Tesla has begun using a new homegrown battery cell in its electric vehicles as chief executive Elon Musk said global supply chain shortages will likely move from semiconductors to battery cells. Tesla’s large-format 4680 cells are being installed in some Model Y midsize SUV produced in Texas, Musk said on Wednesday, with the hope that […]
> 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 […]
> Prices for lithium iron phosphate (LFP) battery cells in China rose above high-nickel cells for the first time since January 2021 last month, due to a rapid increase in the price of lithium carbonate, temporarily eroding the cost advantages of the battery technology. Prismatic LFP cell prices in China were 2% higher than prismatic NCM811 […]
> BYD’s European electric vehicle (EV) sales in the first half of this year jumped more than five-fold compared to the same period last year according to Rho Motion’s EV & Battery Database. Over the same period, Tesla’s vehicle sales in Europe fell 28%. As a result, BYD is fast approaching Tesla in terms of unit […]
> 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 […]
> Sharp price rises and supply shortages for non-active materials used in lithium ion cells are adding pressure to battery manufacturers already facing a rise in battery raw material prices. Prices for binder and separator materials, and solvents, began trending upwards in late-2020 and have since seen sustained higher prices and constrained supply, with expansions limited […]
> The EV industry has experienced remarkable growth far beyond what many envisioned a decade ago. In 2024, total EV sales surpassed 17 million units worldwide, marking a 25% year-on-year increase. As the market expanded, new EV companies emerged and rapidly scaled into multibillion-dollar enterprises. However, a closer look at their financials reveals that while a […]
> 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 […]
> China’s CATL has introduced its first-generation sodium ion battery technology, alongside its AB battery pack solution, during its online launch event Tech Zone. The tier 1 battery producer is hoping the sodium ion cell technology can provide a sustainable alternative to the volatile raw material market that dictates the lithium ion battery industry. According to […]