[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

[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)

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[SMM Analysis] 2025 H1 China New Energy Vehicle Market Review: Program of Large-Scale Equipment Upgrades and Consumer Goods Trade-ins + Purchase Tax Reduction and Exemption + Automaker Price War

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

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