[8.19 Lithium Battery News Flash] Sichuan Energy Power stated that the Lijiagou lithium mine is currently in the capacity ramp-up stage | Leap Motor raised its annual sales target

Published: Aug 19, 2025 09:14

Save

[Institutions: NEV Sales Reach 4.868 Million Units in Q2, Up 30% YoY]According to the latest survey by TrendForce, global sales of new energy vehicles (NEVs), including battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and hydrogen fuel cell vehicles, reached 4.868 million units in Q2 2025, up 30% YoY. When including hybrid electric vehicles (HEVs), EV sales in Q2 totaled 6.456 million units, accounting for 29% of global auto sales. (Science and Technology Innovation Board Daily)

[Sichuan Energy: Lijiagou Lithium Mine in Ramp-Up Stage]Sichuan Energy stated on an interactive platform that its Lijiagou lithium mine has been operating smoothly since trial production began and is currently in the ramp-up stage. Dea Lithium successfully produced qualified battery-grade lithium chemicals in July 2025 after commissioning. The company will adjust production and sales plans based on market conditions to maximize the benefits of its integrated resource advantages. (Cailian Press)

[Jiuwu Hi-Tech: Plans to Issue Convertible Bonds Raising Up to 504 Million Yuan]Jiuwu Hi-Tech (300631.SZ) announced plans to issue convertible bonds raising no more than 504 million yuan, with proceeds after deducting issuance costs to be invested in the BOT project for a 2,000-mt/year lithium chloride pilot production line at Bangor Co Salt Lake, a special inorganic membrane component and equipment production line, and working capital replenishment. (Cailian Press)

[Narada Power: All-Solid-State Battery Pilot Line Enables Small-Batch Delivery]In response to investor inquiries about the progress of its all-solid-state battery production line or site construction and near-term plans, Narada Power stated on an interactive platform that it currently operates one pilot line capable of small-batch deliveries. The all-solid-state battery products will not significantly impact 2025 performance. Investors are advised to exercise caution and make rational decisions. (Cailian Press)

[Leap Motor Raises 2025 Annual Sales Target to 580,000–650,000 Units]Cailian Press learned that Leap Motor has raised its 2025 annual sales target to 580,000–650,000 units due to stronger-than-expected market performance, with plans to challenge 1 million units next year. In March, Leap Motor founder, chairman, and CEO Jiangming Zhu stated that the company aimed for 500,000–600,000 unit sales this year.

[China Automobile Dealers Association: Only 30% of Dealers Met H1 Sales Targets]The China Automobile Dealers Association's "2025 H1 National Auto Dealer Survival Survey Report" showed that only 30.3% of dealers achieved their sales targets in H1 2025, with 29.0% completing less than 70% of targets and 40.7% achieving 70–100% of targets. By brand groups, the target completion rate of luxury brands slightly outperformed that of joint venture and domestic brands. Among joint venture brands, the proportion of dealers achieving 70% or below their targets was higher than that of luxury/import brands and domestic brands. (Cailian Press)

Ternary Cathode Precursor January-July 2025 Review and H2 Outlook: Challenges and Opportunities Under Market Restructuring [SMM Analysis]

[SMM Analysis] LFP Material Production Growth Remained Slow in July

[SMM Analysis] Low-Sulphur Petroleum Coke Prices Rose on Demand Boost in July

[SMM Analysis] Multiple Factors at Play, Anode Material Prices Stalled in July

[SMM Analysis] Supply Reduction Kept Oil-Based Green Needle Coke Prices Stable in July

[SMM Analysis] Market Share Continues to Rise! 2025 H1 LFP Cathode Material Review and Outlook

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

7 mins ago

【SMM Flash】Middle East August Sulfur Contract Prices Released

KPC has set the August Kuwait Sulphur Price (KSP) at $865/mt FOB, down by $85/mt from the July KSP of $950/mt; QatarEnergy has kept its August Qatar Sulphur Price (QSP) unchanged at $890/mt FOB from July; ADNOC has kept its August official selling price (OSP) for the Indian subcontinent unchanged at $1,000/mt FOB Ruwais from July.

7 mins ago

1 hour ago

【SMM Flash News】Digitalization Gains Momentum Across Africa's Lithium to EV Value Chain

Industrial digitalization is emerging as a growing focus area across Africa's lithium and EV supply chain, as producers and downstream players face increasing pressure to demonstrate transparency, traceability, and operational efficiency from mine to battery. In one example of this trend, Southern Africa based industrial software provider IS³ has announced plans to connect operations across the region's lithium and EV ecosystem spanning mining and mineral processing, battery manufacturing, EV assembly, and battery recycling through a shared industrial data platform. The initiative centers on enabling organizations across the value chain to securely share operational data, with stated goals of improving collaboration, visibility, and supply chain resilience across SADC region mining and manufacturing operations. The broader push reflects a wider industry shift: as African lithium projects scale from early production toward integrated regional supply chains, data connectivity and digital infrastructure are increasingly viewed as complementary to traditional competitiveness factors like grade, cost, and logistics. SMM View: Digital traceability and operational data-sharing are becoming a growing differentiator as African lithium producers seek to meet the compliance and sustainability expectations of downstream battery and EV manufacturers, particularly in markets with tightening ESG and supply chain due diligence requirements. As more of Africa's lithium output moves toward integrated processing and battery value chains from Zimbabwe and Namibia through to Southern Africa's broader EV ambitions the pace of digital infrastructure adoption may become an increasingly relevant factor in project competitiveness and investor due diligence going forward.

1 hour ago

2 hours ago

【SMM Analysis】Ghana's Ewoyaa Lithium Lease Ratified; Chinese Bid for Atlantic Lithium Emerges

Ghana's Parliament ratified the mining lease for Atlantic Lithium's Ewoyaa project on March 20, 2026, granting a 15-year lease under a new sliding royalty scale 5% when spodumene prices fall below $1,500/tonne, rising to 12% above $3,200/tonne, replacing the previously proposed flat 10% rate. The ratification clears Ghana's first-ever lithium mining lease and positions Ewoyaa to move toward a final investment decision. Half of Ewoyaa's planned output is committed to Elevra Lithium (the merged Piedmont Lithium Sayona Mining entity), which holds prior offtake ties to Tesla and LG Chem. Atlantic Lithium's Q1 2026 report showed access to up to $16.4 million in funding, including roughly $11 million from a Ghanaian pension fund, alongside A$13.9 million cash on hand and no debt. In a more recent shift, China's Zhejiang Huayou Cobalt announced on May 7, 2026 a proposed $210 million acquisition of Atlantic Lithium outright. Days later, Huayou separately agreed to assume Ewoyaa's remaining development funding obligations a move that decouples project construction from the broader takeover outcome, meaning the mine could advance even if the acquisition doesn't close. SMM View: Ewoyaa's ratification cements Ghana's entry into Africa's lithium production landscape, but the Huayou bid adds a new ownership dimension to watch potentially extending Chinese control further into West Africa's spodumene supply chain alongside Mali's Goulamina and Bougouni projects.

2 hours ago