[6.3 Lithium Battery News] Cui Dongshu said that China accounted for 34.7% of the world's auto market share in May 2025

[Sinomine Resource Group: Invests in Construction of 30,000 mt/Year High-Purity Lithium Chemicals Technological Transformation Project]Sinomine Resource Group (002738.SZ) announced that its wholly-owned subsidiary Sinomine Lithium plans to conduct comprehensive technological upgrades on its existing 25,000 mt/year lithium chemicals production line. The company will invest 120.74 million yuan in constructing a 30,000 mt/year high-purity lithium chemicals technological transformation project, with funding sourced from Sinomine Lithium's proprietary funds or self-raised funds. The production suspension for maintenance and technological upgrades will last approximately six months. Upon project completion, the company will have a combined battery-grade lithium chemicals production capacity of 71,000 mt/year. (Finance News)

[Cui Dongshu: China Holds 34.7% Global Auto Market Share in May 2025]Cui Dongshu, Secretary General of the China Passenger Car Association, stated in an article that China achieved a 34% global auto market share from January to May 2025. The lower performance of Chinese automakers in early 2025 reflects normal seasonal factors during the Chinese New Year period. With policy stimulus effects emerging, China's auto market strengthened from March to May. In May, China's global auto sales share rebounded to 34.7%, representing a 2.7 percentage point increase YoY.

[EVE: Grandchild Company to Invest up to 8.654 Billion Yuan in New-Type Energy Storage Battery Project]EVE (300014.SZ) announced that its wholly-owned grandchild company EVE Energy Malaysia plans to invest up to 8.654 billion yuan in constructing a new-type energy storage battery project, using a combination of proprietary funds, equity financing proceeds, and/or self-raised funds. The project construction period will not exceed 2.5 years, with a planned land area of approximately 484,000 m². This initiative will facilitate the company's overseas business expansion, mitigate international trade friction risks, enhance production capacity, and improve operational performance, playing a positive role in optimizing EVE's global industrial layout. However, the project requires regulatory filings/approvals from relevant Chinese and Malaysian authorities, and faces risks of delayed completion or failure to meet projected returns. (Finance News)

[GEM: Company Achieves Ton-Level Product Shipments in Solid-State Battery Sector]GEM stated on its interactive platform that it began developing precursor materials for solid-state batteries as early as 2019, including high-nickel, ultra-high-nickel, and lithium-rich manganese-based cathode materials. The company has achieved ton-level product shipments in this sector. (Finance News)

[KanHoo: Signs Strategic Cooperation Agreement with Beijing Pure Lithium New Energy Technology for All-Solid-State Lithium-Ion Battery Collaboration]KanHoo (300340.SZ) announced that it has signed a Strategic Cooperation Agreement with Beijing Pure Lithium New Energy Technology, establishing a full-chain strategic partnership covering "materials-equipment-R&D-production lines". The collaboration focuses on all-solid-state lithium-ion battery manufacturing equipment (including customized equipment), cathode materials for all-solid-state batteries, and market promotion of all-solid-state battery energy storage applications.

[EC Proposes Toll Exemptions to Boost Demand for Zero-Emission Trucks and Buses]To stimulate and support the competitiveness of sustainable road transport, the European Commission has proposed exempting zero-emission heavy-duty vehicles from road tolls and usage fees. The proposal extends the current exemption period from December 31, 2025 to June 30, 2031, providing significant incentives for companies to invest in zero-emission heavy-duty vehicles. The proposed exemption aligns with the EU's CO2 emission performance standards for new heavy-duty vehicles, targeting a 43% emission reduction by 2030. (Cailian Press)