Global Scans · Batteries · Weekly Summary

• [New] Glencore will supply manufacturing scrap and end-of-life batteries and has invested in Li-Cycle, supporting the development of a new European hub in Italy. Market.us
• [New] As global demand for energy storage continues to escalate, the battery recycling industry is emerging as both an environmental necessity and an economic opportunity, fostering sustainable industrial growth. Market.us
• [New] The U.S. is expected to have 440 gigawatt-hours of battery manufacturing capacity by 2025 and more than 1,000 GWh by 2030. Carbon Credits
• [New] Toyota plans to launch a line of cars featuring the new solid-state battery in 2027 or 2028. Live Science
• [New] By 2026, BYD lithium mines will serve as more than just vital sources of raw materials for battery production, EVs, and energy storage. Farmonaut
• [New] BloombergNEF analysis confirms that LFP batteries will maintain their dominant position in energy storage markets through at least 2035. Discovery Alert
• [New] Tesla's Cybercab, Tesla Semi and Megapack 3 battery will begin volume production in 2026. Sophic Capital
• 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)
• 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
• Battery Innovation: Hyundai is targeting 30% lower costs, 15% higher energy density, and 15% shorter charging times by 2027. Automotive Fleet
• Recovering lithium from used batteries (urban mining) is growing into a vital supply segment by 2026. Farmonaut
• 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)
• 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
• 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

Last updated: 02 November 2025