The European Union has announced it intends to impose additional duties of up to 38.1% on imports of battery electric vehicles from China. These are on top of the existing 10% tariffs currently in place. This marks the latest geopolitical escalation in China-West relations in the EV supply chain, after the US imposed 100% tariffs […]
> BYD has unveiled its latest grid-scale battery energy storage system (BESS), named Haohan, with a capacity of 14.5MWh and powered by a new 2,710Ah blade cell. The launch marks a step-change in scale for lithium iron phosphate (LFP) storage technology, though the size of both the cell and the system raise questions over practical deployment […]
> 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 […]
> G7 nations and the European Union (EU) are reportedly examining a proposal to introduce price floors for rare earth elements, as they seek measures to reduce strategic vulnerabilities and break China’s dominance over the supply chain. China has built a monopoly on global rare earth production and accounts for 91% of global refined rare earth […]
> Confirmation last week that the Trump administration’s Section 232 tariffs on copper imports will not apply to copper cathode sent the copper market into a state of disarray, causing the arbitrage between the LME/CME cash prices to all-but disappear instantly and the CME price to shed 21%. The announcement took the market by surprise as […]
> US battery electric (BEV) & plug-in hybrid (PHEV) sales hit record highs in August and September 2025 as consumers rushed to purchase vehicles before the federal tax credit expired. The New Clean Vehicle Credit (30D) and Qualified Commercial Clean Vehicle Credit (45W) were both eliminated on 30 September 2025, following changes introduced in the One, […]
> 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 […]