With EVs gradually gaining popularity, the demand for mid- to low-price models has grown. EV makers have elected to reduce costs in exchange for price competitiveness. One method...
Formosa Smart Energy Tech (FSET), the sixth largest company under the Formosa Plastics Group, announced that it has invested over NT$16 billion (US$524 million) through its subsidiary...
Prices for lithium iron phosphate (LFP) batteries have started to drop, thanks to lower lithium carbonate prices and sluggish demand for electric vehicles (EV), according to industry...
Ford has announced plans to invest US$3.5 billion in the construction of an automotive LFP battery plant in Marshall, Michigan, as well as a collaboration with China's Contemporary...
Lithium iron phosphate (LFP) battery supply chain players outside China are moving to seek backup supply packages as they are worried that China's upcoming restrictions on...
US-based energy storage system developer Powin Energy, in a bid to obtain subsidies arising from Inflation Reduction Act (IRA), is actively planning to produce LFP (lithium iron phosphate)...
China has been the most aggressive in the world in carrying out capacity expansions for lithium iron phosphate (LFP) batteries. China news media recently warned that an oversupply...
Battery material price volatility has caused much burden for EV manufacturing this year. According to Benchmark Mineral Intelligence, prices of lithium, one of the essential raw materials,...
Taiwan-based battery cell maker Synergy ScienTech remains conservative about market demand for the first half of 2023 and expects sales to possibly resume growth in the second half...
Japan-based Taiheiyo Cement has been in R&D of LFMP (lithium-iron-manganese-phosphate) batteries of which energy density is 40-50% higher than that for LFP (lithium iron phosphate)...
There have been market rumors about a Korean lithium battery maker planning to work together with a Chinese maker to complement each other's technical advantages even before the US...
Despite US-China tensions remaining intense, Chinese lithium battery cell makers are still eager to set up manufacturing operations in the US, eyeing huge business opportunities brought...
Main China-based ternary and LFP (lithium iron phosphate) battery cell makers have adopted floating quoting schemes dynamically associated with fluctuations in material cost instead...
China's new production capacity for lithium iron phosphate (LFP) cathode materials tripled in the first three quarters of 2022, sparking speculations that an overcapacity crisis may...
The lithium battery sector has become the hottest due to the US recently passing the Inflation Reduction Act of 2022 (IRA). The IRA is aiming to fight inflation with green energy...
