Three-quarters of North America’s 2030 pipeline gigafactory capacity is associated with an automaker through either a solo or joint venture, according to Benchmark’s Gigafactory Assessment. This is a significantly higher proportion than the global 2030 pipeline, in which only 29% of capacity is associated with an automaker. China, by far the largest producer of batteries, […]
> BYD has unveiled its latest grid-scale battery energy storage system (BESS), named Haohan, with a capacity of 14.5MWh and powered by a new 2,710Ah blade cell. The launch marks a step-change in scale for lithium iron phosphate (LFP) storage technology, though the size of both the cell and the system raise questions over practical deployment […]
> 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 […]
> In the third quarter of 2025, 18 of the largest 25 copper miners reported quarter-on-quarter decreases in their output, including the top four miners. The total Q3 copper production reported by the top 25 miners hit 3.72Mt. “In the third quarter, many companies saw lower production compared to the previous quarter. However, most did not […]
> 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 […]
> South Korean battery producer LG Energy Solution (LGES) will start energy storage systems (ESS) battery production in the US in 2025 as it looks to tap the booming demand for energy storage in western markets. LGES said it plans to launch high capacity lithium iron phosphate (LFP) ESS batteries and expects substantial revenue from long-term, […]
> 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 […]
> 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 […]