01 Greater Bay Technology Aims to Launch Mass-Produced Solid-State Batteries This Year
After achieving a breakthrough, the company plans to introduce the world's first mass-producible all-solid-state battery
Greater Bay Technology has announced plans to launch the world's first mass-producible all-solid-state battery this year, following a recent breakthrough in solid-state battery technology. This development is expected to significantly impact the electric vehicle (EV) industry, as solid-state batteries offer improved safety, energy density, and charging speeds compared to traditional lithium-ion batteries. With the ability to mass-produce these batteries, Greater Bay Technology is poised to become a leading player in the EV battery market. According to the company, the new solid-state battery will have a higher energy density and faster charging capabilities, making it an attractive option for EV manufacturers. Electrek
02 Rivian Partners with Redwood Materials on Energy Storage System
The partnership will utilize over 100 used Rivian battery packs to create a 10 MWh energy storage system
Rivian has partnered with Redwood Materials, a battery company founded by Tesla co-founder JB Straubel, to build a second-life battery energy storage system at its EV manufacturing plant in Normal, Illinois. The initial deployment will utilize over 100 used Rivian battery packs, which will be stitched together to create a 10 MWh energy storage system. This system will provide power to the factory during peak demand, reducing the strain on the grid and lowering energy costs. The partnership between Rivian and Redwood Materials demonstrates the growing trend of repurposing EV batteries for energy storage applications, highlighting the potential for closed-loop battery recycling and reducing waste. Electrek
03 CATL Sees Q1 Profit Climb 48.5% with Revenue Jumping Over 50%
The company's strong financial performance is attributed to increased demand for its battery products
CATL, a leading battery manufacturer, has reported a significant increase in revenue and profit for the first quarter of 2026. The company's revenue jumped by over 50% to 12.91 billion yuan, while its net profit climbed 48.5% to 2.07 billion yuan. This strong financial performance is attributed to increased demand for CATL's battery products, particularly from the EV sector. The company's revenue growth is expected to continue, driven by the expanding EV market and the adoption of CATL's batteries by major automakers. CnEVPost