LG Energy Solution (LG ES) posted a profitable second quarter this year, with investments in battery storage in the US and EV cell production in Europe paying off.

CATL’s energy storage division represented 19.23% of the Chinese battery manufacturer’s total revenue in the first half of 2026.

L-H Battery Company commenced lithium-ion (Li-ion) cell production at its Jeffersonville, Ohio, US plant this month, for automotive and stationary power applications.

Japanese consumer electronics giant Panasonic intends to convert its electric vehicle (EV) battery cell manufacturing facility in Kansas, US, to produce batteries for data centre applications, beginning Q3 of 2029.

Yarra Energy Foundation (YEF), a not-for-profit organisation, has commissioned a community battery storage system and two wheelchair-accessible electric vehicle (EV) charging bays in Clifton Hill, an inner-city suburb of Melbourne, Australia.

Ford Motor Company has officially launched its energy storage subsidiary, which the US automaker first announced late last year.

Australia has installed 380,712 home battery storage systems, representing 10.7GWh of storage capacity, since the introduction of the Cheaper Home Batteries Program last year, Chris Bowen, Australia’s minister for climate change and energy, has disclosed.

LG ES posted a quarterly loss in Q1 2026 financial results this morning, partly due to investments in energy storage system (ESS) cell manufacturing.

Tesla’s quarterly energy storage deployments fell 15% while revenues for its energy division dropped 12% year-over-year from Q1 2025 to Q1 2026.

As battery energy storage systems (BESS) and electric vehicle (EV) infrastructure expand in the US and Europe, a clear contrast is becoming evident in their market growth.