Contemporary Amperex Technology Co. Limited (CATL)

Ampace: UPS

Ampace, headquartered in China, develops Li-ion battery technologies for energy storage systems, micro electric vehicles, and industrial power tools. The company is commercializing LFP UPS (uninterruptible power supplies) for data centers.

Sodium-ion Market Updates From China

China is at the forefront of sodium-ion battery (Na-ion) development, with strong government support, industry investment, and technological innovation driving its growth. Home to the majority of Na-ion companies, China leads in patents (84% of global filings) and is accelerating commercialization through capital alliances and large-scale production plans. The 14th Five-Year Plan prioritizes Na-ion research, with a 100 MWh-class energy storage system targeted by 2025. Key players like CATL, BYD, and HiNa are scaling production, but actual output remains low—0.9 GWh in 2023 to 2.4 GWh in 2024, well below the 50-100 GWh targets for 2025. Scaling challenges include cell quality, energy density, and cycle life improvements, while falling LFP battery costs and supply chain uncertainties add further hurdles. Despite these obstacles, China's Na-ion industry is rapidly evolving, positioning the technology as a viable low-cost, sustainable alternative to lithium-ion.

How The Aerogels Market Will Evolve Over The Next Decade

Since 2020, the emergence of aerogels as a fire protection material for electric vehicle (EV) batteries has provided a new and rapidly growing opportunity for the aerogel market. According to the latest IDTechEx market report, "Aerogels 2025-2035: Technology, Market, Forecasts", the adoption in EV thermal barriers has helped drive the aerogels market to exceed US$1 billion in 2025.

Merdeka Battery Materials

PT Merdeka Battery Materials Tbk (MBMA) is a player in Indonesia's strategic materials and electric vehicle (EV) battery materials value chain focused on integrated operations.

How Electric Vans Could Soon Become Cheaper Than Diesel

With global cargo and e-commerce demand set to skyrocket over the next 20 years, electric light commercial vehicles (eLCVs) will play a crucial role in the decarbonization of transport. eLCVs are now technologically mature enough to compete with current combustion vehicles on virtually all performance metrics. However, before they can be adopted en-masse into commercial fleets, they must first demonstrate that they can be financially competitive too.

EV Battery Cell-to-Pack Ratio Trends

Innovation map of electric vehicle battery cell-to-pack ratio trends.

BEV Cathode Chemistry Market Trends

Innovation map for battery electric vehicle (BEV) cathode chemistry market trends.

Hyundai

This profile analyzes Hyundai's progress in electrification and automotive technologies in 2024.

The Future of Li-ion Battery Technology

The Li-ion industry continues to innovate to reach higher energy densities, faster charge and higher rate capabilities, longer lifetimes, lower costs, and lower environmental impact from their production to better meet the demands of the markets and applications reliant on battery and energy storage technology.