[SMM Analysis：China's Lithium Hydroxide Exports Totaled 2,876 Tonnes in October Down 56% Month-on-Month]

The plan proposes that by 2028, the capacity and shipments of products across the entire AI server industry chain will achieve leapfrog growth, and the global market share of products in key areas such as core chips, memory, printed circuit boards (PCBs), power supply and energy storage, optical modules, and passive components will increase significantly; breakthroughs will be achieved in core chips and key products, a group of “specialized, sophisticated, distinctive, and innovative” enterprises and “single-product champion” enterprises with strong technological capabilities and significant market advantages will be cultivated in a tiered manner, and an industrial echelon featuring the coordinated development of large, medium-sized, and small enterprises will take shape.

This week solid-state battery material prices showed structural divergence: sulphide-route LPSC and lithium sulphide prices declined, while oxides remained stable. On the industrial side, the Taiblue–Yadea two-wheeler semi-solid-state battery achieved commercial rollout; BTR’s solid electrolyte orders surged; and WELION New Energy’s 2 billion yuan project was sited in Huadu, Guangzhou. Upstream price cuts resonated with downstream deployment, accelerating the commercialisation process.

Although domestic NEV sales have fallen short of expectations, seasonal recovery combined with overseas export rush demand has driven a notable rebound in domestic EV market orders during March.