Cost of Battery Cell Continued to Decline in February

[Solid-State Battery Expert Voices: Yin Tongyue Says Chery's Solid-State Battery Cell Energy Density Reaches 400Wh/kg, Solid-Liquid Hybrid Version to Be Installed in Vehicles in Q4 2026, All-Solid-State to Begin On-Vehicle Validation in 2027] On September 3, 2026, at the 2026 World Power Battery Conference, Yin Tongyue, Chairman of Chery Holding Group, revealed Chery's solid-state battery industrialisation timetable in a keynote speech. He stated that Chery's Rhino battery comprises three major series: hybrid-specific, pure electric-specific, and solid-state-specific, with solid-state battery cell energy density already reaching 400Wh/kg. The Rhino solid-liquid hybrid version is planned to be installed in vehicles in Q4 2026, and the all-solid-state battery is planned to begin on-vehicle validation in 2027. Yin Tongyue stated

[Solid-State Battery Expert Voice: Zhang Jinhua Says the Industry Will Form a Three-Tier Progression of "Liquid as Foundation, Solid-Liquid Transition, Solid-State Breakthrough," with All-Solid-State Batteries Entering Large-Scale Application by 2035] On September 3, 2026, at the 2026 World Power Battery Conference, Zhang Jinhua, Chairman of the Society of Automotive Engineers of China, stated that the material system is the underlying support that determines the upper limit of power battery energy density. He proposed that the industry will form a three-tier development pattern of liquid as foundation, solid-liquid transition, and solid-state breakthrough: liquid batteries cover the energy range of 200Wh/kg to 300Wh/kg, supporting mainstream demand in the mass market; over the next three years, solid-liquid hybrid batteries will be the first to enter the window period for commercial application, primarily installed in mid-to-high-end car models; all-solid-state batteries will gradually break through performance ceilings, achieving energy density above 500Wh/kg, and are expected to enter the window period for large-scale application by 2035.

August lithium battery recycling hydrometallurgical plant scrap procurement data is out. In black mass equivalent terms, hydrometallurgical plant scrap procurement volume fell 6% MoM from July, ending the previous streak of consecutive rebounds.