"Zhongneng Optoelectronics Breaks Ground on 900-Unit Annual Battery Equipment Project, Set for 2028 Completion"

On May 9, BYD signed a strategic cooperation agreement for Flash Charging China with CAR Inc., along with a framework agreement for the procurement of 100,000 vehicles. According to the agreement, BYD and CAR Inc. will conduct in-depth cooperation around the "Flash Charging China Strategy," planning to install BYD flash charging piles at eligible CAR Inc. service locations nationwide. This will establish an extensive, efficient, and convenient charging service network, jointly enhancing the user travel experience. At the same time, the framework agreement for the procurement of 100,000 vehicles signed by the two parties will further consolidate BYD's core position in the new energy vehicle fleet of CAR Inc. and assist CAR Inc. in continuously expanding its scale of green mobility capacity.

On May 10, Huayou Cobalt disclosed the latest developments regarding its subsidiary's transfer of related rights and obligations and the acquisition of equity in Atlantic Lithium Limited. The core content of this rights and obligations transfer includes obtaining the right to acquire a 22.5% stake in Atlantic Lithium's Singapore subsidiary. It also involves securing an offtake right for no less than 50% of the products from the Ewoyaa Lithium Project and assuming related obligations for project development. If both the "Contract Novation Agreement" and the transaction to acquire 100% of Atlantic Lithium are completed, Huayou Cobalt will indirectly hold an 87% interest in the Ewoyaa Lithium Project.

[Chile's Lithium Carbonate Exports Totaled 29,500 mt in April 2026, While Lithium Sulfate Exports Totaled 12,100 mt] According to Chilean customs export data, Chile's total lithium carbonate exports in April 2026 were 29,500 mt, up 3.40% MoM and up 35.63% YoY. Among them, exports to China were 22,956 mt, up 21.29% MoM and up 47.67% YoY; exports to South Korea were 3,489 mt, down 45.34% MoM but up 32.47% YoY; exports to Japan were 1,160 mt, down 10.74% MoM but up 48.05% YoY. In April 2026, Chile's total lithium sulfate exports were 12,100 mt, all exported to China, down 26.85% MoM but up 33.57% YoY.