MOC: In May, NEV Domestic Retail Penetration Rate Hit 62.9%, Setting a New Record High

[Solid-state battery: Guxin Energy completes hundred-million-yuan level financing, strategic upgrade anchors on embodied AI, low-altitude economy, and commercial aerospace] On August 11, 2026, Guxin Energy announced the completion of hundred-million-yuan level financing. This round of financing was led by Toukong Donghai, with participation from Jianyuan Fund, and Lanqiao Capital acted as long-term financial advisor for the subsequent phase. The closing of the financing marks Guxin Energy's official upgrade from a specialty high-end battery supplier to a core energy infrastructure service provider in the embodied AI, low-altitude economy, and commercial aerospace tracks. Its core manufacturing team comes from China's top-tier new energy vehicle OEMs; meanwhile, as an important commercialisation unit for scientific research achievements of the Institute of Physics, Chinese Academy of Sciences, it forms a dual-driven advantage of 'industrialisation implementation + cutting-edge technology R&D'. Mass production capability: Guxin Energy positions itself as a top-tier player in the mass production of solid-liquid hybrid lithium batteries, and has established high-end battery manufacturing bases in Liyang, Jiangsu and Ji'an, Jiangxi.

[Chile's July 2026 Lithium Carbonate Exports 23,400 mt, Lithium Sulfate Exports 7,700 mt] According to Chile's customs export data, in July 2026, Chile's total lithium carbonate exports were 23,400 mt, up 8.31% MoM and up 11.63% YoY. Of which, exports to China were 15,051 mt, down 0.29% MoM but up 10.4% YoY; exports to South Korea were 4,023 mt, up 6.92% MoM but down 34.18% YoY; exports to Japan were 1,589 mt, up 1.29% MoM and up 158.1% YoY. In July 2026, Chile's total lithium sulfate exports were 7,700 mt, all to China, down 48.38% MoM and down 25.75% YoY.

*(Bloomberg)* — A consortium led by Glencore Plc has tabled a competing rescue proposal for debt‑stricken Canadian nickel‑cobalt producer Sherritt International Corp., challenging a planned control investment from Gillon Capital linked to former US adviser Ray Washburne. Submitted to Sherritt’s board on June 26, the non‑binding proposal will bring fresh capital to the miner. Upon full dilution, the consortium will hold a minimum 55% equity stake. Eligible existing shareholders may subscribe for new shares at C$0.12 apiece. The group comprises an unnamed US anchor investor, Trifon Natsis, Kyma Capital Ltd. and Glencore. In May, Sherritt announced a private placement deal with Texas‑based family office Gillon Capital, which would secure it a 55% controlling interest, though the transaction price was undisclosed. The deal has drawn pushback from creditors and investors. Kyma, Sherritt’s largest shareholder, intends to convene a special general meeting to oust the chairman and one director over leadership concerns. Sherritt operates the Moa nickel‑cobalt open‑pit mine in Cuba. Operations were suspended in February amid local energy crises and tightened US sanctions against Cuba. The consortium stated its offer is fully equity‑funded to sustain Sherritt’s nickel‑cobalt assets including the Fort Saskatchewan refinery. Sherritt warned last month its going‑concern status is at risk if lenders accelerate debt repayment on a declared default.