[Promoting the Research and Production of Sodium-ion Batteries through Sino-French Cooperation]

The tariff rate for electric cars under Section 301 will increase from 25% to 100% by 2024.

Progress of Rongbai's overseas Lithium iron manganese phosphate: The construction of the 20,000 mt LMFP in the second phase of the Korean base is being accelerated.

Today's lithium carbonate market saw a minor decline with the SMM index at 112,124 yuan/ton (~15,486.74 USD/ton) and futures closing down 0.49%, reflecting subtle market shifts.

Today's lithium carbonate market remained stable with the SMM index at 112,316 yuan/ton (~15,513.26 USD/ton), while futures dropped by 3.06%, reflecting cautious market optimism.

【SMM Cobalt-Lithium Morning Meeting Summary: Lithium Carbonate Prices Rose Overall on Monday. On the supply side, some lithium salt companies were still in the early stages of resuming production after maintenance, resulting in relatively limited supplies available for spot sales beyond long-term contract orders. Some lithium salt companies have intentions for subsequent deliveries, but overall, lithium salt companies continue to sell long-term contract orders while pricing spot orders firmly. Their spot prices continue to rise. However, downstream companies like cathode material producers have given feedback that due to the recent continuous increase in lithium carbonate prices, while the pricing transmission of their products lags behind the lithium carbonate price hikes, the current pricing transmission situation makes it difficult to fully pass on the increased raw material costs to downstream customers, gradually squeezing production profits...】

SMM Daily Report: On February 19th, the price of lithium carbonate slightly decreased.

On 15 February, the European Commission adopted a new national aid scheme on hydrogen infrastructure to support the development of hydrogen infrastructure. Public funding inputs totalling €6.9 billion will be used to support ......

LS's EV parts plant was completed in Mexico to produce EV relays and battery disconnect units to supply the North American. SMM expects...

Ministry of Industry and Information Technology Releases the Second Batch of New Energy Vehicles Eligible for Vehicle Purchase Tax Exemption; NIO, Geely, Among Others Listed]

【SMM Analysis】As the holiday approaches, the electrolyte market has seen light trading and stable prices.