis of Edgewater Wireless System Inc’s IP Portfolio
Industry-Leading IP Valuation Firm Highlights Key Assumptions Behind Its Assessment
Las Vegas, NV, 6th March 2025, ZEX PR WIRE, Avon River Ventures LLC, a recognized leader in intellectual property (IP) valuation, structured finance, and asset-backed lending, today provides further clarity on its valuation of Edgewater Wireless Systems Inc (TSXV: YFI) (OTC: KPIFF). The firm underscores that the valuation was not an appraisal of Edgewater’s current financial standing but rather an assessment of its potential value contingent upon achieving key commercial and operational milestones.
Valuing early-stage and technology-driven companies requires a forward-looking approach that accounts for commercialization potential, competitive positioning, and scalability. Unlike traditional financial assessments that rely on historical earnings, IP valuations must incorporate projections based on market adoption, monetization potential, and strategic execution.
A Valuation Built on Market and Cost-Based Assumptions
“Intellectual property valuation is as much about potential as it is about present-day financials. For early-stage companies with limited or no revenue, the intrinsic value of their IP can only be understood through a structured assessment of future market opportunities,” said Krutarth Shah, CEO of Avon River Ventures, speaking on behalf of the firm’s IP Monetization Division.
“At Avon River Ventures, we evaluate IP assets through a structured, milestone-driven approach. This means our valuations incorporate assumptions around how the company will commercialize its technology, capture market share, and generate sustainable revenue.
In the case of Edgewater Wireless, our valuation was not based on the company’s current financials but rather on a projection of its potential worth once key inflection points are met. These include achieving meaningful revenue traction, demonstrating sustained market demand, and successfully scaling operations. If these milestones are achieved, the valuation holds. If they are not, then naturally, the valuation must be reassessed in light of actual performance.”
Avon River Ventures: A Market Leader in IP Valuation
Avon River Ventures is widely regarded as a top-tier firm in the field of IP valuation and monetization. The firm’s valuation methodologies are built on rigorous financial modeling, market-based comparables, and proprietary frameworks that align with industry best practices.
With years of experience and a track record of over $1 billion in IP valuation transactional value, Avon River Ventures has been a trusted partner to institutional investors, private equity firms, technology companies, and M&A professionals, offering investment-grade IP valuations that inform financing, acquisitions, and strategic decision-making. The firm’s expertise spans technology, software, semiconductors, biotech, and other IP-intensive industries, ensuring that clients receive valuation insights grounded in real-world commercialization pathways.
Avon River Ventures remains committed to delivering independent, data-driven valuations that stand up to the highest levels of scrutiny. As Edgewater Wireless progresses in its commercialization efforts, Avon River Ventures will continue to monitor its trajectory against the milestones outlined in the valuation framework.
About Avon River Ventures
Avon River Ventures LLC is a premier corporate credit fund and IP valuation firm specializing in structured finance, asset-backed lending, and securities-based transactions. With a focus on IP monetization, venture financing, and capital markets, Avon River Ventures provides valuation and financial structuring expertise to a global client base, including institutional investors, private equity funds, and technology companies.
The firm’s approach to IP valuation is recognized and relied upon by top-tier investors, lenders, and M&A professionals, offering a blend of technical rigor and real-world investment insights that help stakeholders make informed financial decisions.
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IP-Backed Financing: https://avonriverventures.com/ip-backed-financing/
Sell Patents (IP Sale & Monetization): https://avonriverventures.com/sell-patents/
IP Valuation: https://avonriverventures.com/intellectual-property-ip-valuation/
Corporate Credit: https://avonriverventures.com/about-us/
Specialty Lender Financing: https://avonriverventures.com/lender-finance/
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In a significant development, Burwick Law has announced that it is pursuing legal action on behalf of investors in pump.fun memecoins. This class-action lawsuit has sent shockwaves throughout the cryptocurrency market, raising important questions about the regulatory status of memecoins and their treatment under securities law.
The Lawsuit: A Closer Look
The lawsuit alleges that the creators and promoters of pump.fun memecoins engaged in fraudulent activities, including pump-and-dump schemes, to artificially inflate the value of these digital assets. The plaintiffs claim that they suffered significant losses as a result of these actions.
The lawsuit is noteworthy not only for the alleged wrongdoing but also for its potential implications for the broader cryptocurrency market. If the court determines that memecoins are securities, it would set a significant precedent for the industry.
A Landmark Case for the Crypto Industry
The significance of this lawsuit extends far beyond the individual plaintiffs. A ruling that memecoins are securities would have far-reaching implications for the entire cryptocurrency market. It would mean that these digital assets would be subject to the same regulatory requirements as traditional securities, including disclosure and registration requirements.
This would be a major development, as the US Securities and Exchange Commission (SEC) has struggled to effectively regulate the cryptocurrency market. A clear ruling on the status of memecoins would provide much-needed clarity and help to fill the regulatory gap.
Recognizing Memecoins as Securities: A Game-Changer
Recognizing memecoins as securities would be a significant step forward for the cryptocurrency market. It would provide a clear framework for the creation, promotion, and trading of these digital assets. It would also help to protect investors from fraudulent activities and ensure that they have access to accurate and timely information.
Moreover, a clear regulatory framework would help to promote the development of crypto assets in a more compliant and transparent direction. It would encourage innovation and growth while ensuring that the market operates in a fair and orderly manner.
A Call for Clear Regulatory Boundaries
As the cryptocurrency market continues to evolve and grow, it is essential that we establish clear regulatory boundaries. This lawsuit highlights the need for a comprehensive framework that addresses the unique characteristics of digital assets.
We urge regulators to take a proactive approach to addressing the regulatory gap and providing clarity on the status of memecoins and other digital assets. By doing so, we can promote a more compliant and transparent market that benefits investors, innovators, and the broader economy.
Follow Burwick Law on X – https://x.com/BurwickLaw
Visit Burwick Law Website – https://www.burwick.law/newclient
Email – josonshaly@protonmail.com
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Australia, 6th Mar 2025, –
The World’s Best Magazine has announced that nominations are now open for the 2025 The World’s Best Book Awards. This prestigious event honours books that stand out for their originality, literary excellence, and creative storytelling. Authors, publishers, and literary professionals are invited to submit their works for consideration in various award categories that celebrate outstanding contributions to literature.
Books nominated for The World’s Best Book Awards will be evaluated based on criteria such as originality, quality, relevance, creativity, structure & cohesion, emotional depth, and impact. These awards aim to recognise works that demonstrate exceptional creativity, narrative excellence, and the ability to inspire readers, offering a platform to celebrate books that make a lasting impact on culture, society, and the literary world.
Book of Excellence winners are announced throughout the year, setting a high standard for literary achievement. These winning books automatically qualify for the annual awards and are shortlisted for the ultimate Book of the Year title. The Book of the Year winner, selected through a popular vote, will be announced in the early months of the following year, marking the culmination of the awards.
Winners of The World’s Best Book Awards will receive featured coverage in both the print and digital editions of The World’s Best Magazine, a digital badge for promotional use, and extensive exposure through our newsletter and social media channels. Additionally, winning books will be showcased in a global database that receives 527 million searches daily, connecting with 24,000 publishers, tens of thousands of libraries (90% of the world’s total), and 250,000 publications. This database offers exceptional visibility for award-winning books.
The Book of the Year winner will also enjoy a prominent front cover feature in one print and digital edition of The World’s Best Magazine or in another participating platform’s magazine.
Nominations are open year-round where all Book of Excellence winners until the 31st of December are eligible to compete for the current year’s Book of the Year title. Authors, publishers, and representatives are encouraged to submit their books via the official website here.
This is a unique opportunity for authors to gain global recognition for their work and connect with readers, industry professionals, and literary enthusiasts worldwide.
For more details on the nomination process and submission guidelines, please visit the official page of The World’s Best Book Awards.
About The World’s Best Magazine
The World’s Best Magazine is a premier publication dedicated to showcasing the finest in literature, culture, and innovation. It highlights the achievements of thought leaders, writers, and creators from around the world, with a mission to celebrate and uplift exceptional works in every field.
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Avon River Ventures Clarifies Forward-Looking Valuation Basis of Edgewater Wireless System Inc’s IP Portfolio
Burwick Law Takes on Pump.fun Memecoins: A Landmark Lawsuit for the Crypto Industry
Nominations Now Open for The World’s Best Book Awards 2025
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