VFBATTERY REPORT

Notable Events

Pages 7–20 (14 pages)

Battery Report 2025, page 12: Notable Events

Companies on this page · in the Battery Business Directory

Text on page 12

Notable Events: May Week 1

Week 2

Week 3

Week 4

Amprius unveiled 450 Wh/kg, 950 Wh/L cell SiCore for aerospace and e-mobility

CATL launched 9MWh stacked BESS designed to meet transport weight restrictions

CATL raised $5b in Hong Kong in 2025ʼs 2nd largest IPO.

BYD surpassed Tesla EV sales in Europe for first time

CustomCells filed for insolvency following the collapse of its largest customer, Lilium.

Ascend Elements to receive up to $320M in Polish government grants to build Li-ion recycling and materials facility in Poland.

Li-Cycle filed for bankruptcy protection in Canada and US, receives financing and bid from Glencore as court-supervised sale begins

GM pivoted to LFP in US factories with LGES and Samsung SDI

BYD April sales surged 45% to 195k BEV units to outsell PHEVs, overseas sales set new record for 5th consecutive month

KoBold Metals to acquire stake in Manono lithium project, investing $1B to expand footprint into Democratic Republic of the Congo.

GM and LG pioneer LMR batteries, production to begin in 2028 for first prismatic LMR EV batteries to reduce cost and extend range to 400 miles per charge

Fluence invested $700M to open Arizona factory as part of its US onshoring strategy

ABTC received letter of interest for $900M in financing to support the construction of Li mine and refinery near Tonopah, Nevada

Lyten announced U.S. focused drone propulsion initiative using lithium-sulfur batteries

TDK accelerated timeline of next-gen Si anode batteries, launching 2026 Fall to meet the next consumer device release cycle

Gotion completed itʼs first 0.2GWh pilot line for all-SSBs with 90% yield rate.

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

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