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The global lithium battery landscape is undergoing changes, and the bankruptcy of Northvolt has triggered a chain reaction in the industry In 2025, Northvolt, Europe's largest battery manufacturer, filed for bankruptcy protection in the United States due to the rapid depletion of funds and the cancellation of orders by BMW. Northvolt was once regarded as the "hope of European lithium batteries" and received support from Volkswagen, Goldman Sachs and others. Its bankruptcy exposed problems such as slow technology transformation, weak cost control and weak market competition in the European lithium battery industry. This incident has triggered a chain reaction in the industry. On the one hand, it has created market space for Chinese lithium battery enterprises to expand overseas and accelerated the global lithium battery industry pattern to tilt towards China. On the other hand, it also warns global lithium battery enterprises that they need to strengthen the control of technology, cost and market risks, and reshape the competitive order of the international lithium battery industry.

Catl is deepening its European layout and advancing its global strategy through joint venture battery factories In 2025, CATL will continue to expand its overseas presence and deepen its cooperation with Stellantis to jointly build a battery factory in Spain. Each party will hold a 50% stake, with a total investment of 4.038 billion euros. The planned annual production capacity of batteries is 50GWh, and the construction period is four years. This is CATL's third lithium battery factory in Europe after those in Germany and Hungary. Relying on the advantages of "full-line delivery + intelligent solutions", it responds to the demands and policies of the European market and strengthens its global supply chain layout. This layout helps CATL consolidate its international market share and also reflects that Chinese lithium battery enterprises are accelerating their globalization, participating in international industrial collaboration and competition, and enhancing their say in the global lithium battery industry.

At the beginning of 2025, the lithium battery market was brimming with vitality, and the commercialization of solid-state batteries was accelerating At the beginning of 2025, the lithium battery market showed multiple positive signals. On the policy front, the domestic policy of trading in old cars for new ones has been intensified, stimulating the demand for new energy vehicles. It is estimated that by 2025, the sales of new energy vehicles in China will reach 16.1 million units, driving the growth of lithium battery demand. In terms of market demand, the production scheduling of the industrial chain increased significantly from January to February. The production scheduling of products such as batteries and lithium iron phosphate cathodes rose sharply year-on-year. Enterprises have a strong willingness to replenish inventories. The development of the new energy vehicle and energy storage industries is the main driving force. In the process of technological innovation, the commercialization of solid-state batteries is accelerating. Byd plans to start batch demonstration and installation of all-solid-state batteries in vehicles in 2027. Changan Automobile has released the "Golden Bell Jar" solid-state battery with an energy density of 400Wh/kg. Domestic equipment manufacturers have also launched all-solid-state complete line solutions. Although they face technical and cost challenges, mass production is expected, which will promote the upgrading of lithium battery material systems.