Dangsheng Science and Technology plans to buy Changzhou Dangsheng 31.25% of the planned cathode material with an annual output of 100000 tons.

CPCA released data showing that from May 1-24, national passenger vehicle market retail sales reached 989,000 units, down 24% YoY and up 10% MoM; cumulative retail sales year-to-date reached 6.594 million units, down 19% YoY. From May 1-24, national passenger vehicle new energy market retail sales reached 619,000 units, down 11% YoY and up 13% MoM; cumulative retail sales year-to-date reached 3.377 million units, down 16% YoY. From May 1-24, the national passenger vehicle market new energy retail penetration rate was 62.5%; from May 1-24, the national passenger vehicle producer new energy wholesale penetration rate was 63.6%.

Zhengzhou released the Outline of the 15th Five-Year Plan for National Economic and Social Development, the city will leverage the platform role of the Zhengzhou National General Aviation Industry Comprehensive Demonstration Zone, support core technology breakthroughs and the transformation of achievements in complete UAVs and core parts, power batteries, and flight control technologies, and improve supporting industries for low-altitude aircraft manufacturing and maintenance. Centered on the demonstration application of fuel cell vehicles, the city will promote the integrated development of hydrogen energy across production, transportation, storage, refuelling, and use, and support technological breakthroughs and industrialisation of solid-state batteries and sodium-ion batteries.