Next-gen batteries & supply risks

SK On & Factorial scale SSB (FEST, 375 Wh/kg); Stellantis targets 2028. CATL margins slip, record buyback reveals cash cycle risks. Solid-state market forecast 62.5% CAGR to $3.4B by 2035. Integrals Power wins UK govt £2M for LMFP. Europe battery chain gains momentum. Honda partners with QuantumScape. Lithium price testing $18k floor.