







[BYD Outsells Tesla in European EV Sales for the First Time in April]BYD's EV sales in Europe surpassed Tesla's for the first time, overtaking the US brand that has long dominated the European EV market. According to data from market research firm Jato Dynamics, BYD registered 7,231 new EV sales in April. This represents a 169% increase year-on-year, propelling BYD into the top 10 EV brands by sales. Tesla's registered sales plummeted by 49%, causing it to drop one place in the rankings. When plug-in hybrid electric vehicles are included in the statistics, BYD's sales advantage over Tesla becomes even more pronounced. Jato's data shows that the Chinese automaker's total sales surged by 359%. (East Money)
[New All-Solid-State Battery Standards Introduced to Address Industry Ambiguity and Lack of Testing Methods]The China Society of Automotive Engineers (China-SAE) officially released the group standard "Determination Method for All-Solid-State Batteries," which, for the first time, clarifies the definition of all-solid-state batteries, resolving issues such as ambiguous industry definitions and the lack of testing methods, thereby laying the foundation for technological upgrades and industrial applications. The new standard stipulates that "all-solid-state batteries" must achieve ion transfer exclusively through solid electrolytes, establishing a strict technical demarcation from hybrid solid-liquid electrolyte batteries. (East Money)
[Tiantie Technology: Signs Strategic Cooperation Framework Agreement with Inx Technology, Plans Collaboration in Solid-State Battery Lithium Metal Anode Materials and Related Fields]Tiantie Technology (300587.SZ) announced in a statement that it has signed a strategic cooperation framework agreement with Shenzhen Inx Technology Co., Ltd. The two parties will engage in comprehensive strategic cooperation in the supply, R&D, and production of lithium metal anode materials for solid-state batteries. According to the agreement, Tiantie Technology will supply battery-grade lithium metal products to Inx Technology and, upon the commissioning of Inx Technology's first ≥450Wh/kg solid-state 2GWh mass production line, will be responsible for supplying lithium metal materials for that line. The annual procurement volume will be no less than 100 mt in principle, with a term of no less than five years. The two parties will also jointly develop battery-grade lithium metal anode materials and explore the establishment of a joint venture or the construction of a solid-state battery production line. The strategic cooperation framework agreement signed this time is a framework agreement, and specific cooperation will be subject to subsequent agreements/orders. (East Money)
[Farasis Energy: Company's Progress in Solid-State Batteries Leads the Industry, Semi-Solid-State Batteries Have Gained Recognition from Multiple Customers]Farasis Energy (688567.SH) announced in a statement that during the investor collective reception day event on May 21, the company stated that its progress in solid-state batteries is at the forefront of the industry. In the field of semi-solid-state batteries, the company has gained recognition from multiple customers, including GAC, Dongfeng, SANY, FAW Jiefang, leading eVTOL customers in the US, leading domestic flying car customers, Shanghai EHang, and Geely AeroHT. It is one of the earliest enterprises in the industry to achieve the industrialisation of semi-solid-state batteries. In the field of all-solid-state batteries, the company is simultaneously advancing the R&D of various material systems, including sulphide, oxide/polymer composite systems. Among them, the 60Ah sulphide all-solid-state battery is planned for small-batch delivery to strategic partners by the end of 2025. Additionally, the company's SPS super pouch battery is compatible with multiple material systems, such as ternary cathode, LFP, solid-state batteries, and sodium-ion batteries. It has secured project approvals from multiple customers, including GAC, Geely, and JMC.
[Ningxin New Materials: Specialty graphite materials primarily serve the R&D and production of solid electrolytes]Ningxin New Materials released a record of investor relations activities, stating that in solid-state batteries, specialty graphite materials primarily serve the R&D and production of solid electrolytes. Due to the current technological confidentiality in this industry and the lack of full industrialisation, the company has confidentiality requirements with its customers. Specialty graphite materials, with their superior properties such as high-temperature resistance, oxidation resistance, high electrical conductivity, and high thermal conductivity, can be widely applied in various scenarios. The proportion of the company's downstream industries depends on the specific needs of the development of these downstream industries. (Financial Associated Press)
[Changan Automobile: To launch 35 new digital and intelligent vehicles in the next three years, achieve solid-state battery vehicle installation verification by 2026]Changan Automobile (000625.SZ) stated in its record of investor relations activities that it will launch 35 new digital and intelligent vehicles in the next three years. Among them, Changan Eado will launch 10 products, Deepal will launch 10 products, and Avatr will launch 7 products. In the field of powertrain, the company will comprehensively iterate its core powertrain technologies, completing the investment and construction of a 50GWh battery cell production capacity for Changan Times by 2025-2026, with a total production capacity reaching 75GWh. It aims to achieve solid-state battery vehicle installation verification by 2026 and gradually promote the mass production of all-solid-state batteries by 2027, with an energy density of 400Wh/kg. (Financial Associated Press)
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[SMM Analysis] China's lithium hydroxide exports reached 4,222 mt in April, basically flat MoM
[SMM Analysis] China's cobalt intermediate product imports increased slightly in April
[SMM Analysis] China's domestic spodumene imports totalled 623,000 mt in April, up 16.5% MoM
[SMM Analysis] Both China's artificial graphite imports and exports increased MoM in April
[SMM Data] Import and export data of LiPF6 in April 2025
[SMM Analysis] Analysis of the export situation of ternary cathode precursors in April
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