Nissan Motor today announced its performance in the Chinese market for November 2023, encompassing passenger vehicles and light commercial vehicles, achieving a combined monthly sales volume of 74,879...

Luo Qi, former head of software architecture, regulation, control, and vehicle interaction technology for Baidu's L2+ autonomous driving business, has joined NVIDIA's automotive division as Engineerin...

Geely-associated DreamSmart Group recently unveiled its new executive team on its official website. Former Chairman and CEO of DreamSmart Group, Mr. Shen Ziyu, is notably absent from the new executive...

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

On April 16, at the AICE 2025 SMM (20th) Aluminum Industry Conference and Aluminum Industry Expo—Main Forum, hosted by SMM Information & Technology Co., Ltd., SMM Metal Trading Center, and Shandong Aisi Information Technology Co., Ltd., and co-organized by Zhongyifeng Jinyi (Suzhou) Technology Co., Ltd. and Lezhi County Qianrun Investment Service Co., Ltd., price discovery economist Shiqi Qi shared the status and role of price discovery in the strategic positioning of the industry under the framework of global restructuring. Some excerpts from his speech are as follows: Regarding Price Discovery First, he elaborated on price discovery. As an important term in modern economics, price discovery was defined in 1997 as: "Price discovery refers to the process by which buyers and sellers agree on the price of a commodity in terms of quality and quantity at a given time and place, involving market structure, market behavior, market information, futures markets, and risk management." Western economics believes that the supply and demand process, due to the game between buyers and sellers, forms an equilibrium price through bidding. The 2020 Nobel Prize in Economics was awarded to the book "The Discovery of Price," authored by Paul R. Milgrom and Robert B. Wilson. The discovery of price mainly refers to the discovery of future prices. Because the discovery of prices that have already occurred or are occurring does not play a key role in the analysis of investors, enterprises, industries, or the global economic landscape. Western economics' research on future prices mainly involves incorporating information from company financial reports, policy changes, and insider information into prices through trading behavior. Simply put, they focus on trading volume, price fluctuations, liquidity, and the number of participants in investments, using these as important information resources for price discovery, and primarily employing traditional statistics in calculations. In recent years, new-type technological means such as big data and artificial intelligence have also been applied to price discovery. Artificial intelligence and big data mainly focus on short-term speculative behaviors regarding future price fluctuations, and are still in a blind spot for judging the major cycles of industries. The price of commodities is related to the following factors: First, consider the Earth as a square module, and divide it into grids of equal spacing (e.g., 10m×10m, 100m×100m). Establish a coordinate system on it, assigning unique coordinates to each grid (e.g., X-Y axis or latitude and longitude).

While the lead industry continues to develop, the supply imbalance of raw materials is also intensifying. In terms of lead concentrates, the tight supply situation has worsened. Due to gold and silver prices being at a relatively high level, smelters' demand for high-grade lead concentrates has increased, while domestic lead concentrate TCs have continuously hit new lows. Regarding scrap, according to the SMM survey, in recent years, the generation of scrap batteries and their processing capacity have not matched, leading to an oversupply of secondary lead capacity. In 2024, with new secondary lead capacity continuing to be released, domestic scrap supply is limited, and there is also a loss of scrap through exports. Additionally, during H1, the lead-acid battery market is in its traditional off-season, with battery scrap volumes at their lowest point of the year, further exacerbating the supply imbalance. To help industry professionals gain a clearer and more intuitive understanding of the global distribution of lead ingot raw material enterprises, Shanghai Metals Market (SMM) has partnered with Xiangtan Lufeng Machinery Co., Ltd. to launch the "2025 Global Lead Ingot Raw Material Enterprises Resource Distribution Map." After annotation and layout, it will be printed and distributed to upstream and downstream customers. The aim is to provide the industry with an authoritative, comprehensive, and professional overview of the lead ingot raw material industry, establishing a communication bridge between various companies in the industry chain, breaking down information barriers, and jointly promoting the healthy and green development of the lead industry. Xiangtan Lufeng Machinery Co., Ltd. is located in Xiangtan, the hometown of great leaders. Founded in 2010, the company now has a team of excellent technicians and skilled workers, along with a range of supporting equipment such as lathes, milling machines, boring machines, drilling machines, automatic feeding, and welding. The company mainly engages in the development, manufacturing, installation, and commissioning of mining, smelting, and construction machinery, as well as the upgrading and transformation of old equipment. Currently, the main products include complete sets of equipment and supporting equipment for smelting, such as automatic production lines for lead, zinc, and aluminum casting, anode casting units, cathode plate making units, crushers, slag casting machines, lead liquid stirring machines, spent anode washing units, lead pumps, and lead pots. The company always adheres to the principles of "integrity, positivity, responsibility, and cooperation," strictly controlling processes and upholding the management philosophy of "customer first," providing high-quality products and thoughtful after-sales service. We welcome both new and long-established customers to call for inquiries or visit us for a field trip. Contact Information Company Website: http://www.xtlfjx.com/ http://www.xtlfjx.cn/ Phone: 13637325838 (Chaoqun Wan) Fax: 073158267061 Email: wan@xtlfjx.com SMM Map Joint Production Contact Qi Lv 18361710903 lvqi@smm.cn

Driven by continuous policy support and rapid advancements in battery technology, the installations of lithium batteries have been increasing year by year, and sodium-ion batteries are also thriving. This trend has significantly boosted domestic demand for battery anode materials. Looking back from 2023 to the present, the capacity of anode materials has expanded rapidly. However, due to over-planning in the early stages and rapid development, the market is currently facing an imbalance between overcapacity and insufficient demand, exacerbating phenomena such as losses and competition among anode-related enterprises. In recent years, the anode material market has undergone significant changes, with steady development of traditional anode materials, the continuous emergence of new-type anode material technologies, and ongoing innovation in new production processes. Examples include the continuous upgrading and optimization of traditional graphite anodes, the R&D of silicon-based anodes and hard carbon anodes, and innovations in continuous graphitisation processes. The entire industry chain is making continuous progress, driving the development of the industry. Through long-term in-depth involvement in the new energy sector, SMM has accumulated a network of resources across the entire new energy industry chain and has gathered insights into the procurement needs of downstream battery enterprises and terminal automakers in the anode material market. Therefore, to further focus on the development of the new energy industry and better provide professional, efficient, precise, and convenient services to practitioners across the entire anode material industry chain, SMM has collaborated with major associations and institutions in the industry chain to jointly create "China's Silicon-Based Anode Material Industry Distribution Map 2025" . This map aims to provide authoritative, comprehensive, and professional enterprise distribution information to clients across the entire industry chain, helping them understand the layout of the national anode material industry chain and promoting the healthy development and rapid upgrading of the new energy industry. We now invite clients from upstream and downstream of the national anode material industry chain to jointly participate in the production and supervision of this map, and assist in the full-scale promotion and distribution of "China's Silicon-Based Anode Material Industry Distribution Map 2025". We welcome the participation of renowned enterprises! A map that has been collected by over 50 battery factories, including CATL, FinDreams, Yunshan, and Sunwoda A map that has been collected by over 30 automakers, including NIO, Li Auto, Toyota, and FAW Capacity annotations for over 120 anode enterprises Four enterprises, including Shenghua and Jinhuineng, have confirmed sponsorship cooperation Anode enterprises are welcome to mark their capacities for free, and industry chain users are welcome to repost for pre-collection for free. Click the link , register your address on the last page, repost it to your Moments in the top right corner, and receive free home delivery❗ Contact person for SMM's joint map production Qi Chen chenqi@smm.cn

With the continuous promotion of national policies and the rapid advancement of battery technology, the installations of lithium batteries have been increasing year by year, and sodium-ion batteries are also thriving. This trend has significantly driven the domestic demand for battery anode materials. Looking back from 2023 to the present, the capacity of anode materials has expanded rapidly. However, due to over-planning in the early stages and rapid development, the market is currently facing a contradiction between overcapacity and insufficient demand, exacerbating phenomena such as losses and competition among anode-related enterprises. In recent years, the anode material market has undergone tremendous changes. Traditional anode materials have been steadily developing, new-type anode material technologies have continuously emerged, and new production processes have been continuously innovated, such as the continuous upgrading and optimization of traditional graphite anodes, the R&D of silicon-based anodes and hard carbon anodes, and the innovation of continuous graphitisation processes. The entire industry chain has been making continuous progress, driving the development of the industry. To facilitate industry peers in gaining a clearer and more intuitive understanding of the global market distribution of lead ingot raw materials, SMM (Shanghai Metals Market) has joined hands with Sichuan Jinhuineng New Materials Co., Ltd. to grandly launch the "2025 China Silicon-Based Anode Material Industry Distribution Map" , which will be printed and distributed to upstream and downstream customers in the industry after annotation and typesetting. This map aims to provide authoritative, comprehensive, and professional enterprise distribution information to clients across the entire industry chain, helping them understand the layout of the national anode material industry chain and promoting the healthy development and rapid upgrading of the new energy industry. Sichuan Jinhuineng New Materials Co., Ltd., originated from Shenzhen Jinrun Company established in 2004, was transformed from the pilot platform of the Institute of Metal Research, Chinese Academy of Sciences, led by Academician Cheng Huiming. It has accumulated 20 years of experience in lithium battery material technology. Headquartered in Chengdu, Sichuan, China, it is a professional manufacturer integrating R&D, production, and sales of lithium-ion battery anode materials. It owns wholly-owned subsidiaries such as Shenzhen Jinrun, Sichuan Jintaineng, Ya'an Jinhuineng, Chongqing Jinhuineng, and Anhui Jinhuineng. It has established three R&D and innovation centers: the "Anode Material Development Center, Analysis and Testing Center, and Application Development Center," as well as three scientific research platforms: the Enterprise Postdoctoral Workstation, the Key Engineering Laboratory for Anode Materials of Lithium-Ion Power Batteries, and the National Enterprise Technology Center. Achieving full life cycle, entire industry chain, and integrated production in the anode industry Nearly 50 national invention patents National "Specialized, Sophisticated, Unique, and New" Little Giant Enterprise National High-Tech Enterprise IATF16949 Certification for the Automotive Industry Most Promising Enterprise Award in the Lithium Battery Anode Material Industry for 2023 Outstanding Supplier in China's Lithium Battery Anode Material Industry in 2022 Leading Editorial Unit for the "Technical Specification for Production of Anode Materials for Lithium-ion Batteries" Undertaking Unit for Major Projects under the National Strategy of the "Chengdu-Chongqing Twin-City Economic Circle" Top 100 New Economy Demonstration Enterprises in Sichuan Province Sichuan Provincial Enterprise Technology Center Please scan the QR code to receive the SMM map Contact for SMM Map Co-production Chen Qi 17265280978 chenqi@smm.cn

On April 17, at the AICE 2025 SMM (20th) Aluminium Conference & Aluminium Industry Expo - Aluminium Industry Chain Sustainable Development Forum , hosted by SMM Information & Technology Co., Ltd. (SMM), SMM Metal Exchange Center, and Shandong AIS Information Technology Co., Ltd., and co-organized by Zhongyifeng Jinyi (Suzhou) Technology Co., Ltd. and Lezhi County Qianrun Investment Promotion Service Co., Ltd., Guo Qi, ASI Assurance Manager of the Aluminium Stewardship Initiative (ASI), shared insights on the implementation of global sustainable standards for the aluminium industry chain and the progress in building a sustainable aluminium value chain. The Aluminium Stewardship Initiative (ASI) is a global non-profit standard-setting and certification organization. Vision, Mission, and Values Vision: Maximize the contribution of aluminium to a sustainable society. Mission: Recognize and collaboratively promote responsible production, sourcing, and stewardship of aluminium. Values: Ensure inclusivity in work and decision-making processes by promoting the participation of all relevant stakeholders. Encourage broad participation across the entire aluminium value chain, from bauxite and alumina to aluminium (from mining to downstream users). Promote shared responsibility for material management throughout the aluminium life cycle, from extraction, production, and use to recycling. The presentation also covered the brief history of ASI, reasons for its establishment, governance structure, global consistency documentation system, membership growth, ASI today, and its core work. Core Work: ASI collaborates with producers, users, and other stakeholders to promote responsible aluminium production, sourcing, and stewardship, driving transformation in the global aluminium value chain through the following means: • Standard Setting and Certification • Auditor Certification • Training and Capacity Building • Multi-Stakeholder Governance • Indigenous Peoples Advisory Forum (IPAF) • Promoting Collaboration through Partnerships and Mutual Recognition • Impact Assessment and Monitoring ♦ Strategic Evolution… ♦ Joining ASI Be part of a global effort to drive positive change. Enhance performance through focused actions and expand progress on key environmental, social, and governance issues. The presentation also elaborated on ASI certification. ♦ ASI and Climate Climate responsibility of the aluminium industry: Accounts for 2% of global anthropogenic greenhouse gas emissions (CO₂ equivalent) and 4% of global CO₂ emissions. ASI requires certified entities to: Develop greenhouse gas (GHG) emission reduction plans and use ASI-approved methodologies to ensure that the GHG emission reduction pathway aligns with a 1.5-degree Celsius warming scenario. ♦ ASI's GHG Pathway Methodology… Proven Methodology • It is a method for measuring the long-term GHG emission intensity performance of specific entities, in line with the industry's 1.5-degree scenario. • Respect the 1.5-degree scenario carbon budget for the industry • Warn that the slope may/will change if action is delayed • Forward-looking methodology • Not a measurement standard for "low-carbon," "green," or "net-zero" aluminum ♦ Parallel recognition ♦ Value brought Value to members: • Demonstrate leadership and commitment in responsible production, sourcing, and management of aluminum within the industry • Enhance performance in key Environmental, Social, and Governance (ESG) issues through collective action, accelerating the sustainable development process • Access specialized learning resources on ASI aluminum sustainability • Advance the ASI certification process for both the enterprise and its suppliers • Participate in ASI's ongoing work projects from a strategic corporate perspective • Join ASI's governance system, including the operation of various specialized working groups • Utilize ready-made sustainability management tools to efficiently address challenges in the aluminum value chain • Gain the right to use the ASI membership logo and a dedicated display page on the official website Value to ASI: • Promote widespread collaboration and the widespread application of ASI standards within the aluminum value chain • Infuse your professional voice and industry influence into our mission • Create a demand boost for ASI-certified products in downstream markets • Enhance industry awareness of sustainable aluminum • Share your valuable experiences in other responsible sourcing projects 》Click to view the special report on the AICE 2025 SMM (20th) Aluminum Conference & Aluminum Industry Expo

Recently, the Sichuan Provincial Department of Economy and Information Technology issued the Medium and Long-Term Development Plan for the Hydrogen Energy Industry in Sichuan Province (2025-2035) (Chuan Jing Xin Qi Che Gui Dao [2025] No. 99, hereinafter referred to as the "Plan"). The Plan is divided into six parts in total. The first part is the planning background. It systematically analyzes the development status and trends of the global and national hydrogen energy industries, comprehensively dissects the development foundation of Sichuan's hydrogen energy industry, and summarizes and positions the development of Sichuan's hydrogen energy industry, providing support for the scientificity and rationality of the Plan. The second part is the overall requirements, including guiding ideology, basic principles, and development goals. The Plan (Draft for Review) adheres to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, takes "adapting to local conditions, building industrial clusters and strengthening the industry chain, independent innovation, market orientation, and safe development" as the basic principles, and proposes a "three-step" development goal for 2027, 2030, and 2035. Based on Sichuan's resource endowments and industrial foundation, it focuses on collaborative innovation across the entire hydrogen energy industry chain and diverse scenario applications, promoting the accelerated realization of building industrial clusters and strengthening the industry chain, as well as high-quality development of Sichuan's hydrogen energy industry. The third part is the key tasks. The Plan systematically proposes 16 tasks across five aspects. First, in terms of steadily promoting the diverse application of hydrogen energy scenarios, it proposes four tasks: accelerating the large-scale application in the transportation sector, expediting the substitution application in the industrial sector, actively creating scenarios in the energy supply sector, and reasonably arranging diverse applications in the ESS sector. Second, in terms of comprehensively advancing the construction of a hydrogen supply network, it proposes three tasks: scientifically arranging hydrogen production facilities, steadily constructing a storage and transportation system, and comprehensively planning hydrogen refueling networks. Third, in terms of continuously enhancing the level of independent technological innovation, it proposes four tasks: accelerating breakthroughs in key technological innovations, improving the performance level of high-end equipment, promoting the construction of scientific and technological innovation platforms, and enhancing the support capacity of industrial talents. Fourth, in terms of accelerating the construction of an ecological system for the entire hydrogen energy industry chain, it proposes three tasks: cultivating a high-level enterprise echelon, strengthening the industrial synergy of hydrogen energy equipment, and promoting the integration of manufacturing and service industries. Fifth, in terms of establishing and improving a hydrogen energy safety standard system, it proposes two tasks: constructing a hydrogen energy standard system and improving the safety supervision mechanism. The fourth part is spatial layout. Fully integrating with Sichuan Province's regional development strategies and the resource endowments of various regions, it prospectively proposes a strategic spatial layout of "one cluster, one base, one highland": namely, led by "anchor" enterprises, relying on the equipment manufacturing advantages of Chengdu, Zigong, Deyang, Nanchong, and other places, linking up with surrounding cities such as Mianyang and Leshan, and striving to build a high-end hydrogen energy equipment manufacturing cluster; relying on the clean energy resources in Panxi, north-west Sichuan, and other places, building a nationally important large-scale green hydrogen supply base to high standards; based on the entire province, systematically constructing a "one corridor, multiple routes" hydrogen transportation application system, a plateau hydrogen energy livelihood application demonstration belt, and a multi-point demonstration area for comprehensive application scenarios, and fully striving to create a highland for comprehensive hydrogen energy application demonstrations. The fifth part outlines the safeguard measures. To ensure the implementation of the Plan, a series of safeguard measures have been systematically designed, mainly including strengthening organizational coordination, enhancing policy support, increasing financial guarantees, and strengthening factor guarantees. These measures aim to promote good synergy among all links of the industry chain, effectively drive continuous in-depth technological innovation and market promotion, and gather the strengths of all parties to jointly ensure the timely achievement of the planning objectives.