Sunwoda Unveils “Xingchi Supercharge 2.0” with Ultra-Fast Charging Performance

On April 20, Tianqi Lithium Corporation released its performance forecast for the first quarter of 2026. The company expects its first-quarter performance to show a significant year-on-year increase, with net profit attributable to shareholders of the listed company ranging from 1.7 billion yuan to 2.0 billion yuan, a year-on-year increase of 1530.31% to 1818.01%. On the one hand, benefiting from the development of the new energy industry and growth in downstream demand, the company's operating revenue for the first quarter increased significantly compared to the same period last year. On the other hand, the company's investment income from its associate SQM increased significantly year-on-year.

Hyundai Motor Group is set to begin operations at battery plants in Georgia, jointly established with LG Energy Solution and SK On, with one facility starting this month and the other later this year. Once fully ramped up, the group will secure annual EV production capacity exceeding 600,000 units in the U.S. LG Energy Solution’s plant will have an annual capacity of 30 GWh, supplying cells for models such as the Ioniq 5 and Ioniq 9 produced at HMGMA. Meanwhile, SK On’s 35 GWh capacity will be converted into battery packs by Hyundai Mobis and fully supplied to Hyundai, Kia, and Genesis EVs manufactured in the U.S.

Battery electric vehicle (BEV) registrations jumped 51% in March across 15 major European markets, as renewed conflict in the Middle East brought renewed attention to oil dependence. According to data from New Automotive and E-Mobility Europe, around 224,000 new electric passenger cars were registered during the month, representing 22% of total sales in the monitored markets.