Downstream purchases lower aluminium inventories

[SMM News Flash] According to reports, Volvo Cars officially launched mass production of the EX60 at its Torslanda plant in Sweden. To ensure efficient, high-grade production of the EX60, the Torslanda plant has invested a cumulative total of approximately 10 billion Swedish kronor, primarily for introducing large-scale die-casting technology, constructing standardized battery assembly workshops, and fully renovating painting and final assembly production lines. As one of Volvo's key global production sites, the Torslanda plant is the brand's first production site to apply integrated die-casting technology at scale, with a planned annual capacity of 280,000 units. It is equipped with an 8400T ultra-large die-casting unit specifically used to produce the auto body rear floor of the EX60.

[SMM News Flash] According to reports, Zhejiang Haoyi Automotive Lightweight Technology Co., Ltd. has successfully completed key mass production verification of the 9000T ultra-large die-casting island integrated die-cast rear floor, custom-developed for the LUXEED brand jointly created by Huawei and Chery, fully supporting the LUXEED die-casting factory in entering the scaled mass production phase. With industry-leading integrated die-casting technology, it injects strong momentum into accelerating the launch of LUXEED high-end new energy MPVs.