MIIT to Intensify Sampling Inspections of High-Profile Car Models with Major Quality & Safety Risks

On June 2, 2026, Yang Dezhi, Party Secretary and Chairman of Meishan Xingmei Investment Group, led a delegation and headed to Pingshan headquarters for a field trip and exchange, and officially signed a strategic cooperation agreement with FinDreams Battery. FinDreams Battery Deputy General Manager Zhao Tong, BYD Energy Storage and New-Type Battery Division General Manager Yin Xueqin, and other leaders attended the event and witnessed the signing ceremony. In the future, both parties will accelerate the implementation of the agreement, deepening cooperation with a focus on the co-construction of heavy truck fast charging and energy replenishment networks, zero-carbon park construction, power battery support, and hard carbon anode resource development.

After both sodium-ion battery cathodes and hard carbon anodes recorded significant increases YoY and MoM in May, the midstream and downstream segments of the industry chain—electrolytes and battery cells—also delivered impressive results, yet structural issues lurk beneath the growth.

In May, key materials for sodium-ion batteries sustained their strong momentum, with both cathode and hard carbon anode recording sharp YoY and MoM growth. Top-tier players’ order books were full and capacity utilization rates approached their limits. On the supply side, the pattern of rising volumes and stable prices was pronounced, yet pressure to pass on rising raw material costs was also building.