Latest Update in the SMM Coal Market

On April 25, at Auto China 2024 in Beijing, Dongfeng AEOLUS officially launched the L7 SUV model, introducing five models priced between 128,900 yuan and 156,900 yuan.

On April 25, ZEEKR, Geely's premium new energy vehicle brand, officially launched the Sustainable Experience Architecture-M (SEA-M) at the Auto China 2024 in Beijing.

On April 25, BAIC Group, along with BEIJING, ARCFOX, Beijing Benz, and Beijing Hyundai brands, showcased their latest offerings of 19 vehicle models at the Auto China 2024 in Beijing.

On April 25th, BYD Dynasty range's newest mid-size sedan, the Qin L DM-i, made its global debut at the Auto China 2024 in Beijing.

On April 25, at the Auto China 2024, DENZA, a premium electric vehicle brand under BYD, globally premiered its luxury flagship sedan, the DENZA Z9GT.

On April 25th, Geely Auto showcased its cutting-edge technologies at the Auto China 2024 in Beijing.

Due to the continuous decline in battery prices, EVE Energy's revenue and net profit both declined in the first quarter of this year, but the company's energy storage battery business continued to grow, with shipments surpassing that of power batteries.

According to customs data, China's rare earth metal ore imports in March 2024 were 5905.7 tons, a year-on-year increase of 55% and a month-on-month increase of 68%. The cumulative imports from January to March 2024 were 13,511 tons, a year-on-year decrease of 19%. From January to March 2024, China's unspecified rare earth oxide imports totaled 12,135 tons, a year-on-year increase of 21%. The import volume in March was 5169.3 tons, a year-on-year increase of 34% and a month-on-month increase of 65%.