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Latest Coverage

EU's Battery Act Forces European Gigafactory Rescue After Northvolt Collapse

The European Commission's Industrial Accelerator Act reshapes battery manufacturing incentives to salvage Europe's EV supply chain after Northvolt's bankruptcy and cascading project cancellations.

17h ago

USA Rare Earth starts first U.S. magnet factory in decades

USA Rare Earth commissioned commercial NdFeB magnet production in Oklahoma, backed by $1.6B in CHIPS Act funding, breaking China's 92% global manufacturing monopoly.

1d ago

UK commits £380M to Tata's Somerset battery gigafactory

Britain formally funds Agratas' 40 GWh battery plant to supply Jaguar Land Rover, signaling a shift from pledges to deployed capital in Europe's race to onshore cell production.

3d ago

Critical Metals locks $835M Greenland rare earth deal, sealing Western supply

Critical Metals acquires full control of Tanbreez, Greenland's 4.7-billion-tonne rare earth deposit, for $835M, directly challenging China's stranglehold on refined magnet materials.

4d ago

USA Rare Earth ships first domestic NdFeB magnets, backed by $1.6B CHIPS funding

USA Rare Earth commissioned its Oklahoma magnet factory in Q1 2026 with government and private backing totaling $3.1 billion, becoming the first integrated rare earth supply chain under U.S. ownership.

5d ago

UK bets £380m on battery gigafactory to fill Europe's supply gap

UK government grants £380m to Tata's Agratas for a £4bn Somerset battery gigafactory with 4,200 jobs, anchored to JLR's EV line — but Europe's 100 GWh demand by early 2030s needs at least one more major plant.

6d ago

Critical Metals Seizes Greenland Rare Earth, Eliminates China Chokepoint

Critical Metals Corp. pays $835M to consolidate 100% of Tanbreez, Greenland's largest rare earth deposit, securing 75% offtake coverage and $120M EXIM financing—the first major Western supply chain breakout from Chinese HREE dominance.

7d ago

Verkor's Dunkirk Gigafactory Enters Serial Production, Europe's Battery Gamble Accelerates

Verkor's 16 GWh Dunkirk battery gigafactory completed commissioning ahead of schedule and entered final validation, with serial production imminent — the first major European cell factory built without Chinese operators now racing to supply Renault's EV ramp.

13d ago

SK Hynix mass-produces 192GB SOCAMM2 for AI servers

SK Hynix began mass production of 192GB SOCAMM2 memory modules on April 20, 2026, targeting NVIDIA Vera Rubin AI servers — but trails Micron's 256GB samples and faces Samsung's warpage breakthrough.

16d ago

USA Rare Earth Commissions First U.S. NdFeB Magnet Line, $1.6B CHIPS Backing

USA Rare Earth turned on its Stillwater, Oklahoma sintered magnet production line March 26, 2026, backed by $1.6B in CHIPS Act funding and a $1.5B private raise. The facility converts USAR from pre-revenue development into a live manufacturer.

17d ago

China's New Supply Chain Law Penalizes Western Corporate Exit

China enacted Order No. 834 on April 7, immediately effective, creating the first dedicated regulatory framework to penalize foreign companies that reduce China exposure — no intent required, applies to subsidiaries globally, and directly conflicts with U.S. export controls and IRA domestic content rules.

20d ago

UK Backs Agratas Battery Plant With £380M, Names JLR as Buyer

UK government commits £380 million to Agratas gigafactory in Somerset, with Jaguar Land Rover as anchor customer and 40 GWh annual capacity target, positioning Europe to reduce battery import dependence.

21d ago

USA Rare Earth commissions first U.S. NdFeB magnet line, 600 metric tons by 2026

USA Rare Earth began shipping sintered neodymium magnets from its Stillwater, Oklahoma facility in Q2 2026, the first commercial-scale domestic production line backed by $1.3B+ federal funding — directly confronting China's 90% global supply monopoly.

23d ago

EVE Energy commits $1.6B to 110 GWh battery capacity in two weeks

Chinese battery maker EVE Energy announced ¥11 billion ($1.6B) in dual manufacturing expansions adding 110 GWh of energy storage capacity, signaling aggressive bet on grid storage over EV powertrains.

25d ago

UK Awards £380M to Tata's Battery Arm for Somerset Gigafactory

The UK government committed £380 million ($510M) to Agratas (Tata Group) for a 40 GWh battery gigafactory in Somerset, targeting end-2027 production for anchor customer Jaguar Land Rover — a direct government subsidy bet on European battery independence.

26d ago

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