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Electrovaya Announces Estimated Preliminary Unaudited Q4 FY2025 Revenues at $20 million(1) and Full Year FY2025 Revenue at $64 million(1)
Accessnewswire· 2025-10-06 11:00
Preliminary unaudited results indicate record quarterly and annual revenue, beating internal guidance by over 5% and representing approximately 43% annual growth Deliveries in the quarter included core material handling battery system products in addition to initial deliveries of robotic battery products TORONTO, ON / ACCESS Newswire / October 6, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (Nasdaq:ELVA)(TSX:ELVA), a lithium-ion battery technology and manufacturing company, today announced its p ...
LLBS completes battery precursor plant in South Korea
Yahoo Finance· 2025-10-06 09:05
Core Insights - LS-L&F Battery Solution (LLBS) has completed the construction of a new battery materials plant in the Saemangeum industrial complex, South Korea [1] - The facility, costing KRW 1 trillion (approximately US$ 708 million), is set to begin trial production in Q4 2025, with an initial capacity of 20,000 tons of battery precursor materials per year, aiming to expand to 120,000 tons by 2029 [2] - The plant will play a strategic role in localizing the precursor supply chain and reducing dependence on China, enhancing the trust of global clients by supplying cathode materials for various electric vehicles and energy storage systems [4] Production Capacity and Timeline - The new facility will start commercial production early next year, contingent on the completion of a nearby nickel sulfate feeder plant by LS Group's affiliate, LS MnM, which is expected to have a production capacity of 62,000 tons by 2029 [3] - The planned expansion to 120,000 tons of precursor materials will be sufficient to support the production of 1.3 million electric vehicles [2] Strategic Importance - The Saemangeum plant is positioned as a strategic hub amid a global reorganization of the precursor supply chain, aiming to strengthen supply reliability for premium and mass-market electric vehicles as well as large-scale energy storage systems [4]
Nano One Pre-Qualifies Lithium from Rio Tinto for LFP Cathode Production and Provides Strategic Collaboration Update
Accessnewswire· 2025-10-06 07:05
Highlights: Nano One has pre-qualified lithium raw materials from Rio Tinto for LFP cathode production The LFP cathode was made with Nano One's One-Potâ"¢ process Nano One continues to secure strategic supply chain relationships to support technology licensing growth model VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / October 6, 2025 / (TSX:NANO)(OTCQB:NNOMF)(Frankfurt:LBMB) Nano One® Materials Corp. ("Nano One" or the "Company"), a process technology company specializing in lithiumion battery cathode act ...
Jim Cramer on Microvast: “that’s a great spec for now”
Yahoo Finance· 2025-10-04 21:01
Company Overview - Microvast Holdings, Inc. (NASDAQ:MVST) focuses on developing and manufacturing lithium-ion battery technologies, components, and chemistries for electric vehicles and energy storage [1]. Financial Performance - For the six-month period ending August 11, the company reported a net loss of $44.3 million, an improvement from a net loss of $126.4 million during the same period last year [1]. - The company generated revenue of $207.8 million, reflecting a 26% year-over-year increase [1]. - Management expects revenue growth of 18% to 25% year-over-year for the full year 2025 [1]. Market Sentiment - There is significant interest in battery technology from Washington, which could positively impact Microvast Holdings [1]. - Jim Cramer suggested that Microvast could be a good speculative investment, indicating potential market interest [1].
Munoth-CosMX joint-venture to ramp up lithium-ion manufacturing in India
The Economic Times· 2025-10-02 18:30
Chennai-based lithium-ion (Li-ion) cell manufacturer The venture, subject to regulatory approvals, plans an initial investment of ₹500 crore to expand capacities at Munoth's existing Tirupati campus, where it already produces Li-ion cells for power banks purchased by US-based Anker, among others.Earlier this month, Japan's Contract manufacturer Live EventsIndustry executives said Dixon will invest ₹500-600 crore in a new facility to produce Li-ion cells for captive consumption as well as for supply to othe ...
Matthews International Prevails in Federal Court Ruling Affirming Arbitration Award Against Tesla
Globenewswire· 2025-10-02 17:34
Core Insights - The United States District Court for the Northern District of California confirmed an arbitration decision in favor of Matthews International Corporation, denying Tesla's attempt to overturn it [1] - This ruling reinforces Matthews' leadership in the design and manufacturing of continuous process machinery for battery electrode production, particularly its proprietary dry battery electrode (DBE) solutions [2] Company Overview - Matthews International Corporation operates through two main segments: Industrial Technologies and Memorialization, focusing on operational efficiency and long-term growth through innovation [3] - The Industrial Technologies segment is a global innovator in precision technologies, while the Memorialization segment provides products such as memorials and cremation equipment [3] - The company employs over 5,400 individuals across 19 countries, committed to delivering high-quality products and services [3]
NEO Battery Signs Multi-Year Offtake Agreement for Silicon Battery Materials with North American Drone & UAS Battery Company
Globenewswire· 2025-10-02 12:00
TORONTO, Oct. 02, 2025 (GLOBE NEWSWIRE) -- 50 Metric Ton Multi-Year Offtake Supply Agreement of High-Performance Silicon Battery Material Technology with North American Lithium-Ion Battery CompanyTo Jointly Develop and Optimize Lithium-Ion & Lithium-Polymer Battery Products for Unmanned Systems, Drones, and Defense-Related Mobile Systems Targeting to Enhance Energy Density, Charging/Discharging Rate Capabilities with Safety, and High Power Output Active Progress on 20 TPA Production Scale-Up of Silicon Bat ...
Dragonfly Energy to be Awarded Nevada Tech Hub Funding to Advance Battery Manufacturing and Workforce Development
Globenewswire· 2025-10-02 11:30
Core Insights - Dragonfly Energy Holdings Corp. has been selected for funding by the Nevada Tech Hub to enhance its lithium battery manufacturing capabilities and workforce development [1][2][3] - The funding, approximately $300,000, will support modernization initiatives aimed at improving efficiency and reducing costs [3][8] - The company plans to expand its skilled workforce through training and hiring initiatives, contributing to Nevada's lithium battery ecosystem [4][5] Company Overview - Dragonfly Energy specializes in lithium battery technology, including cell manufacturing and battery pack assembly, and is known for its Battle Born Batteries brand [7][9] - The company utilizes a patented dry electrode manufacturing process, allowing for versatile power solutions across various applications [9] Industry Context - Nevada Tech Hub is part of a national initiative to strengthen the lithium battery supply chain and critical materials ecosystem [2][10] - The program aims to create a closed-loop lithium economy in Nevada, encompassing extraction, processing, manufacturing, and recycling [10]
Could Buying QuantumScape Stock Today Set You Up for Life?
The Motley Fool· 2025-10-02 08:27
Core Viewpoint - QuantumScape is a speculative investment in the solid-state battery sector, with significant stock price appreciation despite no revenue generation yet [1][10]. Company Overview - QuantumScape develops solid-state lithium batteries that utilize solid-state electrolytes, offering advantages such as higher charging capacities, faster charging times, and improved thermal resistance compared to traditional lithium-ion batteries [2][4]. - The company aims to introduce its QSE-5 batteries to the electric vehicle (EV) market, which have an energy density of 844 watt hours per liter (Wh/L) and can charge from 10% to 80% in 12.2 minutes [4]. Production and Financial Outlook - QuantumScape has not yet commercialized its products, initially targeting 2024 for commercialization but currently only shipping samples to automotive partners [5]. - Analysts project a slight reduction in net loss from $478 million in 2024 to $457 million in 2025, with expectations of generating $5 million in revenue in 2026 and $62 million in 2027 [5][8]. Strategic Partnerships - The company has shifted from manufacturing its own batteries to a licensing model, with Volkswagen's battery division PowerCo as its first major customer [7]. - QuantumScape has expanded its partnership with Volkswagen, securing milestone payments to extend its cash runway through 2029 [8]. Market Potential and Competition - The solid-state battery market is expected to grow at a compound annual growth rate of 56.6% from 2025 to 2030, positioning QuantumScape as an early mover in this expanding market [9]. - However, the company faces competition from established automakers like Toyota and other startups, which could impact its market position if they commercialize their solid-state batteries first [10]. Valuation Concerns - With a market cap of $7.17 billion, QuantumScape is valued at 116 times the revenue expected in 2027, raising concerns about its current valuation relative to growth potential [10].
Why QuantumScape Stock Jumped Over 15% Today
The Motley Fool· 2025-10-01 19:30
Core Insights - QuantumScape's stock has more than doubled in three months, driven by a new partnership that investors view as a significant milestone [1] - The partnership with Corning aims to develop ceramic separators for QuantumScape's solid-state lithium-metal batteries, enhancing safety, energy density, longevity, and charging speed [2][3] Partnership Details - The collaboration with Corning, a leading manufacturer of glass and ceramics, is a strong endorsement of QuantumScape's technology and is focused on scaling production of critical battery components [3] - QuantumScape has an existing partnership with Volkswagen's battery subsidiary, PowerCo, which includes a $131 million investment to accelerate the development of its QSE-5 battery [4][5] Product Development - The QSE-5 is QuantumScape's first planned commercial battery cell, recently demonstrated during a Volkswagen press conference [5] - The company is also exploring ceramics production with Murata Manufacturing, targeting the Japanese market [5] Market Position - QuantumScape's stock remains in the spotlight with its recent partnerships and plans for field testing of battery cells in 2026 [6] - Despite the stock's significant increase and a market cap exceeding $8 billion, the company has yet to generate sales from its core product and establish profitability [6]