Sunwoda Subsidiary SEVB to Introduce Li Auto with 2.65 Billion Yuan Capital Increase

[SMM Analysis: How to Overcome the High-Pressure Challenge in Sulphide Solid-State Batteries — An In-Depth Analysis of Global Technical Routes] On September 1, 2026, China FAW, in collaboration with Eastern Institute of Technology, achieved a major technical breakthrough in the low-pressure operation of sulphide all-solid-state batteries. The related results were published in the top international journal Advanced Energy Materials under the title "Ion-Elastomer Interface Enables Low-Pressure, High-Stability Solid-State Batteries." Addressing the industry bottleneck that all-solid-state batteries generally require an operating pressure above 20 MPa, the two parties successfully achieved stable cycling of large-capacity sulphide all-solid-state battery cells under a low pressure of 5 MPa through material morphology control, low-pressure cell structure design, and preparation process optimization. This breakthrough marks a key step forward for China in the core technologies essential for the practical application of sulphide all-solid-state batteries.

Sep 4 news: North China ports: 46% Australian lumps at 40.3-40.8 yuan/mtu, up WoW; South African semi-carbonate at 34-34.5 yuan/mtu, up WoW; Gabonese at 39.1-39.5 yuan/mtu, flat WoW; South African high-iron at 28.8-29.3 yuan/mtu, up WoW; South African medium-iron at 35.2-35.7 yuan/mtu, up WoW. South China ports: 46% Australian lumps at 42.7-43.2 yuan/mtu, flat WoW; South African semi-carbonate at 36.3-36.8 yuan/mtu, flat WoW; Gabonese at 40.6-41.1 yuan/mtu, flat WoW; South African high-iron at 30.2-30.7 yuan/mtu, flat WoW; South African medium-iron at 37-37.5 yuan/mtu, flat WoW. The manganese ore market has recovered slightly, with traders increasingly holding back from selling, and overall prices consolidating sideways.

Today, SMM battery-grade lithium carbonate spot prices drifted lower compared with the previous working day. The lithium carbonate 2701 contract opened higher at 150,500 yuan/mt today, then moved sideways above the average price line after the open, hitting an intraday high of 152,300 yuan/mt in early trading. Prices weakened around midday and broke below the average price line. In the afternoon, bears stepped up selling pressure, sending prices steadily lower to an intraday low of 140,500 yuan/mt. In late trading, prices consolidated at lows and closed near 141,900 yuan/mt, ultimately settling down 7.41% at 141,900 yuan/mt, with open interest falling by 1,647 lots. In the spot market, downstream buyers were buying the dip to stockpile for September and October, while upstream lithium chemical plants showed weak willingness to sell spot cargoes. Overall, market inquiries and actual transactions were relatively active.