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Global – July 2025 — A wave of recent reports by UBS, Rho Motion, and the International Energy Agency (IEA) reveal that world battery storage capacity must grow dramatically—between 8 and 34 times higher by 2050—to effectively support the global transition to renewable energy. Among battery ... Read More
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Tokyo, July 3, 2025 — Japan is preparing for a substantial surge in home energy storage systems (ESS), with LiFePO₄ (LFP) batteries set to dominate the market—thanks to their superior safety, affordability, and longevity. Solar Mandate Sparks Demand Starting April 2025, Tokyo has mandated rooftop ... Read More
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A recent MarketsandMarkets study forecasts the global lithium-ion battery market to grow from approximately US $194.7 billion in 2025 to around US $426.4 billion in 2033, reflecting a compound annual growth rate (CAGR) of 10.3%. What’s driving the surge? Electric vehicle expansion: The booming EV ... Read More
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Pure Lithium’s CEO Emilie Bodoin reports the company is successfully developing lithium-metal battery technology that avoids reliance on rare-earth metals, aiming for commercial-scale production. . Rare-earth‑free chemistry: Pure Lithium has engineered a lithium-metal battery that eliminates rare ... Read More
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Northbrook, IL – April 15, 2025 – UL Solutions has issued a public safety warning concerning Kepworth 24V 60Ah LiFePO₄ deep-cycle batteries. These units, labeled with an unauthorized UL Certification Mark, have not undergone proper safety testing by UL, and their compliance remains uncertain . Key ... Read More
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June 2025 – Lithium Iron Phosphate (LiFePO₄ or LFP) batteries have officially claimed a dominant position in the global lithium-ion battery market, accounting for over 60% of total market share in 2025. This rapid expansion reflects the growing demand for safer, cost-effective, and stable energy ... Read More
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The global demand for lithium batteries is skyrocketing, driven primarily by the booming electric vehicle industry and the increasing need for energy storage in the renewable energy sector. China, a major player in the lithium battery market, has witnessed a remarkable surge in exports. In the first ... Read More
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In an exciting development for the electric vehicle (EV) industry, a major breakthrough in lithium battery technology has been announced. Scientists and researchers have been working tirelessly to enhance the performance of lithium - ion batteries, and their efforts seem to be paying off. A new ... Read More
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