[6.20 Lithium Battery Update]
► Dongshu Cui: China's passenger vehicle market had a month-end inventory of 3.45 million units in May, with 54 days of inventory.
► Three government departments held a video conference to strengthen NEV safety management.
► Will JMC Ford be merged into Changan Ford? The company responded: There are currently no plans for asset restructuring or integration.
► Fengshan Group: Fengshan Quannuo is conducting R&D and testing of electrolyte for semi-solid-state batteries.
► Nord Co., Ltd., which has seen three consecutive limit-ups, stated that its products are mainly used in lithium battery production.
► Toyota Tsusho and LG Energy Solution plan to establish a joint venture for automotive battery recycling in North America.