"Driven by regulatory requirements and subsidy incentives for EVs in Europe and the United States, Aleees continued to expand its presence in multiple market segments in 2024. It has been confirmed that global energy storage batteries will primarily adopt LFP technology as their development axis. Meanwhile, numerous automakers have also chosen LFP batteries for both passenger electric vehicles and electric trucks. Consequently, Aleees certified customers are expected to receive shipments for not only energy storage batteries before 2028, but also for a wide range of electric mobility applications, including passenger EVs and electric trucks. Since 2022, Aleees has positioned itself as a lithium intellectual property (IP) supplier by authorizing technology-transfer customers to begin mass production and supply to customers in Phase 4. Aleees will continue focusing on product Aleees’ Product Development & Validation Instructions(202501)development and servicing customers in Phases 1 through 3. By adopting a division-of-labor and collaborative approach, the Company aims to reduce the concentration risk in its customers’ supply chains.
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