Global Scans · Batteries · Weekly Summary

• [New] In 2022, Umicore launched a new business unit, Battery Recycling Solutions, with a plan for a significant capacity, with a 150,000-tonne battery recycling plant by 2026. Knowledge Sourcing Intelligence (KSI)
• [New] Tesla's patent indicates a focus on 'alloying anode materials' which could address the limitations typically associated with sodium-ion batteries, such as energy density and cycle life, thus paving the way for cells that could rival their lithium-ion counterparts. Tesla Mag
• [New] Battery Innovation: Hyundai is targeting 30% lower costs, 15% higher energy density, and 15% shorter charging times by 2027. Automotive Fleet
• [New] Recovering lithium from used batteries (urban mining) is growing into a vital supply segment by 2026. Farmonaut
• [New] As demand for electric vehicles (EVs) grows worldwide, volumes of battery production scrap and end-of-life batteries will increase exponentially. Knowledge Sourcing Intelligence (KSI)
• [New] Cost declines of around 90% have made storage one of the fastest-evolving assets in energy, and forecasts suggest global battery-storage volumes could increase by two-thirds in 2025 and grow several-fold by 2030. Forbes
• [New] With approximately 100 million vehicle batteries projected to reach end-of-life over the next decade, inadequate recycling capacity creates both environmental concerns and supply chain vulnerabilities. Shaffer Construction, Inc.
• The EV Batteries industry will benefit the most from the Chinese government's anti-involution efforts. Morgan Stanley
• Battery storage projects face risk from new Foreign Entity of Concern rules, which could disqualify projects with significant exposure to Chinese supply chains. WoodMac.Site.Features.Shared.ViewModels.Metadata.Publis
• Tesla could disrupt the automotive and power generation industries with its technology for EVs, automated vehicles, batteries, and humanoid robots. Morningstar, Inc.
• Critical mineral demand from EVs and battery storage alone will grow tenfold by 2040 under its Stated Policies Scenario. Default
• Some geothermal fluids contain valuable minerals; lithium concentrations in the groundwater of California's Salton Sea region could potentially supply battery manufacturers. UND Today
• Analysts expect chip shortages 2025 to become more severe, with extended lead times for GPUs, batteries, and MEMS parts. / USA technovatix.info
• EV Adoption Ramp-Up: With projections that over 50% of new cars sold in the US will be electric by 2030, lithium demand from battery manufacturers is soaring. Farmonaut
• By 2025, American and North American lithium miners will supply a majority of battery minerals needed for EVs, grid-scale storage, and green infrastructure projects in the United States and Canada. Farmonaut
• By 2025, American lithium production is projected to supply up to 60% of North America's battery manufacturing needs. Farmonaut
• By embracing innovative solutions and sustainable methodologies, the global lithium ion battery mining sector will continue to play a vital role in shaping a cleaner, more resilient, and technologically advanced energy future. Farmonaut
• In 2025, lithium demand is projected to grow by over 25%, fueled by battery advancements and sustainable mining practices. Farmonaut
• Battery recycling could reduce primary mineral demand by 12% by 2040, while also mitigating the environmental impact of battery disposal and reducing dependence on new mineral extraction. Shaffer Construction, Inc.
• GM expects to reduce EV costs by up to $6,000 per vehicle through the Ultium platform and the adoption of lithium iron phosphate (LFP) battery technology, anticipating average EV battery costs to decrease significantly by 2025. The Pilot News
• Companies specializing in advanced battery technology, such as QuantumScape or Solid Power, could see increased demand for their high-density, lightweight power solutions essential for eVTOLs. The Daily Press

Last updated: 26 October 2025