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CATL lawsuit threatens IPO of Hithium
China’s Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery manufacturer, has filed a lawsuit accusing Hithium, a fast-growing rival, of unfair competition – a move that could jeopardize the latter’s upcoming initial public offering (IPO) in Hong Kong.
10 hours ago
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Tesla deploys 9.6 GWh of battery storage in Q2, 10 GWh Nevada cell factory ‘nears completion’
The electric vehicle company reported flat energy storage growth, quarter over quarter, but nearly 50% growth year-to-date, compared with 2024. Tesla has deployed 37.9 GWh over the past four quarters and is approaching 100 GWh deployed.
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A 920% tariff on anode materials from China “would throw the economics of U.S. storage out of whack”
Battery installations in the U.S. are threatened by the imposition of anti-dumping, countervailing duties on active anode materials. The supply chain for Active Anode Materials (AAM) is dominated by Chinese producers, with attempts to establish the full supply chain outside of China years away.

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