Hunan Changyuan Lico's LFP Project to Complete Construction in Q1, 2023

Published: Jan 5, 2023 10:50
Source: SMM
Hunan Changyuan Lico is expected to produce 20,000-30,000 mt of LFP this year.

SHANGHAI, Jan 5 (SMM) - According to the investigation minutes disclosed by Hunan Changyuan Lico, the company's lithium iron phosphate project is expected to complete construction in the first quarter of 2023 and the capacity will start ramping up on completion. The company is expected to produce 20,000-30,000 mt of LFP this year. In 2022, most of the company's products were medium-nickel high-voltage products. Besides, the number of medium-nickel products were larger than that of high-nickel products.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
CIMC Enric Joins Hands with Indonesia’s PT SAMATOR Group to Jointly Expand the Southeast Asian Clean Energy Market
1 hour ago
CIMC Enric Joins Hands with Indonesia’s PT SAMATOR Group to Jointly Expand the Southeast Asian Clean Energy Market
Read More
CIMC Enric Joins Hands with Indonesia’s PT SAMATOR Group to Jointly Expand the Southeast Asian Clean Energy Market
CIMC Enric Joins Hands with Indonesia’s PT SAMATOR Group to Jointly Expand the Southeast Asian Clean Energy Market
1 hour ago
Honda Motor's Electric Vehicle Strategy Adjustment Leads To Losses Exceeding 100 Billion Yuan
1 hour ago
Honda Motor's Electric Vehicle Strategy Adjustment Leads To Losses Exceeding 100 Billion Yuan
Read More
Honda Motor's Electric Vehicle Strategy Adjustment Leads To Losses Exceeding 100 Billion Yuan
Honda Motor's Electric Vehicle Strategy Adjustment Leads To Losses Exceeding 100 Billion Yuan
On March 12, Honda Motor released its latest flash report for the fiscal year 2025, projecting an operating loss of 270 billion yen to 570 billion yen for the fiscal year ending April 2025 to March 2026, equivalent to approximately 11.68 billion yuan to 24.67 billion yuan. It projects a net loss of 420 billion yen to 690 billion yen, equivalent to approximately 18.17 billion yuan to 29.86 billion yuan. It is understood that this marks Honda Motor's first annual loss since its listing. Furthermore, on the same day as announcing the results, Honda also announced a significant decision to cancel certain research, development, and launch plans for US-manufactured electric vehicles.
1 hour ago
Manganese-based Battery Materials: Differentiated Trends, Cost-Supported Stability
1 hour ago
Manganese-based Battery Materials: Differentiated Trends, Cost-Supported Stability
Read More
Manganese-based Battery Materials: Differentiated Trends, Cost-Supported Stability
Manganese-based Battery Materials: Differentiated Trends, Cost-Supported Stability
This week, China’s domestic manganese-based battery materials market has shown a differentiated operation trend. The price of battery-grade manganese tetroxide has slightly declined, the price of electrolytic manganese dioxide has slightly increased, and lithium manganate has maintained a weak balance of supply and demand.
1 hour ago