Lithium ion battery imports are an important part of the US’ domestic BESS industry. Historically, China has been the largest source of imported cells to the US, however this trend appears to be changing as US imports from China have...
Founded in 2011, CATL is the world’s largest lithium ion battery supplier, controlling just under a third of the global market in 2024, according to Rho Motion. Examining how CATL’s revenue mix has...
The Battery Energy Storage System (BESS) market is currently the fastest growing segment of global battery demand, with y-o-y growth of 53% in 2024, according to Rho Motion’s BESS database. This expansion has been...
The Indonesian government has announced a new program in which it aims to build 320GWh of BESS across the country. It will include the deployment of 80GW of solar alongside this, aiming to provide 80,000 villages with...
Italy has approved a new package of subsidies worth nearly EUR597million ($692.8 million), in an effort to boost electric vehicle (EV) sales. This follows the...
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...
The battery industry is dominated by LFP and NCM cathode chemistries, but even with these well-established chemistries there is room for new technologies to be developed. Recently manganese rich cathode chemistries such as...
War is often viewed as a key driver of innovation. Recently, this has moved into the battery space, with batteries starting to play key roles in many...
Two-thirds of the 2035 sodium ion pipeline capacity is from Tier 3 producers, the Benchmark Gigafactory Database shows. Just 10% of capacity is from Tier 1 producers – those who have...
Despite the Middle East and North Africa (MENA) region being synonymous with the fossil fuel industry, several countries within the region are rapidly emerging as some of the world’s fastest-growing markets for Battery Energy Storage Systems (BESS), as they look to decarbonise...