LG Energy Solution and Stellantis’ joint venture (JV), NextStar Energy, Canada’s first large-scale lithium-ion (Li-ion) battery manufacturing plant, is expanding to produce energy storage system (ESS) batteries.

Partnerships will determine whether India can emerge as a global hub for battery manufacturing and energy storage.

Samsung SDI is ramping up its manufacturing of energy storage batteries in the US to 30GWh by the end of 2026, while EV demand remains sluggish.

Despite a slowdown in electric vehicle (EV) sales in the US, LG Energy Solution (LG ES) experienced a quarterly rise in profits, driven in part by increasing demand for energy storage.  

Tesla reported record energy storage deployments and business segment profits in Q3 2025, just ahead of a shareholder vote on CEO Elon Musk’s historic remuneration package.  

Eos announced its move to Pennsylvania, US, as well as agreements for energy storage projects with Talen Energy and MN8 Energy.

Redwood Materials has closed a US$350 million Series E funding round to scale up its critical battery materials and energy storage businesses.

The world’s largest lithium-ion company CATL has released its Q3 results, with revenue growth recovering from the previous period but its market share ‘somewhat impacted by capacity constraints’, a company executive said.

John Zahurancik, Americas president at Fluence, discussed industry trends and policy directions with ESN Premium at this year’s RE+.

Production has begun at a battery energy storage system (BESS) factory designated as a project of strategic importance by the European Commission (EC) due to its use of local supply chains.