Global Scans · Batteries · Weekly Summary

• [New] Battery prices for BEVs sold in the EU could fall by over 30% by 2030. G&M Direct Hire
• [New] BMW is investing $800 million in battery assembly in San Luis Potosi ahead of EV production in 2027. The Rio Times
• [New] Solar, wind and batteries are expected to account for 93% of new power capacity added in 2026. ""
• [New] By 2040, recycled batteries could supply up to 60% of global cobalt demand and 53% of lithium demand. AZoCleantech
• [New] Standalone and co-located battery energy storage systems deals are rising, with strong growth underpinned by additions expected through 2026, with the United States projected to be installing almost 15 GW of new BESS capacity in 2026. Yahoo Finance
• [New] Australian mining giant Fortescue has accelerated its timeline for deploying a 1.8 GW renewable energy portfolio, paired with 4-5GWh of batteries, which it now expects to begin commercial operation by 2028. PV Tech
• [New] What will become the new world's largest sand battery is already under construction and is scheduled for completion in summer 2027. Forbes
• [New] The bottom line: National EV sales share hit 9.1% in 2025 and is projected to reach 11.8% in 2026, despite the credit repeal, driven by state policies and declining battery costs. quorum
• [New] ABI Research expects 5G-enabled wearables to grow from 1.3 million units in 2026 to 66.9 million by 2031 as RedCap matures and battery performance improves. Yahoo Finance
• [New] U.S. and European companies see a rare opportunity to compete with China on batteries that release energy for much longer than lithium-ion batteries can. Los Angeles Times
• [New] Battery cost targets for 2027 include a 30% reduction and 15% shorter charge times. EVinfo.net
• Battery and energy storage solution provider Shuangdeng Group plans to invest in a 12 GWh semi-solid battery project for artificial intelligence data center applications under an agreement with the Jiangsu Xuyi Economic Development Zone. TaiyangNews - All About Solar Power
• True solid-state batteries achieving competitive cost and manufacturing yields are more realistically positioned for high-volume commercialization in the early 2030s. Battery Technology
• Lithium solid-state batteries promise higher energy density and safety, but manufacturing challenges delay commercialization until the 2030s. Battery Technology
• Electric construction equipment markets are projected to reach US$ 18 billion by the early 2030s, with CAGRs around 13% as excavators, loaders, dozers, and cranes shift to battery-electric or hybrid architectures. Persistence Market Research
• Propulsion leadership: Battery electric vehicles hold roughly 63% share and are also the fastest-growing propulsion segment, supported by zero-emission mandates and improving Li-ion economics, with BEV OHEV CAGRs often exceeding 14% through the early 2030s. Persistence Market Research
• In 2026, manufacturers will introduce advanced battery technologies that allow scooters to travel even further - up to 80-100 km on a single charge. Zetbuy
• BMW's USD 800 million investment to build a lithium-ion battery assembly center in San Luis Potosi ahead of full EV production in 2027 illustrates how the electric-vehicle transition is deepening Mexico's automotive relevance. The Rio Times
• Global battery energy storage system deployment reached approximately 16 GWh in 2024, with projections approaching 100+ GWh by 2030. Discovery Alert

Last updated: 26 April 2026