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[8.8 Lithium Battery News] Cui Dongshu from the Passenger Car Association Branch said that China's auto imports fell by 32% YoY from January to June

iconAug 8, 2025 09:31
Source:SMM

[Salt Lake Co.: Company's 40,000 mt Integrated Basic Lithium Chemicals Project Expected to Commence Commissioning by Month-End September 2025]Salt Lake Co. stated on the interactive platform that the company is currently concentrating superior resources and strengthening coordinated scheduling for its 40,000 mt integrated basic lithium chemicals project. Following the advancement mechanism of "charting progress and counting down the timeline," it is making all-out efforts to achieve the annual construction target, with commissioning expected to commence by month-end September 2025. Since the beginning of this year, benefiting from the market, the prices of the company's potassium product series have shown signs of recovery, effectively driving steady improvement in operating performance. (Cailian Press)

[Wanrun New Energy: Shandong Base's 120,000 mt LFP Capacity Completed and Put into Operation]Wanrun New Energy stated on the interactive platform that its Shandong base's 120,000 mt LFP capacity has been completed and put into operation. Driven by robust downstream demand, recent production schedules have been favorable, with high capacity utilization rates. (Cailian Press)

[Hymson: Has Laid Out Oxide- and Sulphide-Related Solid-State Battery Technology Routes]Hymson stated on the interactive platform that the company has currently laid out oxide- and sulphide-related solid-state battery technology routes. (Cailian Press)

[China Securities: Inflection Point for Solid-State Battery Industrialisation Arrived, Seize Investment Opportunities in Equipment Sector]China Securities research report pointed out that solid-state batteries, as the next-generation high-performance battery technology, have attracted significant market attention due to their notable advantages such as high energy density and high safety. Currently, driven by policy support, technological advancements, and downstream demand, the solid-state battery industry is entering a critical period of industrialisation, characterized by rapid market size growth, gradual convergence of technology routes, and expansion of application scenarios. As the most crucial upstream segment in the industry chain, solid-state battery equipment will undoubtedly be the first to benefit from the industry's major development. (Cailian Press)

[CPCA's Dongshu Cui: China's Auto Imports Down 32% YoY in Jan–Jun]CPCA Secretary General Dongshu Cui stated in an article on August 7 that China imported 220,000 vehicles in Jan–Jun 2025, down 32% YoY, marking a rare significant decline for the period. In June, imports stood at 43,000 units, down 30% YoY and 9% MoM from May. After peaking at 1.43 million units in 2014, imports have been on a downward trend, with slight stabilization and improvement in growth during 2016–2017, followed by continuous declines since 2018. In 2024, import volumes continued to shrink sharply, with annual imports totaling only 700,000 units, down 12% YoY. Currently, the pressure of sustained contraction in auto imports remains significant. (Cailian Press)

[Chengdu: New Round of Auto Consumption Subsidies Launched]According to a post on Chengdu Release's official WeChat account on the evening of August 7, the 28th Chengdu International Auto Show will be held from August 29 to September 7, with the latest auto consumption subsidy activities launched in Jinjiang District and Chenghua District. Among them, purchasing new household passenger vehicles (including passenger NEVs and internal combustion engine vehicles) in Jinjiang District and submitting the required documents to meet the corresponding conditions will qualify for a subsidy of up to 4,500 yuan in the form of a UnionPay red envelope upon approval. In Chenghua District, purchasing new household passenger vehicles (including internal combustion engine vehicles and NEVs) from designated automakers and submitting the required documents to meet the corresponding conditions will qualify for a car purchase subsidy of up to 6,500 yuan in the form of a UnionPay red envelope upon approval. (Cailian Press)

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