CATL and Shanxi to Jointly Build New Energy Entire Industry Chain Cluster

Published: May 20, 2026 19:26
[[CATL and Shanxi Province to Co-build New Energy Entire Industry Chain Cluster] Recently, CATL signed a deep strategic cooperation agreement with the People's Government of Shanxi Province in Taiyuan, Shanxi, and signed a zero-carbon city cooperation agreement with the People's Government of Datong City. The two sides will seize the strategic opportunities of "building a new-type energy system" and "becoming an energy powerhouse," jointly creating a new energy entire industry chain cluster driven by the dual engines of "aluminum-lithium," and building an application hub centered on battery swapping heavy-duty trucks.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Core Lithium: Finniss Project Officially Resumes Mining Production
Common.Time.minsAgo
Core Lithium: Finniss Project Officially Resumes Mining Production
Read More
Core Lithium: Finniss Project Officially Resumes Mining Production
Core Lithium: Finniss Project Officially Resumes Mining Production
Core Lithium announced on May 20 that the Finniss project has officially commenced production resumption, with the Grants pit initiating its first blast. Raw ore processing is expected to begin in Q3 2026, and the first shipment of spodumene concentrates plans to be dispatched in Q4 2026 (Note: This Q4 refers to the company's fiscal year rather than the calendar year, and the current month has already entered the company's Q4).
Common.Time.minsAgo
Over 10 Mainstream Automakers Raise Prices on Select Car , NEV Market Shifts to New Phase of Value-Based Competition
1 hour ago
Over 10 Mainstream Automakers Raise Prices on Select Car , NEV Market Shifts to New Phase of Value-Based Competition
Read More
Over 10 Mainstream Automakers Raise Prices on Select Car , NEV Market Shifts to New Phase of Value-Based Competition
Over 10 Mainstream Automakers Raise Prices on Select Car , NEV Market Shifts to New Phase of Value-Based Competition
Since May, the NEV market has quietly undergone a shift in direction — more than 10 mainstream automakers, including BYD and Changan Qiyuan, have raised prices on select car models, with per-vehicle increases ranging from 2,000 yuan to 10,000 yuan. Against the backdrop of rising raw material costs and industry profits under pressure, the unsustainable low-price involution in the auto market has given way to a round of price increases characterized by "cost-driven necessity, notable structural differentiation, and more diversified pricing approaches." Industry insiders generally believe that the NEV market is transitioning from the extensive price competition of "volume discounts" to a new phase of value-based competition centered on technology, products, and services.
1 hour ago
[Lithium Battery: Dynanonic Plans To Invest 2.4 Billion Yuan In 200,000 Tons/Year Phosphate Production Line]
1 hour ago
[Lithium Battery: Dynanonic Plans To Invest 2.4 Billion Yuan In 200,000 Tons/Year Phosphate Production Line]
Read More
[Lithium Battery: Dynanonic Plans To Invest 2.4 Billion Yuan In 200,000 Tons/Year Phosphate Production Line]
[Lithium Battery: Dynanonic Plans To Invest 2.4 Billion Yuan In 200,000 Tons/Year Phosphate Production Line]
On May 20, Dynanonic disclosed that it plans to sign an "Investment Agreement for the Dynanonic Lithium Battery New Materials Integration Project" with the People's Government of Zhanyi District, Qujing City. The company intends to invest in the construction of a new "Dynanonic Lithium Battery New Materials Integration Project" in the Qujing High-tech Industrial Development Zone. The project will primarily build a 200,000 tons/year advanced phosphate material production line, along with supporting auxiliary facilities for fire protection, environmental protection, research and development, and office use. The estimated total investment for the project is approximately 2.4 billion yuan. The construction period is 24 months, with plans to commence in May 2026.
1 hour ago