Latest Update in the SMM Rare Earth Magnets Market

With Gasgoo Daily, we will offer daily important automotive news in China.

On September 12, FAW Group officially announced that its premium brand Hongqi had surpassed the deployment of 200 own-brand charging stations.

TELD and ZEEKR Power recently signed a strategic cooperation agreement to carry out deep collaboration in the field of electric vehicle (EV) charging infrastructure.

As the latest article from UBS ignites the lithium market, there are plenty of oversea lithium investers and market participant curious to learn about what had happened to the Chinese market and CATL’s current production status of lithium carbonate. As lithium analyst of SMM, it is my chance to share key information and my ideas with the readers of this article.

[SMM Data: Electrolyte Operating Rate in August] The operating rate of electrolyte in August 2024 was approximately 31.94%. The operating rate is expected to continue to rise in September.

Ultrasonic radar chip company Youhang Technology recently completed a Pre-A+ round of strategic financing worth tens of millions of yuan, led by a fund backed by 3PEAK.

Recently, Great Wall Motor’s Poer pickup range launched the Shanhai Poer HEV in South Africa, marking a significant entry into the local high-end hybrid pickup truck market.

On September 13, SAIC Motor's automotive intelligence division, Z-one Tech, announced the successful activation of the first sample of its second-generation central brain, ZXD2 (Z-ONE X Device).