Benchmark and SEIA logos over utility-scale battery storage site

INSIGHTS

13 Apr 2026

57.6 GWh: America's Biggest Battery Year Yet

US battery storage hit a record 57.6 GWh in 2025, a 30% jump over the prior year driven by LFP chemistry and a pivot away from EVs

Robotic arms assembling lithium-ion battery pack

MARKET TRENDS

2 Apr 2026

Cheap Batteries, Costly Dependence

Record-low LFP battery prices mask a critical supply vulnerability: nearly all global grid storage depends on Chinese manufacturing

McKinsey & Company logo on corporate building facade

INSIGHTS

30 Mar 2026

Half the Market, None of the Drama

McKinsey projects lithium iron phosphate will reach 47% of North American battery demand by 2030, lifted by cost gains and policy support

Lithium iron phosphate battery cells arranged in trays during manufacturing

INNOVATION

25 Mar 2026

AI Is Hungry. Tennessee Has the Batteries.

Ultium Cells invests $70M to retool its Tennessee plant for LFP energy storage, recalling 700 workers for Q2 2026 production

LiCAP Technologies battery facility exterior signage

INNOVATION

20 Mar 2026

Can Dry Electrodes Close the EV Cost Gap?

LiCAP Technologies targets 50% cost cuts with a solvent-free LFP electrode process now at commercial scale

Containerized battery storage units installed outdoors on gravel site

INSIGHTS

16 Mar 2026

The Iron Age of American Energy

America’s appetite for LFP batteries is set to triple by 2033 as the Southeast transforms into a manufacturing powerhouse for the electric...

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