SMM analysis: terminal performance is stable and electrolyte material price trend continues to wait and see. On August 18, SMM reported that in the first half of the year, due to the weak demand of the terminal, the price of most raw materials in the industrial chain has declined, and the price decline has acted inversely to the terminal demand, which is manifested in the procurement behavior from the terminal to the upstream link is slowing down, and the wait-and-see and game sentiment is strong.

According to SMM statistics, from January to July 2023, the cumulative sales of new energy vehicles in China has reached 4,523,000, and the storage capacity of the bid has reached 37.39GWh. The cumulative output of ternary cells has reached 161.7GWh, and the cumulative output of iron-lithium cells has reached...