BYD Claims Top Spot Globally In Both New Energy Vehicle Sales And Energy Storage System Shipments For 2025

On April 1, Galan Lithium announced that Phase 1 construction of its Hombre Muerto West (HMW) Project has been successfully completed. The project has now fully transitioned to the commissioning and operational readiness phase, with all major process facilities, including the nanofiltration plant, installed and electrical and mechanical testing underway. Supported by substantial brine inventory, first lithium chloride production is expected in 2026. As of April 2026, the project has 10,000 tonnes LCE of brine inventory available for processing. Initial production capacity is 4,000 tonnes LCE per annum, with plans to expand to 5,200 tonnes LCE in the near term.

On March 30, Jiangsu Ninghu Expressway Co., Ltd. released its 2026 financial report. According to the data, the company achieved operating revenue of approximately 20.289 billion yuan in 2025, a year-on-year decrease of 12.54%; net profit attributable to shareholders of the listed company was approximately 4.594 billion yuan, a year-on-year decrease of 7.13%; net profit after deducting non-recurring gains and losses was approximately 4.468 billion yuan, a year-on-year decrease of 8.45%. In terms of energy storage projects, a heavy-duty truck battery swap project was put into operation at the Xianrenshan service area, with one battery swap station deployed on each side, each station having an energy storage capacity of not less than 1.2 MWh.

On March 30, Beijing Easpring Material Technology Co., Ltd. released its 2025 annual report. During the reporting period, the company achieved operating revenue of 103.742 billion yuan, a year-on-year increase of 36.63%; net profit attributable to shareholders of the listed company was 6.323 billion yuan, a year-on-year increase of 34.02%. Its high-nickel multi-element materials for all-solid-state batteries can meet the demand for battery energy densities exceeding 400Wh/kg, while its lithium-rich manganese-based materials can meet the demand for 500Wh/kg batteries. Related products have achieved batch supply at levels exceeding 20 tons, and its solid-state electrolyte products have entered the batch verification stage with leading customers.