【SMM Data】Operating Rate of Electrolyte Increased in August 2024

Cobalt and nickel price review and forecast

From January 1, 2024, to December 31, 2024, individual consumers who scrap or transfer (excluding change of registration) a non-commercial passenger car registered under their name in Shanghai, and purchase a new pure electric passenger car from an automobile sales institution registered with the Shanghai Market Supervision Administration, for non-commercial use, can apply for a one-time subsidy of 10,000 yuan for the purchase of the car.

Lithium Salt Price Review & Forecast

On February 28th, SVOLT Energy held a production commencement ceremony in Thailand, announcing that the SVOLT Thailand factory has officially begun production and the products have started to be delivered in bulk. New energy vehicle models under the brands Great Wall and Hozon will soon be launched in Thailand. This production launch signifies that the SVOLT Thailand factory has achieved the localization of battery supply in Thailand at a rapid pace, within just five months, further improving SVOLT's new energy industrial layout in the Asia-Pacific region.

SMM expects more frequent liquidating transactions to appear in 2024, as the industry grapples with immediate financial pressures and companies push for more cost-efficient strategies.

Affected by the continued losses in lithium salt companies purchasing lithium ore externally, which triggered to production suspension or reduction, as well as the seasonal maintenance of some lithium salt companies, it is preliminarily estimated that China's lithium carbonate output in February will decline by about 23% month-on-month to around 32,000 mt.

Lithium Carbonate January Production Analysis & February Forecast

A summary of the trending news of the New Energy sector. Will Xiaomi’s EV business venture be able to compete with Tesla and BYD?

This newsletter describes the latest trend of EV industry: Government Continued to Encourage Development of New Energy Vehicle Industry,Cobalt Price Showed No Signs of Slowing Down...

Fuel cell vehicle is also a kind of EV, and with the Toyota Mirai, SAIC Roewe 950 Fuel Cell vehicles gradually come out, how will fuel cell vehicle industry develop in the future?