Boston Dynamics CEO Robert Playter to Step Down

European Automotive Battery Company (ACC) has officially announced the suspension of its plans to build battery gigafactories in Italy and Germany. ACC, jointly funded by Stellantis, Mercedes-Benz, and TotalEnergies, was originally expected to enhance the autonomy of the European EV supply chain. However, due to lower-than-expected demand in the EV market, Stellantis recently announced a €22 billion loss and correspondingly scaled back its electrification investments. CEO Antonio Filosa stated that the actual required battery capacity will be significantly lower than initially planned.

The SMM battery-grade lithium carbonate index price was 138,483 yuan/mt. Battery-grade lithium carbonate was priced at 134,000-142,000 yuan/mt, with an average price of 138,000 yuan/mt. Industrial-grade lithium carbonate was priced at 131,000-138,000 yuan/mt, with an average price of 134,500 yuan/mt. Today, the most-traded lithium carbonate futures contract showed a fluctuating upward trend. As logistics gradually halted, downstream material plants had largely completed their stockpiling for February, with most enterprises adopting a wait-and-see attitude and holding low psychological price levels for procurement. Overall, market inquiries and transactions remained sluggish.

[Tongbao Energy: 2025 Thermal Power Generation Down 8.58% YoY, Wind Power Discloses Multiple Indicators] Tongbao Energy announced that its wholly-owned thermal power enterprise, Shanxi Yangguang Power Generation, recorded a Q4 2025 power generation of 1,510.92 million kWh, down 13.73% YoY; on-grid electricity of 1,363.32 million kWh, down 14.34% YoY; and an average on-grid tariff of 395.52 yuan/MWh, up 13.09% YoY. For the full year 2025, power generation was 5,646.48 million kWh, down 8.58% YoY; on-grid electricity was 5,092.51 million kWh, down 9.22% YoY; and the average on-grid tariff was 380.18 yuan/MWh, up 6.94% YoY, with the proportion of market-based trading volume at 100%, unchanged from the previous year.