[7.2 Lithium Battery News] Jinan Issues 12 Million Yuan in Auto Consumption Subsidies | Institutions Say the Iteration of Solid-State Battery Industry Has Begun

[Z1/][Guotai Haitong Securities: Solid-State Battery Industry Iteration Begins Long-Term Prospects for Solid-State Batteries Look Promising][Z2/] A research report by Guotai Haitong Securities stated that solid-state batteries, with their high energy density and safety, can meet the special needs of the automotive, low-altitude, and humanoid robot sectors. Currently, semi-solid-state batteries have already been installed in vehicles, with industrialization preceding that of all-solid-state batteries. In areas such as humanoid robots and low-altitude applications, where cost sensitivity is relatively lower, the application of solid-state batteries precedes that in the automotive sector. The acceleration of the solid-state battery industry's industrialization process has officially begun, moving from zero to one at an accelerated pace. As the performance of solid-state batteries continues to improve and industrialization accelerates, long-term prospects for solid-state batteries look promising. (Cailian Press) [Z3/][Jinan: First Round of H2 Car Consumption Subsidies Launched Total Subsidy Amount Reaches 12 Million Yuan][Z4/] On July 1st, the Jinan Municipal Bureau of Commerce announced the first round of car consumption subsidy activities for H2 2025. From 0:00 on July 1st to 24:00 on July 31st, individuals and enterprises (units) purchasing new non-commercial passenger vehicles from participating automakers in Jinan can apply for a maximum car consumption package worth 8,500 yuan, without restrictions on household registration or license plate area. The total subsidy amount for this activity is 12 million yuan. (Cailian Press) [Z5/][Yongmaotai: Plans to Invest Approximately 450 Million Yuan in Mexico Automotive Parts Smart Manufacturing Base Project][Z6/] Yongmaotai (605208.SH) announced that it plans to invest approximately 450 million yuan through its wholly-owned subsidiary Anhui Yongmaotai Auto Parts Co., Ltd.'s wholly-owned subsidiary Singapore Company and Singapore Auto Tech to build a Mexico automotive parts smart manufacturing base project. This move aims to expand overseas markets, enhance brand international recognition and market competitiveness, further promoting the company's internationalization process. (Cailian Press) [Z7/][Foton Motor: Semi-Solid-State Batteries Already Mass-Produced for Electric Light Trucks][Z8/] Foton Motor stated on the interactive platform that semi-solid-state batteries have been mass-produced for the company's self-developed 24V start-up lithium batteries, installed across all platforms of electric light trucks. [Z9/][Kechuan Technology: Has Begun Cooperation with Notable Enterprises in Solid-State Battery Business][Z10/] Kechuan Technology stated on the interactive platform that the company's main business, which includes battery functional devices, can be applied in semi-solid-state and solid-state batteries. It has already started business cooperation with well-known enterprises in the solid-state battery field located in Beijing and Suzhou. The company's composite current collector products (composite aluminum foil) can also be used in semi-solid and solid-state batteries. Currently, the lithium battery new materials (composite current collector) project being implemented by its wholly-owned subsidiary Kechuan New Materials Technology (Huai'an) Co., Ltd. is steadily progressing. The construction of the first phase of the main factory has been completed, and the first piece of equipment has been installed and is currently under debugging. Cailian Press)

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