全球储能

Neil Beveridge, Ph.D.+852 2123 2648neil.beveridge@bernsteinsg.comBrian Ho, CFA+852 2123 2615brian.ho@bernsteinsg.comHengliang Zhang+852 2123 2629hengliang.zhang@bernsteinsg.com Battery Weekly 12 January America •Donut Lab unveils world’s first production-ready solid-state battery at CES – thepack.news. At CES, Donut Lab introduced what itclaims is the world’s first all-solid-state battery ready for immediate OEM vehicle production, a milestone that could fundamentallyreshape electric mobility. Unlike the many solid-state battery concepts that remain stuck in laboratories or distant roadmaps, DonutLab’s technology is already destined for real-world use, powering Verge Motorcycles’ lineup beginning in Q1 2026. Donut Lab’s all-solid-state battery delivers 400 Wh/kg energy density, enabling longer range with significantly less weight. The battery can be charged to fullcapacity in as little as five minutes, without the typical limitation of stopping at 80%. It also supports safe, full discharge, repeatedly andreliably. Longevity is another standout. The battery is designed for up to 100,000 charge cycles with minimal capacity fade, an order ofmagnitude beyond conventional lithium-ion systems. •General Motors writes off $6 Billion in EV business - electrive.com. The US automaker General Motors (including brands such as Cadillacand Chevrolet) is recording another billion-dollar write-down in its electric vehicle business—this comes less than three months after thelast massive write-down in the segment. This time, the amount is 6 billion dollars. To be precise, the total sum comprises two components:first, a non-cash impairment charge of $1.8 billion; and second, $4.2 billion in actual payments for supplier settlements, contractterminations, and other expenses. These payments will directly affect General Motors’ (GM) liquidity once disbursed. However, GM’s USrival Ford responded even more drastically: in December, it announced a 19.5 billion US dollar write-off for its EV business and, amongother measures, discontinued the battery-electric version of the F-150 pickup. •Rivian suffers 18 per cent delivery decline in 2025 - electrive.com. The American electric vehicle manufacturer Rivian, in whichVolkswagen holds a 12.3 per cent stake, delivered just over 42,000 vehicles last year—18 per cent fewer than the previous year. In thefourth quarter of 2025, the decline was even more pronounced. Rivian delivered only 9,745 vehicles, a substantial 31 per cent dropcompared to the 14,183 units delivered in the same quarter of the previous year and 26 per cent fewer than the 13,201 electric vehiclesdelivered in the third quarter of 2025. Now, hopes rest on the new model R2. •SQM-Codelco eyes 30% lithium expansion in bet on battery demand - BloombergNEF. The world’s biggest source of lithium from brine ispoised to get even bigger in a bet on low costs and a bullish outlook for battery demand. SQM and its new partner Codelco are targetinga roughly 30% production increase in the coming years at the sprawling Salar de Atacama complex in northern Chile, according toCarlos Díaz, recently appointed chief executive of Nova Andino Litio SpA, the venture that now owns the operation. Production exceeded230,000 metric tons last year, the company said, and output is set to rise gradually to 300,000 tons before the end of the decade. SQMis scheduled to report 2025 results late next month. The venture aims to capture double-digit growth in global lithium consumptionas large-scale battery storage adds to demand from electric vehicles. The expansion could pressure higher-cost rivals as the industryemerges from a global glut. Asia •China to cut export tax rebates to ease global trade tensions - BloombergNEF. China will cancel or reduce tax rebates on hundreds ofproducts as Beijing seeks to reassure trade partners concerned about surging Chinese exports. Starting April 1, the Chinese governmentwill remove value-added tax rebates for 249 products, including solar cells, ceramic roof tiles and lithium hexafluorophosphate, theMinistry of Finance said in a statement Friday. The rebate rates on 22 battery-related goods, such as lithium-ion batteries, will be lowered to 6% from 9%, with complete removal planned from Jan. 1 2027, it added. •China urges battery makers to avoid overcapacity, price wars - BloombergNEF. China is urging its battery industry to curb excessivecapacity expansion and avoid cutthroat competition, seeking to guard against the overproduction and price wars that have dogged solarand other renewables. With demand for batteries rising, Beijing will strengthen its supervision of prices and product quality to maintaina fair and competitive market, while unnecessary construction will be “strictly controlled,” according to a statement on Thursday fromthe Ministry of Industry and Information Technology. China’s battery cell production was expected to rise by 32% in 2025, according to aforecast published by BloombergNEF on Nov. 7.