Tesla is reported to have signed a significant supply agreement with LG Energy Solution (LGES) for lithium iron phosphate (LFP) batteries to be produced at LGES’s Lansing, Michigan facility, the former Ultium Cells 3 plant operated as a joint venture with General Motors. LGES acquired GM’s stake in May 2025 and now f

On February 27, CATL announced that it has signed a Memorandum of Understanding (MoU) with BMW Group to work together on pilot projects focused on secure data sharing and reducing carbon emissions in the battery supply chain.
By working more closely on products and supply chains, both companies aim to improve digital

On February 27, Lyten completed its acquisition of Northvolt Ett and Ett Expansion in Skellefteå, Sweden, as well as Northvolt Labs in Västerås, Sweden, totaling nearly USD 5 billion in value.
The acquisition includes 16 GWh of existing battery manufacturing capacity, more than 160 hectares of land, production infras

On February 27, Terrafame announced that it had decided to initiate change negotiations concerning its entire personnel on production-related and financial grounds. It will help to improve competitiveness and profitability as well as mitigate the negative impact from the increased tax on mined minerals. The change ne

BMW Group signed a memorandum of understanding with Contemporary Amperex Technology Co., Ltd. (CATL) for cooperation on carbon reduction across the power battery supply chain to systematically reduce EV carbon footprints and deepen sustainable development. BMW Group emphasized the importance of open cooperation and i

On February 24, POSCO Group signed an agreement with SK On to supply up to 25,000 tons of lithium concentrate per year from this year through 2028. The volume is sufficient to produce batteries for approximately 400,000 EVs and will be used in SK On’s battery plants in North America and Europe to help meet sourcing r

On February 24, Changan Auto announced the smooth progress of its solid-state battery project. It is expected that prior to Q3 2026, the Golden Shield solid-state battery will be put into robotic applications and in-vehicle verification.
Regarding production capacity, Changan Auto currently has sufficient production

According to multiple press releases, Hefei EVE Energy Co., Ltd., a wholly-owned subsidiary of EVE Energy Co., Ltd. (EVE Energy), was established. With a registered capital of CNY 500 million, the new company was registered in the Hefei Economic and Technological Development Area. The new company’s business scope inc

On February 13, CATL-Chery (Hefei) New Energy Technology Co., Ltd., a joint venture (JV) between Contemporary Amperex Technology Co., Ltd. (CATL, owning 51%), Chery Automobile Co., Ltd. (42.3%), and Chery Commercial Vehicle (Anhui) Co., Ltd. (6.7%), was established in Hefei, Anhui, with a registered capital of CNY 2

On February 23,  Electra Battery Materials announced a new dedicated construction budget and established an execution schedule to achieve mechanical completion of its cobalt sulfate refinery north of Toronto, marking a significant step toward bringing North America’s first battery-grade cobalt refinery into operation

On February 25, Nouveau Monde Graphite Inc. (NMG) announced it has acquired the brownfield site and industrial facilities adjacent to its greenfield site in Bécancour, Québec enabling it to deploy the first stage of its refining operations to fulfill Panasonic Energy’s 13,000-tpa active anode material offtake. The pr

On February 24, Battery technology startup Coulomb Litech raised INR 200 million in seed funding from high-net-worth investors to scale its fast‑charging, long‑life battery systems for medium and heavy electric vehicles. Founded in 2020 by IIT Kanpur alumni, the company plans to use the capital to set up a manufactur

On February 13, Wuhan Weineng Battery Asset Co., Ltd. (Weineng Battery), owned by companies including NIO and CATL, closed a Series C3 equity financing worth CNY 1 billion and brought in two new key shareholders from Hefei.
This raised the total proceeds from Weineng Battery’s Series C financing to nearly CNY 2 billi

On February 17, Rosatom Chemistry JSC (a company of Rosatom's Fuel Division) launched pilot production of eight grades of electrolyte. These products are used as components in the production of battery cells. The company has mastered the production of electrolytes for both non-rechargeable batteries and secondary bat

On February 15, Integrals Power announced that its next-generation rich-manganese Lithium Manganese Iron Phosphate (LMFP) cathode active materials have now passed the 1,500-cycle milestone. The ongoing test, conducted by QinetiQ, has now achieved more than 1,500 charge and discharge cycles at a 1C rate, with the pouc

On February 12, multiple sources reported that GFCL EV Products Limited, part of the INOXGFL Group, will establish a greenfield facility in Salalah Free Zone, Oman, to manufacture advanced battery materials for electric vehicles (EVs) and energy storage applications. It will invest USD 216 million in this project. It

On February 24, Ampere signed a joint development agreement with Basquevolt to speed up the development and testing of lithium metal batteries for future EVs.
Basquevolt’s lithium metal battery technology offers much higher energy density than today’s lithium-ion batteries. It uses a polymer electrolyte and advanced

On February 22, IG Metall union announced that PowerCo has agreed with the union’s job security until the end of 2030. This protects around 2,000 employees in Salzgitter plant, Germany, from layoffs during this period.
The agreement is part of a new collective labor deal running from March 1, 2026, to December 31, 20

On February 24, Daimler Buses announced that it will showcase Mercedes-Benz eCitaro with its new NMC4 battery generation at Mobility Move 2026, Berlin, from March 10–12. Visitors can also explore digital services from Omniplus ON, charging solutions from Omniplus CHARGE, and training programs for workshop staff and d