Tesla is going to build a lithium hydroxide plant and plans to start operation of Q4 in 2022.

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.

According to industry sources on June 5, POSCO Holdings received RIGI approval from the Argentine government for its Sal de Oro lithium project in Argentina. RIGI is a framework designed to attract large-scale investment in strategic industries such as energy, mining and technology. Once approved, companies can expect benefits such as lower corporate taxes, tariff exemptions and eased foreign exchange regulations.

Zeekr Korea unveiled the premium midsize electric SUV “7X” in South Korea and will begin full-scale sales in the second half of this year. In South Korea, the model will be offered in three trims: Pro, Max and Ultra. The Pro trim is equipped with Zeekr’s self-developed 75 kWh lithium iron phosphate (LFP) “Golden Battery.” The Max and Ultra trims are equipped with 100 kWh high-performance nickel-cobalt-manganese (NCM) batteries supplied by CATL. The Pro and Max trims each feature a single electric motor, delivering a maximum output of 421 hp and maximum torque of 45 kgf·m. Their certified driving ranges are 375 km and 483 km, respectively. The Ultra trim is an all-wheel-drive (AWD) model based on a dual-motor system, with motors mounted on the front and rear axles. It delivers up to 645 hp and maximum torque of 72.4 kgf·m, with a maximum driving range of 440 km.