[EV Truck: Gotion's Dianlala Unveils Swap Solution at IAA; First Truck for Europe-Africa Corridor Delivered]

India’s automobile sales rose 18.2% YoY to 8.39 million units in Q2 (July-September 2026), according to Society of Indian Automobile Manufacturers (SIAM). Passenger vehicle sales increased by 30.7% to 1.36 million units, while commercial vehicle sales grew 28.7% to 309,063 units. Festive demand, improved affordability following GST reforms and infrastructure spending supported sales growth. Higher vehicle sales may support demand for automotive steel, particularly flat steel, although actual steel consumption also depends on vehicle production.

[Solid-State Battery: Jinyu New Energy predicts low-altitude battery demand of around 300 GWh by 2035] On October 15-16, 2026, the SMM SSBC Solid-State Battery Key Materials and Supply Chain Annual Conference was held in Chengdu, Sichuan. Zhou Yanbing, Product Development Director of Zhejiang Jinyu New Energy Technology Co., Ltd., stated in his presentation "Exploration of Solid-State Batteries in the Low-Altitude Economy" at the conference that low-altitude economy battery demand is expected to reach 280-350 GWh by 2035, accounting for 15%-20% of the overall battery market, with a market size of RMB 3.5 trillion.