In 2024, companies developing new battery technologies began transitioning from development to commercial deployment in earnest across the world, especially in China. Production of solid-state and sodium ion cells has exceeded demand in 2024 and in the near term, as producers ramp up facilities in anticipation of demand growth in the mid- to long-term, according […]
> Benchmark Mineral Intelligence, specialising in battery supply chain research and insights, reports that 12.7GWh of new operational capacity entered operation in October 2025. Operational Capacity The grid-scale BESS market saw 12.7GWh of new capacity enter operations globally in October 2025, a y-o-y increase of 29%. China led new operational capacity with just under 8.8GWh of […]
> In the third quarter of 2025, 18 of the largest 25 copper miners reported quarter-on-quarter decreases in their output, including the top four miners. The total Q3 copper production reported by the top 25 miners hit 3.72Mt. “In the third quarter, many companies saw lower production compared to the previous quarter. However, most did not […]
> Benchmark Mineral Intelligence, specialising in EV supply chain research and insights, reports that 1.9 million electric vehicles were sold globally in October 2025. Rho Motion Data Manager, Charles Lester, commented: “Global EV sales reach 1.9 million units in October 2025, marking a 23% increase year-to-date. Europe led regional growth with a 36% year-on-year increase, driven […]
> The next-generation battery landscape has progressed from start-up to scale-up, with more than 250GWh of pipeline capacity expected to be installed by the end of 2025 across a variety of emerging technologies, according to Benchmark’s New Technology Service. China has a dominant position in the two most developed of these technologies: sodium ion and solid-state. […]
> Benchmark Week 2025 kicked off in LA on Tuesday, with policy makers, industry leaders, and experts from Benchmark discussing the key topics impacting energy transition supply chains in 2025. From across the first day’s sessions three key takeaways emerged: 1. Supply chains are a national security priority now more than ever “These are not just […]
> Since January 2025, 108GWh of LFP production capacity has been announced in North America through to 2030, bringing the total to 281GWh. These announcements have been driven by the increasing importance of the BESS industry in the US, as tax credits for EVs have been phased out. How is future capacity changing? The new capacity […]
> Benchmark has tracked over $50 billion of energy transition funding, throughout 2025 in its Energy Transition Capital database, with the largest share allocated to the battery supply chain. The role of debt, grants, and equity Debt The EV, battery, and battery materials markets have matured rapidly over the past few years. As a result, debt is playing an increasingly […]
> The European Union’s recent Industrial Action Plan for the European automotive sector placed a strong focus on the role next-generation battery technologies can play in making the bloc internationally competitive in the space. Between 2025 and 2027, €350 million ($377 million) will be invested into next-generation technology and recycling innovation through the BATT4EU partnership programme. […]