[CATL's Wu Kai: Sodium-ion mass production this year, lithium-air next]

Recent reports suggested that Toyota would suspend the development of the mass-production model of the "LF-ZC," an all-electric sedan under its luxury brand Lexus. Toyota responded, confirming the information is true, stating that the suspension is "part of the company's overall vehicle development project adjustments in light of changes in market demand." Toyota also emphasized that it has only adjusted development plans for certain vehicles and does not mean abandoning BEVs (battery electric vehicles).

From January to April, Suzhou's industrial added value grew 9.8% year-on-year, with total output reaching 1.61 trillion yuan (+7.3%). Twenty-seven of 34 industrial sectors saw growth (79.4% expansion surface), 16 of which exceeded 8%. High-tech output rose 11.7% to 916.5 billion yuan, led by aerospace (+23.1%), electronics (+20.0%), pharmaceuticals (+12.1%), and instruments (+14.6%). Production of smartphones (+8.5%), integrated circuits (+18.1%), optoelectronic devices (+18.2%), and lithium-ion batteries (+46.3%) increased rapidly.

Italian energy giant Eni and battery energy storage company Seri Industrial have signed an agreement to jointly develop an industrial supply chain for lithium iron phosphate (LFP) batteries, the two companies disclosed on Friday. In a joint statement, the partners said the collaboration will be carried out through their respective subsidiaries Eni Industrial Evolution and FIB. The scope includes the production of LFP battery cells and modules, as well as the assembly of stationary energy storage systems for the industrial and commercial sectors and systems for electric mobility.