全球储能：电池周报（2025年11月10日）

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 10 November Asia •Samsung SDI in talks to supply ESS batteries to Tesla. (The Elec). Samsung SDI was in talks with Tesla to potentially supply 10GWhof lithium iron phosphate (LFP) batteries for energy storage systems (ESS) for three years, TheElec has learned. The South Koreanbattery maker was considering supplying the batteries through its joint factory with Stellantis in Indiana state in the US. If a deal is signedbetween Samsung SDI and Tesla, it will begin in 2027 at the earliest, sources said. Samsung SDI declined to comment on the matter.Tesla has been using prismatic LFP cells from Chinese suppliers such as CATL for its ESS. However, due to US government restrictions onChinese battery imports, US companies need to look for alternative suppliers. •LG Chem and Sinopec team up to make sodium-ion battery materials. (BNEF). Battery manufacturer LG Chem said it signed a pact withSinopec last month to develop cathode and anode materials for sodium-ion cells, according to a statement on Tuesday. Sinopec is China’slargest refiner of crude oil, but like many of its oil and gas peers the company is also developing new energy businesses. Sodium-ion cellshave the potential to reduce costs as their raw materials are cheaper compared to lithium, which currently dominates battery chemistry.Other possible benefits include better safety, and heightened performance at cooler temperatures. However, take up has been relativelyslow. According to BloombergNEF, the technology will play a smaller role in energy storage than previously expected as prices of lithium-iron-phosphate batteries decline. •CATL sees progress in bid to restart key China lithium mine. (BNEF). CATL has been told how much it should pay for the rights to itskey lithium mine in China, another sign of progress in the battery maker’s bid to restart the operation that’s been halted since August.The Chinese company is required to pay 247 million yuan ($35 million) for the lithium mining rights at its Jianxiawo project in Yichuncity, according to the website of Jiangxi province’s Department of Natural Resources, which shows a valuation report submitted by agovernment-appointed asset appraisal company. •Chinese EV makers scramble for CATL batteries to deliver more cars before extra tax costs hit. (CNEV Post). With China's new energyvehicle (NEV) purchase tax incentive set to decrease next year, automakers are scrambling for batteries to deliver more vehicles in the lastquarter of this year. Purchasing personnel from several Chinese automakers recently visited CATL's headquarters sales office to securebattery capacity in the final quarter before the NEV purchase tax incentive drop, local media outlet LatePost reported yesterday. Unlikethe widespread battery shortages seen in 2021-2022, the current supply bottleneck is concentrated in CATL's high-end, high-nickelsystem products, the report noted. These batteries primarily power mid-to-high-end models priced above RMB 300,000 ($42,130),such as Nio Inc's ES8 SUV, Li Auto's Li i8 SUV, and Xiaomi's YU7, SU7 Ultra, and SU7 Max. CATL currently prioritizes guarantees andpreferential terms for automakers that exclusively use its batteries and have high shipment volumes, the report said. Premium batteryproduction lines from some smaller second-tier battery manufacturers have also been fully booked, with certain facilities operating atover 110 percent capacity utilization -- running at full throttle -- according to the report. •China's Tinci soars after landing two long-term orders for battery materials from Gotion, CALB. (Yicai). Volkswagen Group-backed Gotionwill buy 870,000 tons of electrolytes from Tinc from next year through 2028, the Guangzhou-based supplier announced late yesterday,citing a deal the pair inked on the same day. In addition, Tinci penned a separate deal with CALB to provide it with 725,000 tons ofelectrolytes in the same period, it added. The actual amount of electrolytes to be supplied, product specifications, price per unit, deliverytime, and other details are subject to the purchase orders that still need to be signed between Tinci and the two buyers, the companynoted. Based on a rough calculation using the current average price of electrolytes for lithium-iron phosphate batteries, the two deals will be worth a total of no less than CNY33 billion (USD463.2 million). The price of electrolytes used in ternary lithium batteries is even higher. •China says its new energy storage capacity tops 100 gigawatts. (BNEF). China said its capacity for new energy storage exceeded 100gigawatts by the end of September, further cementing the country’s leading position in the sector. The total capacity for new energystorage, which excludes pumped hydro and mostly refers to battery-based systems, has grown by more than