[Lithium Battery: Tianqi Lithium's Q1 2026 Net Profit Expected To Reach 2 Billion Yuan]

On April 21, news emerged that Zhaoxin Shares disclosed an announcement regarding its wholly-owned subsidiary's external investment to establish a joint venture company. The company's wholly-owned subsidiary, Qinghai Ruiqi New Material Technology Co., Ltd., plans to sign a "Joint Venture Operating Agreement" with Shenzhen Chaochuang Sanre New Energy Technology Co., Ltd. to jointly invest in establishing a joint venture company, deepening upstream and downstream supply chain cooperation in salt lake resources. The company aims to achieve deep synergy in areas such as the development and utilization of salt lake resources, waste battery recycling, and lithium-containing raw materials.

Chinese battery maker Sunwoda unveiled its next-generation LFP battery, “Xingchi Supercharge 2.0,” during its Technology Day event. The key highlight of Xingchi 2.0 is its peak charging capability of up to 15C. Based on a 98.8 kWh battery, it can theoretically accept up to 1,482 kW of power. The showcased battery pack, built with 264 prismatic cells, operates under an 844.8V high-voltage system and can handle currents of up to 1,800A. It can charge from 5% to 75% in just 5 minutes and 30 seconds, with an average charging rate of 6.7C.

Hyundai Motor Group is set to begin operations at battery plants in Georgia, jointly established with LG Energy Solution and SK On, with one facility starting this month and the other later this year. Once fully ramped up, the group will secure annual EV production capacity exceeding 600,000 units in the U.S. LG Energy Solution’s plant will have an annual capacity of 30 GWh, supplying cells for models such as the Ioniq 5 and Ioniq 9 produced at HMGMA. Meanwhile, SK On’s 35 GWh capacity will be converted into battery packs by Hyundai Mobis and fully supplied to Hyundai, Kia, and Genesis EVs manufactured in the U.S.