[6.17 Lithium Battery News] Ministry of Ecology and Environment Issues Announcement on Regulating the Import Management of Recycled Black Mass Raw Materials for Lithium-ion Batteries

[US and UK Reach Trade Agreement Terms Including Import Car Quotas and Steel and Aluminum Tariffs]According to CCTV News, on June 16 local time, the US White House issued a statement indicating that US President Trump and UK Prime Minister Starmer jointly announced the general terms of a trade agreement. It is understood that under the general terms, the US plans to set an annual quota of 100,000 units for UK car imports, with a tariff rate of 10%. The UK has committed to making efforts to meet US requirements regarding the security of the supply chain for steel and aluminum products exported to the US, as well as the nature of ownership of relevant production facilities. On the premise that the UK meets these requirements, the US plans to promptly set "most-favored-nation" tariff quotas for steel and aluminum products, as well as certain derived steel and aluminum products, produced in the UK. In addition, both sides have committed to strengthening the supply chains for aerospace and aircraft manufacturing by establishing duty-free bilateral trade in certain aerospace products. The US has abolished tariffs imposed on the UK's aerospace industry under three previous executive orders. (Finance Link)

[Ministry of Ecology and Environment Issues Announcement on Regulating the Import Management of Recycled Black Mass Raw Materials and Recycled Steel Raw Materials for Lithium-Ion Batteries]On June 10, the General Office of the Ministry of Ecology and Environment issued the "Announcement on Matters Related to Regulating the Import Management of Recycled Black Mass Raw Materials and Recycled Steel Raw Materials for Lithium-Ion Batteries," as follows: 1. Recycled black mass raw materials for lithium-ion batteries that meet the requirements of Attached Table 1 are not classified as solid waste and may be freely imported. Recycled black mass raw materials cannot be mixed with other types of recycled raw materials, and different types of recycled raw materials cannot be declared under the same customs declaration form. Imported recycled black mass raw materials cannot be imported in bulk, and different categories of recycled black mass raw materials should be placed separately.》Click to view details

[Xiaomi Auto: Currently, There Are No Official Channels for Bulk Car Orders or Cash Subsidies]In the latest Q&A session with netizens on the evening of June 16, Xiaomi Auto stated that currently, there are no official channels for bulk car orders or cash subsidies from Xiaomi Auto. The public is advised not to believe such information, let alone engage in monetary transactions to avoid financial losses. When encountering similar sales information, the public is urged to carefully verify it and rely on information released through Xiaomi Auto's official channels. (Finance Link)

[Bohai Auto: Plans to Acquire Stakes in Multiple Auto Parts Companies, Stock Resumes Trading]Bohai Auto (600960.SH) announced that the company plans to acquire a 51% stake in BAIC Mould & Plastic held by Hainachuan, a 51% stake in Langfang Adient, a 100% stake in Zhilian Technology, and a 50% stake in Leoni Wiring Systems through the issuance of shares and payment in cash, and will raise supporting funds. Following this transaction, the publicly listed firm will expand its main business to include automotive exterior parts, automotive seat frames, automotive electronics, automotive wiring harnesses, and other products. Upon completion of the transaction, the publicly listed firm will extend its product lines into more automotive parts sectors by integrating the R&D capabilities of the target company, thereby comprehensively enhancing the company's core competitiveness. The company's A-shares will resume trading from the market open on June 17, 2025. (Financial Associated Press)

[Desay SV: Reaches Cooperation with Chery Automobile and Hyptec to Advance the Implementation of Intelligent Driving Technology] Desay SV stated on an interactive platform that the company has reached relevant cooperation with Chery Automobile to jointly develop an in-cabin and driving integrated central computing platform. This platform is built on the company's independently developed intelligent central computing platform, ICPS01E, and adopts an innovative single-chip multi-domain fusion solution, becoming the industry's first mass-producible in-cabin and driving integrated SOC product. This marks a significant breakthrough for the company in the core technology field of intelligent driving. Meanwhile, the company has signed a strategic cooperation agreement with Hyptec to jointly develop and accelerate the implementation of the next-generation in-cabin and driving integrated, and even central computing platforms, based on a new generation of high-performance computing chips, to meet the requirements of L4 high-level autonomous driving hardware and software systems. (Financial Associated Press)

[Launch Meeting for the Special Project on Improving the Quality and Reliability of China's New Energy Vehicles Held in Beijing] The China Association of Automobile Manufacturers (CAAM) organized and held the "Launch Meeting for the Special Project on Improving the Quality and Reliability of China's New Energy Vehicles" in Beijing. More than 100 representatives and experts from China's automotive T10 enterprises, mainstream vehicle manufacturers in the industry, core component enterprises for batteries, motors, and electronic control systems, intelligent vision and key electronic component enterprises, as well as industry service institutions, attended the meeting. The meeting called on relevant parties in the NEV industry chain, particularly T10+ vehicle manufacturers, core system assembly enterprises, key component and module enterprises, and related institutions, to take proactive actions to accelerate the establishment of a quality and reliability innovation and development system; learn from advanced quality and reliability experiences, strengthen relevant cutting-edge basic research, and strive to advance the higher-quality development of the NEV industry and accelerate the construction of China as an automotive powerhouse. (Financial Associated Press)