VFBATTERY REPORT

Notable Events

Pages 7–20 (14 pages)

Battery Report 2024, page 17: Notable Events
Text on page 17

Notable Events October

Tesla plans 4 new batteries in 2026, including batteries for its robotaxis.

General Motors to retire “Ultiumˮ branding, expands NMC pouch cells to include LFP and prismatic formats.

WEEK 1 Enovix begins shipping cell samples from its Malaysia fabʼs Agility Line.

Source: Volta Foundationʼs This Week in Batteries Newsletter

WEEK 2

Rio Tinto to acquire Arcadium Lithium in $6.7B deal.

WEEK 3

Form Energy raises $405M Series F round, bringing its total funding raised to more than $1.2B.

Indonesia forms a joint venture with CATL to invest $1.2B in battery production.

WEEK 4 Lyten investing more than $1B to build the worldʼs first Li-S gigafactory in Nevada with up to 10 GWh/yr capacity.

Extracted from the PDF; charts and images may read imperfectly.

Page 17 · 11/14