Sweden’s Northvolt has picked Quebec for its first battery gigafactory in North America, securing a site close to local supplies of lithium that will also use hydropower to lower the carbon footprint of battery production. The $5 billion plant will initially produce 30 gigawatt hours of cells and cathode materials starting in 2026, ramping up […]
> 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 […]
> Once heralded as Europe’s best shot at competing in the global battery industry, Northvolt has filed for bankruptcy in Sweden. This follows its bankruptcy filing in the US last November. Northvolt’s hopes at securing further investment to support its operations fell through on Wednesday, following the company’s struggles to ramp up production at its gigafactory […]
> 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 hosted its inaugural Giga Africa event in Marrakesh, Morocco in September, featuring delegates from across the battery supply chain. Over the many conversations and discussions held about Africa’s place in the global battery supply chain, several key themes emerged: Explore these topics in the words of Giga Africa’s expert speakers and panellists.
> Although President Trump’s first weeks in office have seen much talk around imposing tariffs on imports from all countries including Canada and Mexico, it could be that this Administration will need to firm up relationships with friendly nations if it is to compete with China in key sectors. Friendshoring and international investment could be key […]
> Black mass markets in Q3 2025 were largely shaped by China’s lifting of import restrictions on 1 August, which re‑routed trade flows. Outside of China, this has created a two-tier market divided by compliance with Chinese custom’s quality controls. Compliant material commanded high premiums (79%–84%), while producers of non‑compliant batches struggled to clear material, trading […]
> Swedish battery company Northvolt has filed for bankruptcy in the US, in a setback for Europe’s ambitions to compete with the largest Asian producers of lithium ion batteries for electric vehicles. The company’s co-founder and chief executive Peter Carlsson will also step down from the struggling battery maker, it said. The news highlights the difficulty […]
> 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 […]