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Battery
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Samsung and Hyundai Motor executives held an unprecedented "Appreciation Day" gathering on Monday to deepen cooperation in chips and batteries.
Samsung and Hyundai Motor executives held an unprecedented "Appreciation Day" gathering on Monday to deepen cooperation in chips and batteries.
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LG Energy Solution Q3 operating profit climbs 25.7% to $564 million, raises full-year revenue outlook
South Korean battery-maker LG Energy Solution reported a 25.7% increase in third-quarter operating profit to 756 billion won ($564 million), driven by strong demand for energy storage systems in North
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Indonesia's Severe Drought Threatens to Disrupt China's Vast EV Battery Industry by Slowing Crucial Nickel Output
Indonesia's Severe Drought Threatens to Disrupt China's Vast EV Battery Industry by Slowing Crucial Nickel Output
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South Korean PM Han Seong-sook urges deeper high-tech cooperation with Germany in AI, chips, batteries, and semiconductors
South Korean PM Han Seong-sook urges deeper high-tech cooperation with Germany in AI, chips, batteries, and semiconductors
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Morgan Stanley: Chinese Battery Giant CATL's Q3 Profit Margin Plunge Is the New Normal, Market Earnings Expectations to Be Significantly Revised Downward
Morgan Stanley's latest report indicates that Chinese battery giant CATL's Q3 net profit was RMB 21.2 billion, a 15% year-on-year increase, but 12% below the firm's forecast. The core pressure stemmed
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CATL management anticipates a 20-30% increase in battery demand next year, but the company's Q3 net profit declined quarter-on-quarter, with its stock price falling over 10% during intraday trading.
CATL management stated on the evening of October 20 that global demand for power and energy storage batteries is expected to grow by 20% to 30% next year, considering this a "reachable and not excessi
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CATL's Q3 revenue hit a new high, but net profit attributable to the parent company saw its year-on-year growth slow to 15% and a quarter-on-quarter decline.
Chinese battery giant CATL announced its third-quarter results after the market close on October 20. Revenue was approximately RMB 165.2 billion, a year-on-year increase of about 59%, setting a new qu
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CATL, China's battery giant, saw its Q3 net profit growth slow to 14.54%, with its stock price falling.
Chinese battery giant CATL reported a surprising slowdown in net profit growth for the third quarter, rising 14.54% year-on-year to 21.25 billion yuan (approximately $3.18 billion), falling short of a
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Taiwanese and South Korean firms target Japan's grid storage market as Chinese rivals face lockout
Taiwanese and South Korean battery suppliers are looking to enter Japan's grid-scale energy storage market. Chinese rivals are currently locked out due to a lack of local cybersecurity certification.
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Citi: The global battery industry chain may face a new downward cycle, but the supply-demand landscape is more balanced, reducing the risk of price wars, and market pessimism is overdone.
Citi: The global battery industry chain may face a new downward cycle, but the supply-demand landscape is more balanced, reducing the risk of price wars, and market pessimism is overdone.
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South Korean Battery ETFs Among Top Performers This Month Amid AI Demand Hopes
Exchange-traded funds (ETFs) tracking secondary battery companies were among the top performers in the South Korean stock market this month, with eight of the 10 best-performing listed ETFs related to
-
LG Energy Solution Q3 Profit Beats Estimates
South Korean battery maker LG Energy Solution Ltd. reported preliminary third-quarter earnings that beat analyst estimates by more than double, benefiting from US manufacturing incentives and surging
-
Panasonic plans to leverage its battery business to develop humanoid robots, targeting production by 2029.
Akira Sakakibara, Chief AI Officer at Japanese tech conglomerate Panasonic Holdings, stated in an interview with Nikkei that the company plans to develop humanoid robots, leveraging its battery busine
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Renault-Backed Battery Factory Seeks Debt Flexibility After Production Delays
A French battery maker backed by Renault SA plans to ask creditors for more flexibility with its debt terms after its production ramp-up fell behind schedule. This situation highlights the ongoing cha
-
LG Energy Solution signed a memorandum of understanding with U.S. EV startup Indigo to supply 46-series batteries starting in 2027.
LG Energy Solution announced Thursday it has signed a memorandum of understanding with Indigo Technologies, a U.S. commercial electric vehicle startup, to supply 46-series cylindrical batteries from 2
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China's lithium futures plunged 25% this month amid market concerns about slowing battery demand growth.
China's lithium futures plunged 25% this month amid market concerns about slowing battery demand growth.
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Panasonic Energy targets $5.5bn in fiscal year sales from data center batteries, sees AI demand driving growth
The Japanese supplier, also known for providing cylindrical lithium-ion batteries for Tesla's electric vehicles, stated that its batteries are now finding a new role as backup power units for data cen
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Ford aims to navigate new US foreign-linked grid equipment order by asserting its Michigan plant's CATL-tech batteries are American-made
Ford argues that batteries produced at its wholly owned Michigan plant, which relies on technology licensed from China's CATL, should be considered American-made. This ownership structure could help t
-
Malaysia's Solarvest expands beyond solar panels into batteries and power trading, targeting $1.2bn annual order book
Malaysia's Solarvest expands beyond solar panels into batteries and power trading, targeting $1.2bn annual order book
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China's major EV battery makers reported over 50 billion yuan in net profits in the first half of the year, nearly double that of automakers.
Seven major battery manufacturers, including CATL, recorded a combined net profit exceeding 50 billion yuan (approximately $7.4 billion) from January to June this year, a 49% year-on-year increase, ac
-
LG Chem plans W15tr R&D push beyond petrochemicals, focusing on semiconductors, mobility, and batteries
The company aims to invest 15 trillion won ($10.8 billion) in research and development through 2035, with about 70% earmarked for future growth sectors, as it transforms into a materials powerhouse. I
-
The U.S. Department of Energy allocates $500 million to seven critical minerals and battery projects to strengthen domestic supply chains
The U.S. Department of Energy (DoE) announced $500 million in grants to seven companies for projects developing domestic critical minerals processing, battery recycling, and advanced battery materials
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Samsung SDI to acquire General Motors' entire 49.99% stake in their $3.5 billion Indiana battery joint venture, gaining its first wholly owned North American production plant.
Samsung SDI to acquire General Motors' entire 49.99% stake in their $3.5 billion Indiana battery joint venture, gaining its first wholly owned North American production plant.
-
Samsung and Hyundai Motor executives held an unprecedented "Appreciation Day" gathering on Monday to deepen cooperation in chips and batteries.
Samsung and Hyundai Motor executives held an unprecedented "Appreciation Day" gathering on Monday to deepen cooperation in chips and batteries.
-
LG Energy Solution Q3 operating profit climbs 25.7% to $564 million, raises full-year revenue outlook
South Korean battery-maker LG Energy Solution reported a 25.7% increase in third-quarter operating profit to 756 billion won ($564 million), driven by strong demand for energy storage systems in North
-
Indonesia's Severe Drought Threatens to Disrupt China's Vast EV Battery Industry by Slowing Crucial Nickel Output
Indonesia's Severe Drought Threatens to Disrupt China's Vast EV Battery Industry by Slowing Crucial Nickel Output
-
South Korean PM Han Seong-sook urges deeper high-tech cooperation with Germany in AI, chips, batteries, and semiconductors
South Korean PM Han Seong-sook urges deeper high-tech cooperation with Germany in AI, chips, batteries, and semiconductors
-
Morgan Stanley: Chinese Battery Giant CATL's Q3 Profit Margin Plunge Is the New Normal, Market Earnings Expectations to Be Significantly Revised Downward
Morgan Stanley's latest report indicates that Chinese battery giant CATL's Q3 net profit was RMB 21.2 billion, a 15% year-on-year increase, but 12% below the firm's forecast. The core pressure stemmed
-
CATL management anticipates a 20-30% increase in battery demand next year, but the company's Q3 net profit declined quarter-on-quarter, with its stock price falling over 10% during intraday trading.
CATL management stated on the evening of October 20 that global demand for power and energy storage batteries is expected to grow by 20% to 30% next year, considering this a "reachable and not excessi
-
CATL's Q3 revenue hit a new high, but net profit attributable to the parent company saw its year-on-year growth slow to 15% and a quarter-on-quarter decline.
Chinese battery giant CATL announced its third-quarter results after the market close on October 20. Revenue was approximately RMB 165.2 billion, a year-on-year increase of about 59%, setting a new qu
-
CATL, China's battery giant, saw its Q3 net profit growth slow to 14.54%, with its stock price falling.
Chinese battery giant CATL reported a surprising slowdown in net profit growth for the third quarter, rising 14.54% year-on-year to 21.25 billion yuan (approximately $3.18 billion), falling short of a
-
Taiwanese and South Korean firms target Japan's grid storage market as Chinese rivals face lockout
Taiwanese and South Korean battery suppliers are looking to enter Japan's grid-scale energy storage market. Chinese rivals are currently locked out due to a lack of local cybersecurity certification.
-
Citi: The global battery industry chain may face a new downward cycle, but the supply-demand landscape is more balanced, reducing the risk of price wars, and market pessimism is overdone.
Citi: The global battery industry chain may face a new downward cycle, but the supply-demand landscape is more balanced, reducing the risk of price wars, and market pessimism is overdone.
-
South Korean Battery ETFs Among Top Performers This Month Amid AI Demand Hopes
Exchange-traded funds (ETFs) tracking secondary battery companies were among the top performers in the South Korean stock market this month, with eight of the 10 best-performing listed ETFs related to
-
LG Energy Solution Q3 Profit Beats Estimates
South Korean battery maker LG Energy Solution Ltd. reported preliminary third-quarter earnings that beat analyst estimates by more than double, benefiting from US manufacturing incentives and surging
-
Panasonic plans to leverage its battery business to develop humanoid robots, targeting production by 2029.
Akira Sakakibara, Chief AI Officer at Japanese tech conglomerate Panasonic Holdings, stated in an interview with Nikkei that the company plans to develop humanoid robots, leveraging its battery busine
-
Renault-Backed Battery Factory Seeks Debt Flexibility After Production Delays
A French battery maker backed by Renault SA plans to ask creditors for more flexibility with its debt terms after its production ramp-up fell behind schedule. This situation highlights the ongoing cha
-
LG Energy Solution signed a memorandum of understanding with U.S. EV startup Indigo to supply 46-series batteries starting in 2027.
LG Energy Solution announced Thursday it has signed a memorandum of understanding with Indigo Technologies, a U.S. commercial electric vehicle startup, to supply 46-series cylindrical batteries from 2
-
China's lithium futures plunged 25% this month amid market concerns about slowing battery demand growth.
China's lithium futures plunged 25% this month amid market concerns about slowing battery demand growth.
-
Panasonic Energy targets $5.5bn in fiscal year sales from data center batteries, sees AI demand driving growth
The Japanese supplier, also known for providing cylindrical lithium-ion batteries for Tesla's electric vehicles, stated that its batteries are now finding a new role as backup power units for data cen
-
Ford aims to navigate new US foreign-linked grid equipment order by asserting its Michigan plant's CATL-tech batteries are American-made
Ford argues that batteries produced at its wholly owned Michigan plant, which relies on technology licensed from China's CATL, should be considered American-made. This ownership structure could help t
-
Malaysia's Solarvest expands beyond solar panels into batteries and power trading, targeting $1.2bn annual order book
Malaysia's Solarvest expands beyond solar panels into batteries and power trading, targeting $1.2bn annual order book
-
China's major EV battery makers reported over 50 billion yuan in net profits in the first half of the year, nearly double that of automakers.
Seven major battery manufacturers, including CATL, recorded a combined net profit exceeding 50 billion yuan (approximately $7.4 billion) from January to June this year, a 49% year-on-year increase, ac
-
LG Chem plans W15tr R&D push beyond petrochemicals, focusing on semiconductors, mobility, and batteries
The company aims to invest 15 trillion won ($10.8 billion) in research and development through 2035, with about 70% earmarked for future growth sectors, as it transforms into a materials powerhouse. I
-
The U.S. Department of Energy allocates $500 million to seven critical minerals and battery projects to strengthen domestic supply chains
The U.S. Department of Energy (DoE) announced $500 million in grants to seven companies for projects developing domestic critical minerals processing, battery recycling, and advanced battery materials
-
Samsung SDI to acquire General Motors' entire 49.99% stake in their $3.5 billion Indiana battery joint venture, gaining its first wholly owned North American production plant.
Samsung SDI to acquire General Motors' entire 49.99% stake in their $3.5 billion Indiana battery joint venture, gaining its first wholly owned North American production plant.
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