General Motors (GM) and Samsung SDI have finalised their plans to build a US gigafactory through a joint venture in Indiana, US, demonstrating US automakers’ confidence in long-term electric vehicle (EV) demand despite a recent slowdown in growth. The deal further strengthens the US battery supply chain, where a surge of investment has supported efforts […]
> Vianode has signed a multi-billion dollar agreement to supply GM with Inflation Reduction Act-compliant synthetic graphite anode material from its planned production facility in North America. Vianode’s plant will likely be built in Ontario, Canada, though an official location has yet to be announced. The company says production will begin in 2027. The supply agreement […]
> StarPlus Energy, a joint venture between Stellantis and Samsung SDI, has received a conditional loan of $7.54 billion from the US Department of Energy (DoE) to help finance the development of two gigafactories in Indiana. The investment supports a trend of South Korean battery players driving US battery production. “Despite a global slowdown in battery […]
> Lithium chemical prices spiked in China on Monday following a bullish speech by the chairman of Ganfeng – the world’s third-largest lithium producer – in which it was suggested that lithium demand growth could reach 30% in 2026. In a keynote speech on 16 November at the 10th International Summit on Power Battery Application in […]
> 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 […]
> Escalating unrest in Mali, as jihadi groups target fuel convoys around the capital Bamako, has led several governments including France and the US to advise their citizens to leave the country. The attacks have created fuel shortages, and raised serious concerns around the military government’s ability to maintain its rule in the country. Mali is […]
> General Motors has resolved production issues at its Ultium battery joint venture, Kurt Kelty, vice president of batteries at the Detroit automaker, told Benchmark Source. The company’s Ultium partnership with Korea’s LG Energy Solution suffered issues in assembling battery modules but they have now been resolved, he said. “The production issues are behind us,” he […]
> Samsung SDI will supply Hyundai Motor with high nickel electric vehicle (EV) batteries for seven years starting from 2026, the first ever partnership in the EV space between the two South Korean companies. The prismatic battery cells will be made at Samsung’s factory in Hungary, forecast to supply 16.9% of Europe’s total cell supply in […]
> India’s pipeline of cathode active material (CAM) production capacity is set to grow more than 50-fold over the next decade. Altmin, Himadri Speciality Chemical, and Epsilon Advanced Materials have the largest pipeline capacities in the country. Almost all CAM capacity under development in India is for LFP, both due to the popularity of the cathode […]