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Latest company news about Global Lithium-Ion Battery Market Set to More Than Double by 2033

Global Lithium-Ion Battery Market Set to More Than Double by 2033

[2025-06-18 10:41:41]
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
Latest company news about Pure Lithium Develops Commercial Lithium‑Metal Batteries Free of Rare Earths

Pure Lithium Develops Commercial Lithium‑Metal Batteries Free of Rare Earths

[2025-06-18 10:32:22]
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
Latest company news about UL Warns Against Unauthorized UL‑Marked LiFePO₄ Batteries

UL Warns Against Unauthorized UL‑Marked LiFePO₄ Batteries

[2025-06-23 17:31:27]
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
Latest company news about LiFePO₄ Batteries Capture Over 60% of Global Market in 2025

LiFePO₄ Batteries Capture Over 60% of Global Market in 2025

[2025-06-23 17:18:19]
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
Latest company news about Global Demand Fuels Growth in Lithium Battery Market

Global Demand Fuels Growth in Lithium Battery Market

[2025-04-19 10:53:34]
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
Latest company news about Breakthrough in Lithium Battery Technology Promises Longer Range for EVs

Breakthrough in Lithium Battery Technology Promises Longer Range for EVs

[2025-04-19 10:39:54]
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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