Japan's Imported Auto Sales Fall 12% in January, EV Sales Up 68%

On February 9, MGL announced that the company plans to invest 929 million yuan to build an annual 30,000-ton lithium-ion battery cathode material project. The first phase will involve an investment of 737 million yuan, while the second phase will require 192 million yuan. The project is expected to achieve an annual production capacity of 5,000 tons of high-voltage lithium cobalt oxide, 10,000 tons of NCA material, and 15,000 tons of ultra-high nickel ternary material. The total construction period for the project is 36 months, divided into two phases: the first phase will take 21 months, and the second phase will take 15 months.

On February 9, Easpring announced that the company and ProLogium signed the "Strategic Cooperation Framework Agreement" on February 6. Both parties intend to strengthen cooperation in the fields of solid-state batteries and the new energy industry, leveraging their respective technological advantages to establish a comprehensive strategic partnership in areas such as equity investment, battery material cooperation, product mass production, and supply. This is expected to accelerate the adoption and performance optimization of the company's solid-state battery materials and foster a synergistic and mutually beneficial industrial ecosystem with downstream customers, jointly advancing the mass production process of all-solid-state batteries.