Core Viewpoint - Small investors in Germany are expressing frustration over being excluded from opportunities to invest in companies undergoing restructuring, which has resulted in their total loss of investment [1][2][3]. Group 1: Company Restructuring - Companies like Varta AG, Leoni AG, and Mynaric AG have utilized the StaRUG process for debt restructuring, leading to the complete loss of equity for small shareholders [1][2]. - In these restructuring efforts, only major shareholders and creditors were allowed to contribute new capital, leaving minority investors feeling marginalized and indignant [2][3]. Group 2: Legal and Expert Opinions - Small investors are seeking intervention from Germany's constitutional court to address their grievances regarding exclusion from new capital opportunities [3]. - Restructuring experts highlight that investing in distressed companies is inherently risky, and the existing investments of small shareholders are often rendered worthless [4]. Group 3: Advocacy for Small Shareholders - Advocates argue that small shareholders should have the opportunity to participate in potential recoveries, citing the example of BayWa AG, which allowed ordinary shareholders to contribute during its restructuring [5]. - The inclusion of small shareholders in recovery efforts is viewed positively, as it acknowledges their loyalty to the company [6].

Flash | 09 Jan 2026 10:19:47 ET │ 10 pages China Battery Materials Our read on the latest policy attitudes on batteries CITI'S TAKE The Ministry of Finance announced cuts to tax rebates for battery exports to 6%, from 1st Apr to 31th Dec 2026, and remove tax rebates from 1st Jan 2027 (see Xinhau). MIIT also hosted a meeting to emphasize anti- involution along the battery chain, regulating disorderly competition as of 7th Jan 2026 (see Sina, 8th Jan). Our read on the latest policies on batteries includes: (1 ...

Core Insights - Dragonfly Energy Holdings Corp. has achieved significant milestones in 2025, including improved financial stability, expanded OEM partnerships, and successful deployment in heavy-duty trucking, marking a return to year-over-year revenue growth [1][5]. Financial Performance - The company raised approximately $90 million through three common stock offerings and executed a debt restructuring, reducing total debt principal to $19 million with lower interest rates and extended covenant flexibility through 2026 [3][4]. - The restructuring allowed the company to regain compliance with Nasdaq listing standards, addressing market cap, stockholder's equity, and minimum bid price requirements [4]. Business Strategy - Dragonfly Energy aims to revolutionize energy storage through manufacturing innovations, focusing on Lithium-ion battery adoption and domestic production [2]. - The company emphasizes vertical integration, combining cell manufacturing with battery pack assembly and full system integration, positioning itself as a comprehensive power systems provider [7][8]. Market Position and Growth - The RV market has shown a 45% year-over-year increase in Dragonfly Energy's OEM business in Q3 2025, despite the overall industry being flat, indicating significant market share gains [9]. - Heavy-duty trucking is identified as a key growth opportunity, with the company collaborating with PACCAR to validate its technology for idle reduction solutions [11][12]. Product Development and Innovation - Dragonfly Energy's unique dry aerosol-based manufacturing process for battery electrodes allows for significant cost reductions and the production of all-solid-state batteries, supported by a growing patent portfolio of nearly 100 patents [6]. - The company has successfully expanded its systems into marine and rail sectors, reinforcing its reputation for reliability and innovation across multiple industries [15]. Future Outlook - Despite ongoing economic challenges, the company is optimistic about growth prospects in 2026, driven by momentum in RV, trucking, and adjacent markets [16][17].

Core Viewpoint - NextSource Materials Inc. has successfully received the first shipment of equipment for its proposed Battery Anode Facility in Abu Dhabi, marking a significant step in its downstream value-add strategy [1] Group 1: Company Developments - The shipment includes long-lead items for anode processing that the company had previously procured [1]

Core Insights - Clarios has launched the Trailer Battery Manager, enhancing its Connected Services platform by providing real-time insights into trailer battery health and charge status, which helps prevent liftgate failures and ensures timely deliveries [1][4][6] Group 1: Product Features - The Trailer Battery Manager is particularly beneficial for temperature-controlled transport, ensuring stable power supply for refrigeration units on trailers carrying sensitive goods like food and pharmaceuticals [2] - This new feature allows fleet operators to monitor the health and charge status of all critical heavy-duty truck low-voltage batteries in one centralized platform [3] - The system sends alerts for undercharged or nearing end-of-life trailer batteries, helping operators avoid costly delays and fines, which can exceed $700 per incident [6] Group 2: Customer Impact - The feature was developed in response to customer feedback, empowering fleet managers to monitor trailer batteries remotely and take proactive actions, ultimately saving time and money [7] - By providing predictive insights into battery status, the solution enables fleets to plan maintenance proactively, ensuring trailers are always operational for on-time deliveries [5][6] Group 3: Technological Integration - Clarios Connected Services utilizes AI, machine learning, and cloud computing to transform battery data into actionable insights, helping fleets maximize uptime and reduce total cost of ownership [8]

Group 1 - A new company, Yichang BYD Battery Co., Ltd., has been established with a registered capital of 10 million yuan [1] - The company's business scope includes the production of battery components, battery manufacturing, and the manufacturing and sales of electronic special materials [1] - Yichang BYD Battery Co., Ltd. is wholly owned by BYD's subsidiary, Fudi Battery Co., Ltd. [1]

Shenzhen, Jan. 06, 2026 (GLOBE NEWSWIRE) -- In November, the 2025 MLF Phoenix Bass Fishing League (Phoenix BFL) season concluded successfully, completing its full-year competition schedule across multiple divisions throughout the United States. As the exclusive battery sponsor for the MLF Phoenix BFL series, LiTime—a global pioneer in lithium iron phosphate (LiFePO₄) technology—provided hands-on support for event operations and competitor participation. Leveraging this professional competition framework as ...

Core Viewpoint - Donut Lab claims to have developed the world's first mass-producible all-solid-state battery, set to be launched at CES 2026, marking a significant milestone in the electrification of vehicles [1][14]. Group 1: Product Features - The all-solid-state battery offers an energy density of 400Wh/kg, enabling longer range, lighter structure, and unprecedented flexibility in vehicle design [1]. - It can be fully charged in just 5 minutes without the need to limit charging to 80%, supporting safe and reliable full discharge [2]. - Unlike traditional lithium-ion batteries, this solid-state battery has minimal capacity degradation over its lifespan, with a design life of up to 100,000 cycles [4]. - The battery maintains over 99% capacity in extreme conditions, such as -30°C and above 100°C, without any signs of fire or degradation [4]. Group 2: Material and Cost - The solid-state battery is made from abundant, low-cost materials that are geopolitically secure, avoiding reliance on rare or sensitive elements, and shows lower costs compared to lithium-ion batteries [6]. Group 3: Application and Market Impact - The battery's size is comparable to a large smartphone, making it suitable for various applications, including drones [8]. - Donut Lab plans to combine these batteries into larger 5kWh power units, with four units fitting into the frame of the Verge TS Pro motorcycle [10]. - The Verge motorcycles, powered by Donut Lab's solid-state battery, will be the first mass-produced vehicles featuring this technology, with a range of 600 kilometers on a single charge [12]. - Donut Lab is collaborating with WATTEV to create a lightweight modular electric vehicle platform, highlighting the broader implications of solid-state battery technology in the electric vehicle sector [14].

Core Insights - SES AI Corporation is a leader in AI-enhanced high-performance Li-Metal and Li-ion batteries, focusing on innovation through superintelligent AI across its operations [3][4]. Upcoming Events - SES AI will participate in CES 2026 from January 6-9, 2026, at the Las Vegas Convention Center, with opportunities for meetings [1]. - The company will present at the 28th Annual Needham Growth Conference on January 16, 2026, focusing on developments in Drone Battery, Energy Storage Systems, and Materials [2]. - SES AI will also be involved in the NASA Aerospace Battery Workshop from January 20-22, 2026, at NASA Johnson Space Center [3]. Company Overview - Founded in 2012, SES AI is headquartered in Boston and has operations in Singapore, Shanghai, and Seoul, specializing in Li-Metal battery development and manufacturing [3]. - The company aims to power the future of global electric transportation on land and in the air with advanced battery technologies [3].

Summary of Conference Call on China Battery Materials Industry Overview - The focus of the conference call is on the **China Battery Materials** industry, particularly the production pipeline of major battery manufacturers for January 2026. Key Points Production Pipeline Estimates - **ZE Consulting** estimates that the production pipeline of the top five battery makers may decline by **7% month-over-month (MoM)** in January 2026, with **CATL's production** expected to decrease by **10%** [1][2] - This decline is more significant than the market's expectation of a low single-digit decline for January, indicating a weaker production plan than anticipated [1] Factors Influencing Production Decline - The reduction in production is attributed to ongoing negotiations between battery manufacturers and upstream suppliers rather than a significant drop in actual demand [1] - Maintenance plans announced by cathode manufacturers are likely a response to rising lithium carbonate futures prices, as noted by **Tianqi Lithium**, which has adjusted its spot prices to align with futures [1] Cathode Production Insights - Major LFP cathode manufacturers, including **Hunan Yuneng**, **Shenzhen Dynanonic**, and **Jiangsu Lopal**, have announced offline maintenance plans for January 2026 due to rising raw material costs and low processing fees [2] - The cathode production pipeline is projected to decrease by **10% MoM**, with LFP cathodes expected to drop by **13% MoM** and NCM cathodes by **1% MoM** [2] Company Valuation and Risks - **CATL** is valued at **HK$621/share** based on a target multiple of **17.3x 2025E EV/EBITDA**, which is **0.15 standard deviations above** its historical average [5] - The target price implies a **36.5x 2025E P/E** and **27.7x 2026E P/E** [5] - Risks to achieving the target price include lower-than-expected EV demand, increased competition in the EV battery market, and higher raw material costs [6][7] Conclusion - The overall sentiment remains defensive regarding the battery supply chain due to uncertainties in production and tepid demand for electric vehicles (EVs) [1] - CATL is identified as a top pick within the industry, despite the challenges ahead [1]