Sodium ion battery production is set to accelerate as some automakers look to capitalise on the potentially lower costs compared to lithium ion batteries. While lithium ion batteries use graphite anode materials, sodium ion batteries require hard carbon anodes instead. But announcements for the production of such anodes are lagging behind those of sodium ion […]
> 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 […]
> A lack of established manufacturers threaten the security of sodium ion battery supply, according to Benchmark’s Sodium ion Battery Forecast. Currently, there are only three Tier 1 manufacturers: BYD, CATL, and Farasis Energy. All three also manufacture lithium ion batteries. In contrast, there are 43 Tier 2 and 3 manufacturers, Benchmark data shows. “While the […]
> 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. […]
> Following the conclusion of a formal public consultation, Benchmark Mineral Intelligence is modifying the specification of its high energy anode material grades to include a minimum charging rate, relevant for EV applications. This modification to the methodology for two of the existing grades in the Benchmark Anode Price Assessment begins from 15 October 2025. Two […]
> 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 […]
> 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 […]
> Benchmark Mineral Intelligence is pleased to announce the launch of its new Sodium ion Market Assessment which provides a comprehensive view of the current, and forecasted sodium ion capacity pipeline, on a factory-by-factory level. By assessing capacity build out at three stages of the supply chain, cathode, anode, and cell, Benchmark provides unique insight into a […]