SK Rent-a-Car and PM Grow Sign MOU on EV Battery Diagnostics

Recently, the official website of Zhuzhou Economic Development Zone in Hunan Province released information regarding a pre-approval public notice for the environmental impact report of the annual 10,000-ton lithium battery material production line recycling renovation project of Hunan Leaguer Group Co., Ltd. The project is located at No. 1728, Changlong Road, Zhuzhou Economic Development Zone, Hunan Province. The project will utilize existing factory buildings for renovation. It involves retrofitting the existing ternary precursor cathode material production line 1 (5,000 t/a) by adding a nickel-cobalt-manganese mixed metal dissolution and impurity removal process; converting the existing 5,000 t/a iron phosphate production line into ternary precursor cathode material production line 2 (5,000 t/a); trial production of ternary precursor cathode materials will continue to rely on the existing pilot-scale line; simultaneously, the treatment measures for production exhaust gas, wastewater, and solid waste will be renovated.

On June 25, Zhejiang Yongtai Technology Co., Ltd. issued an announcement stating that its wholly-owned subsidiary, Zhejiang Yongtai New Energy Materials Co., Ltd., has recently entered into a procurement cooperation agreement with Contemporary Amperex Technology Co., Limited (CATL) regarding the electrolyte additive VC material, with a term valid from June 1, 2026, to December 31, 2029. The agreement specifies the product delivery plan for the next three years: 20,000 tons ±5% in 2027, 30,000 tons ±10% in 2028, and 40,000 tons ±12% in 2029. Additionally, the agreement stipulates that if CATL's demand for electrolytes changes due to market demand fluctuations, technology route changes, or other reasons, CATL has the right to revise the required quantity of vinylene carbonate, with actual demand to be determined by specific purchase orders.