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TrendForce: Power battery demand and prices held steady in May, but prices may fall in June.
After experiencing a low capacity utilization period in the first quarter of this year, the power battery industry chain has seen a significant recovery in market demand since March, and an explosive demand during the peak season in April has driven the production recovery of the lithium battery industry, slightly raising the price of power batteries.
Guolian Securities: The lithium battery equipment industry is expected to usher in a boom after the domestic market is phased out
Guolian Securities believes that it is currently at the bottom of the main lithium battery industry chain. After experiencing this round of industry adjustments, advanced production capacity in the market is still insufficient, and against the backdrop of continued growth in terminal demand, leading domestic lithium battery companies may restart and expand production in order to consolidate their market share.
Lithium batteries have brought a benefit
Marginal improvement
Hongqiao Group (08137.HK) signed a memorandum of understanding on technical consulting services with Zangge Mining
Gelonghui May 3 丨 Hongqiao Group (08137.HK) issued an announcement. On May 3, 2024, the company and Zangge Mining (000408.SZ) signed a non-legally binding technical consulting service memorandum. The company is currently discussing and reviewing several salt lake lithium extraction projects in South America, and will require professional technical consultants to carry out project analysis and planning. Zangge Mining has experience in developing lithium salt lakes. Its self-developed process solved the problem of extracting lithium from ultra-low salt lake brine and problems such as excessive boron in salt lake lithium products, greatly improving product quality and reducing product costs. At the same time, Zangge Mining
洪橋集團:年報 2023
The total cumulative output of power and other batteries in China in the first quarter was 184.6 GWh, a cumulative year-on-year increase of 33.5%
The Zhitong Finance App learned that on April 11, the China Automobile Power Battery Industry Innovation Alliance released monthly power battery information for March 2024.
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