Lithium Battery and Energy Storage


2025-01-10

[News] China Becomes Second-Largest Lithium Holder after New Mine Discovery, Boosting EV Battery Sector

Lithium Battery and Energy Storage

China may have more bargaining power in the electric vehicle and battery sectors, though in an unexpected way. According to a report from Interesting Engineering, citing Chinese news agency Xinhua, the country has become the world’s second-largest holder of the lithium reserves, as it announced th...

2025-01-02

[News] Korean Battery Makers LG Energy Solution, Samsung SDI, and SK On Reportedly Hit by Lower Utilization

Lithium Battery and Energy Storage

As the merger between Japanese automakers Nissan and Honda highlights the threat from Chinese-made electric vehicles, there may be another fundamental issue which haunts the industry – the waning global EV demand. According to Business Korea, factory utilization rates for South Korea's leading ...

2024-08-21

[News] Restriction on Antimony Exports is Just the Beginning? China Rumored to Tighten Tungsten Controls by Year-End

Lithium Battery and Energy Storage

China's export controls on antimony are set to take effect on September 15th. Furthermore, according to a report from Liberty Times Net, it is indicated that these controls could be escalated, with plans to impose additional restrictions on tungsten by the end of this year. Addressing the matter,...

2024-04-17

[Insights] China’s Position in EV Battery Market to be Shaken as the Mass Production Race of All-Solid-State Battery Industry Speeds up?

Lithium Battery and Energy Storage

With the Ongoing Expansion of Global EV Battery Market, China's Dominant Position Steadily Strengthens In recent years, the rapid growth of EV and energy storage markets has driven robust demand for lithium-ion batteries (LiBs). Data shows that in 2023, the total shipment of LiBs exceeded 1 teraw...

2023-11-30

[Insights] Significant Impact of Chinese Export Restrictions, Material Alternatives Yet to Yield Immediate Results

Lithium Battery and Energy Storage

With China intensifying export controls, Japanese companies relying on crucial battery and semiconductor materials manufactured in China are contemplating alternative solutions. They are actively seeking materials sources to achieve supply diversification. TrendForce’s insight: 1. Alternativ...

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