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Tesla could be “hedging its bets” on battery cell supply, if a deal announced by LG Energy Solution really is with the US EV and BESS company.

US zinc battery and energy storage system maker Eos Energy Enterprises has reported year-on-year revenue growth of 243% from the first half of 2024.

Perhaps best known outside the US for peaches and its emergence as a rival to Hollywood, Georgia is also thirsty for electric capacity and has become a hub for battery manufacturing, writes Allan Oduor of Enertis Applus+.

As the BESS industry matures, the trend towards a closening relationship between OEMs and project owners looks set to continue, but system integrators will continue to have a role to play.

Tesla energy storage division saw its highest quarterly gross profits as the company’s automotive business continued to see dampened demand.

LG Energy Solution (LG ES) will nearly double the production capacity of battery cells for energy storage systems (ESS) at its Michigan, US, factory by the end of 2026.

CEA has recently released two battery energy storage system (BESS) reports for Q2 2025, the Energy Storage System Price Forecasting Report and the ESS Supply, Technology, and Policy Report.

Three companies, Ultion Technologies, Ultium Cells and SK On have recently announced plans to begin manufacturing lithium iron phosphate (LFP) battery cells in the US.

The US Department of Commerce has provisionally decided to impose anti-dumping (AD) tariffs on active anode material (AAM) product imports from China of 93.5%, bringing the total tariff on them to 160%.