VFBATTERY REPORT

Finance

Pages 50–67 (18 pages)

Battery Report 2025, page 65: Finance
Text on page 65

Notable Exits, Mergers, & Acquisitions of 2025 January

HyperStrong, a Chinese energy storage system integrator, filed for IPO in Shanghai

Evyon and Elywhere merge to use second life batteries for EV charging

Source: Company announcements

CATL completed its $5b secondary listing IPO on the Hong Kong Stock Exchange as one of the year's biggest global IPO

Endless acquires Ecobatʼs European battery distribution business, a leading battery supplier for a range of applications

I Squred Capital acquires majority stake in ENTEK, funding a separator gigafactory in the US

CoreWeave acquires Monolith AI, developing data-driven AI models for battery performance

August

U.K. BESS maker, Palmer Energy, acquires Brill Power, a BMS provIder

September

Following CATLʼs strong HK IPO and positive IPO sentiment in HK, multiple battery companies in HK IPO pipeline

December

October

September

Exxon Mobil acquires Super Graphite battery material facilities, supporting Exxonʼs energy storage capabilities

June

May

Clarios acquires Maxwell Technologies extending commitment to new low voltage energy storage

StoreDot SPAC announced with Andretti Acquisition Corp.

Factorial Energy merges with SPAC Cartesian Growth Corporation

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

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