Cobalt Products Prices Go Up in March

Raw material side, spot lithium carbonate prices fluctuated this week, cobalt sulphate prices remained temporarily stable, and nickel sulphate prices dropped slightly.

The National Development and Reform Commission recently launched a new batch of 13 landmark major foreign-invested projects, with planned investment totaling $13.4 billion. The newly selected projects are mainly concentrated in manufacturing, including electronics manufacturing, chemicals, automobiles, machinery, and other sectors, accelerating the development of industrial clusters. This year marks the ninth time that the National Development and Reform Commission has updated the list of landmark major foreign-invested projects. Landmark major foreign-invested projects are characterized by large investment scale, strong industrial spillover effects, and prominent technological leadership.

According to Gu Chunshan, Vice President of Chery Automobile, as the countdown to mass production and popularization begins, all-solid-state batteries have become the focus of attention for both the industry and users, and Chery will place no upper limit on its future investment in all-solid-state batteries. It is reported that Chery's Rhino Battery S Series 60Ah, 400Wh/kg solid-state battery uses a sulphide-based solid electrolyte system and high-nickel ternary cathode material; the 600Wh/kg solid-state battery uses an in-situ polymerization solid electrolyte system and lithium-rich manganese cathode material, with a driving range of over 1,500 km, and the company aims to carry out vehicle validation by 2027.