As the battery landscape in India continually evolves, the government is looking to support domestic production reducing the country’s dependence on imports. The Indian government has passed its Finance Bill marking the final stage of implementing the Union Budget 2025. Notably the Finance Bill includes a clause that ends the import duty for goods and […]
> The future of how markets evolve is largely dependent on research and development (R&D). It drives innovation, competitiveness, and long-term growth. Within the automotive market, the role of R&D has gained increasing importance in recent years as the industry electrifies. When looking at the data of how much automakers invest in R&D there are large […]
> 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 […]
> Europe’s electric vehicles (EV) sales have had a strong start to the year, growing 21% in Q1 2025 compared to the same period in 2024. Notably, this growth has not been reflected in France’s EV market, which is down over 18% in the same period according to Rho Motion’s EV Sales Database. This makes it […]
> Indonesia has issued a ban on the issuance of new smelter permits for nickel matte, mixed hydroxide precipitate (MHP), and nickel pig iron (NPI), in a bid to curb overcapacity and incentivise value‑added investment in the battery supply chain. The policy marks the latest chapter in the Indonesian government’s strategic pivot in its nickel industrialisation […]
> 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 […]
> In the season of Q3 result releases, battery manufacturer CATL has reported record financial performance. Cumulative revenue from Q1–Q3 rose from RMB259bn ($36bn) in 2024 to RMB283bn ($39.3bn) in 2025, a year‑on‑year increase of 9%. Net profit also rose 41% between Q3 2024 and Q3 2025, from RMB13.14bn ($1.87bn) to RMB18.55bn ($2.58bn). Efficiency gains underpin profit growth Increasing efficiency has […]
> Benchmark Mineral Intelligence today announced the commercial launch of its new 314Ah lithium iron phosphate (LFP) cell price for energy storage applications. The announcement comes as global LFP battery cell prices show signs of recovery, following a marked rebound in lithium carbonate costs and tightening supply conditions across the battery materials market. Benchmark’s Head of […]
> The global 2 & 3-wheeler market is expected to move back into growth in coming years with the Indian market showing the fastest growth of any region. This trend aligns with the recent surge in the country’s IPO market, and reflects trends previously seen in the China market. The 2 & 3-wheeler market after shrinking […]