[5.8 Lithium Battery News] Argentina's Lithium Production May Rise 77% YoY in 2025

[CAAM: Total Import and Export Value of Automotive Products in March Rose 32.1% MoM]According to data compiled by the China Association of Automobile Manufacturers (CAAM) from the General Administration of Customs, in March 2025, the total import and export value of automotive products reached US$23.82 billion, up 32.1% MoM and down 0.2% YoY. Specifically, the import value was US$3.67 billion, up 3.8% MoM and down 30.4% YoY, while the export value was US$20.15 billion, up 38.9% MoM and up 8.4% YoY. From January to March 2025, the cumulative total import and export value of automotive products nationwide was US$65.14 billion, down 4.6% YoY. The import value was US$10.14 billion, down 35.6% YoY, and the export value was US$55 billion, up 4.6% YoY. (Cailian Press)

[Argentina's Lithium Production Expected to Rise 77% YoY in 2025]According to Argentina's Mining Chamber of Commerce (Caem), Argentina's lithium production is expected to increase by 77% YoY in 2025, reaching 131.8 million mt of lithium carbonate equivalent (LCE). (Cailian Press)

[Guangdong: Expanding Automotive Consumption Scenarios]The General Office of the People's Government of Guangdong Province issued the "Implementation Plan for Special Actions to Boost Consumption in Guangdong Province," proposing to expand automotive consumption scenarios. It seeks national support to lead the province in carrying out pilot reforms for automotive circulation and consumption. It supports eligible cities in exploring the establishment of local standards and industry norms for automotive modification, moderately relaxing restrictions on the modification of new energy vehicles for intelligence and racing purposes, vigorously pursuing the hosting of international automotive events, focusing on expanding aftermarket consumption such as car rental and RV camping, and supporting the construction of automotive museums and theme parks. It will continue to implement convenient measures such as "reverse invoicing" for used car sales and cross-regional transaction registration. A used car trading service platform for Guangdong Province will be established to promote transparency in used car information. It supports the transformation of used car brokerage into distribution, cultivates and expands used car business entities, and builds a nationally leading brand of used car distribution enterprises. (Cailian Press)

[German Chamber of Commerce: 86% of German Companies in China Affected by US-China Trade War, Especially Automotive and Machinery Industries]A survey report released by the German Chamber of Commerce on the impact of the US-China trade war on German companies in China shows that 86% of German companies in China have been affected by the tariff trade war, with the proportion of affected companies in the machinery and automotive industries reaching as high as 86% and 93%, respectively. (Cailian Press)

[Li Auto CEO on Tesla FSD: Fundamentals Are Very Solid]Li Auto's official Weibo account released an interview transcript with its CEO and Chairman, Li Xiang. During the interview, when discussing Tesla's Full Self-Driving (FSD), Li Xiang stated that based on actual testing, they are likely using models from before version 12.5, and there is still a significant gap from Tesla's true capabilities.Tesla's capabilities remain very strong after version 13.0. Before version 12.5, it was likely the capability of the semi-regular algorithm, so I said it didn't reflect Tesla's true capabilities. However, we can see that Tesla's fundamentals are very solid. (Cailian Press)

【Xiaomi Jingming, a subsidiary of Xiaomi, establishes a new company in Nanjing, engaging in NEV sales】According to Tianyancha, Nanjing Xiaomi Jingyu Technology Co., Ltd. was recently established, with Wang Zhensuo as the legal representative and a registered capital of 1 million yuan. Its business scope includes the sales of new energy vehicles, automobiles, intelligent in-vehicle devices, charging piles, centralized fast charging stations, battery swapping facilities for NEVs, battery leasing, and internet sales, among others. Shareholder information shows that the company is wholly owned by Xiaomi Jingming Technology Co., Ltd., a subsidiary of Xiaomi Group. (Cailian Press)