On September 21, INNOVX signed a strategic financing agreement worth over MAD one billion for its subsidiary Fluoralpha, with Bank of Africa. It will support the development of a large-scale industrial project in Jorf Lasfar dedicated to capitalizing on the recovery of fluorine from Moroccan phosphate rocks. The proj

Reported on October 2, 2025, the Indonesian government was urged to take action to lower EV battery prices and ease the financial burden on consumers. A member of the Indonesian House of Representatives (DPR RI) Commission VII noted that current battery costs from official manufacturers, including OEMs, remain high,

On September 30, California-based QuantumScape Corp., a leader in next-generation solid-state lithium-metal battery technology, and Corning Inc. announced an agreement to jointly develop ceramic separator manufacturing capabilities for QS solid-state batteries. The companies will work together toward the goal of high

South Korea’s LS-L&F Battery Solution (LLBS) held a ceremony to celebrate the completion of a precursor plant in Saemangeum in the Jeonbuk Special Self-Governing Province. LLBS is a joint venture between LS Group, which operates non-ferrous metals and power generation businesses, and L&F, a manufacturer of cathode ma

Several South Korean media sources reported that Zhongrui Korea, a South Korean company, will build a cylindrical battery parts plant in Pyeongtaek-si, Gyeonggi-do, investing KRW 60 billion (JPY 6.6 billion). The new plant will produce top cap assemblies and supply them to LG Energy Solution Ltd., a secondary battery

On September 30, NextStar Energy, the joint-venture EV battery company owned by Stellantis and LG Energy Solution, announced it has received its Occupancy Permit, marking the official completion of construction of its CAD 5-billion plant in Windsor, Ontario.
Danies Lee, CEO of NextStar Energy, said the plant was “com

On October 1, Ola Cell Technologies Private Limited (OCT), a wholly owned subsidiary of Ola Electric Mobility Limited, received approval from its Board of Directors to invest up to INR 8,776 million, issued by Ola Electric Technologies Private Limited (OET), a fellow subsidiary within the group.
OET, incorporated on

On September 29, Arkema inaugurated its Battery Dry Coating Laboratory, located at the Cerdato Research Center in Normandy, France. The laboratory is equipped with two technologies that enable versatile and precise electrode fabrication. The first is direct calendering, which allows the production of uniform and cons

On September 25, Rosatom announced that its Fuel Division and Asaka Motors International (Uzbekistan) signed a cooperation agreement on the production of lithium-ion batteries and energy storage systems. The agreement was signed at World Atomic Week (WAW – 2025) international forum. 
They will be developing a project

On September 30, 24M Technologies, Inc. announced that its 24M ETOP (Electrode-to-Pack) technology provides significant advantages for U.S. manufacturers to quickly and cost-effectively produce high-performing EV, eVTOL, ESS, and consumer electronic batteries domestically. 
24M ETOP is both an electrode- and chemistr

On September 29, Gulf Aluminium Rolling Mill B.S.C. (GARMCO), in a social media post, announced that it had held extensive meetings with several major European manufacturers of electric vehicle battery components to discuss long-term supply agreements for aluminum metal. 
The discussions represent a strategic step ai

Several South Korean media sources reported that ASET, a South Korean electrolyte film manufacturer, had raised a fund of KRW 3 billion (JPY 330 million) in a pre-Series A bridge round. ASET is a startup that develops technology for all-solid-state and composite electrolyte films, offering improved fire safety and en

Several South Korean media sources reported that  IL Co., Ltd., a South Korean company, had acquired a site for a new plant in Cheonan-si, Chungcheongnam-do, to establish a production system for lithium metal negative electrode material sheets for all-solid-state batteries. According to IL, these negative electrode s

Several South Korean media sources reported that a South Korean secondary battery material manufacturer, Top Material Co., Ltd., has developed and acquired a patent in South Korea for a new technology regarding the production of LFP cathode active materials. LFP active materials currently commercialized are at the 2n

On September 26, the Ministry of Industry and Tourism, Spain, provisionally awarded EUR 27.3 million in grants to the following six projects in the battery section of the fourth round of the Electric and Connected Vehicle PERTE (Perte).
Resonac Graphite Spain SA (Galicia) – EUR 2.7 millionBasquevolt, SA (Basque Count

On September 25, Vianode announced a major product qualification milestone with a leading OEM. The materials made at Vianode’s full-scale Via ONE plant in Norway were confirmed to meet the product requirements set by a leading OEM.  
The product qualification marks an important step in Vianode’s phased multi-billion

On September 24, Epsilon Advanced Materials Inc. (EAM) entered into an agreement with Phillips 66 for the supply of Green and Calcined Needle Coke from the company’s Lake Charles, Louisiana, refinery. Phillips 66 is among the world’s leading producers of specialty cokes, such as Green and Calcined Needle Coke, which

On September 25, 2025, Exide Industries Limited (EIL) announced an additional INR 800 million investment in its wholly owned subsidiary, Exide Energy Solutions Limited (EESL). This brings Exide Industries' total investment in EESL to INR 38.82 billion, with no change in the 100% shareholding structure.
EESL is in the

On September 24, 2025, Montra Electric HCV (IPL Tech), the electric heavy-commercial vehicle division of the Murugappa Group, announced the commissioning of its new eHCV manufacturing facility in Manesar, Haryana. Spread over 255,000 square feet of land with a 150,000-square-foot built-up area, the plant features an