Rho Motion analysts attended the recent RE+ event in Las Vegas Nevada, the largest clean energy event in North America. RE+ is a pivotal opportunity to put the finger on the pulse of the US energy transition, and this year provided insights into investor sentiment and technology developments. Notable product launches from Tesla and e-STORAGE […]
> China is set to grow its global dominance in needle coke whilst investment into Western capacity stalls, threatening to leave automakers short of Inflation Reduction Act-compliant synthetic anode material. In 2024, China is forecast to produce 52% of the world’s supply in needle coke, a synthetic graphite anode material feedstock. This will grow to 68% […]
> Vulcan Energy Resources, an Australian DLE (direct lithium extraction) developer operating in Europe, has signed an eight-year offtake agreement with commodity trader Glencore. Under this agreement Glencore will take 40,000 tonnes of lithium hydroxide (35,200 tonnes LCE) over an eight-year period starting from when Vulcan Energy enters commercial production, towards the end of the decade. […]
> 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 […]
> 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 […]
> 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 […]
> 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 […]
> The US Department of Defense (DoD) has inked a multibillion-dollar partnership with MP Materials (MP), marking a pivotal moment in the evolution of global rare earth supply chains. As the first—and currently only—company with a fully integrated mine-to-magnet supply chain in North America, MP’s new “10X” facility is pivotal for reducing US strategic dependencies on […]