South Korea’s Ministry of Land, Infrastructure and Transport announced that it will pre-announce amendments to the Enforcement Decree and related regulations of the Automobile Management Act to enhance safety management of batteries used in electric vehicles. The revisions include expanded information disclosure and stricter criteria for certification revocation. Under the new rules, consumers will be able to access more detailed information when purchasing EVs, including the battery’s country of origin, manufacturer, and production date.

Smart meter deployment in the UK has hit a slump, prompting the government to introduce stricter regulations for energy retailers to ensure full domestic coverage by the end of 2030. While 21.8 million smart electricity meters were operating by the end of 2025, 7.8 million traditional meters still need replacing. To meet the 'Clean Power 2030' target, suppliers must submit binding annual deployment plans to Ofgem, replace outdated 2G and 3G meters before the 2033 network switch-off, and adhere to a strict 90-day window to repair faulty units or face penalties. This regulatory push aligns with the UK's broader efforts to integrate residential batteries and EVs into grid flexibility markets.

From March 11 to 13, 2026, the 14th InterBattery 2026 was held at the COEX Convention & Exhibition Center in Seoul, South Korea. As the largest and most representative battery industry exhibition in South Korea, it is on par with China’s CIBF and CLNB.

SMM News: As of March 20, 2026, the market price for Praseodymium-Neodymium (Pr-Nd) metal in China stabilized temporarily at 890,000–910,000 RMB/ton. This article utilizes the SMM Pr-Nd Terminal Demand Calculation Model to dissect the demand logic for 2026 across three core sectors—New Energy Vehicles (NEVs), Internal Combustion Engine (ICE) vehicles, and Wind Power—explaining the current supply-demand dilemma facing the NdFeB magnet and broader Pr-Nd markets.

Changan Automobile released an announcement on the record of its investor relations activities, stating that the company’s overall sales target for 2026 is 3.3 million units, including 1.4 million new energy units and 750,000 units outside China. Over the next three years, it will launch a cumulative total of 43 new products, including 35 new energy car models; 26 new products will be launched in markets outside China, covering more than 140 countries and regions.

It is worth noting that the overall overseas ternary cathode demand outlook for 2026 remains subdued. The U.S. market has been sluggish since the fourth quarter of last year, prompting many overseas manufacturers to place their hopes on the European market.

[SMM Aluminum Express News] Indonesia's Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, held a bilateral meeting with Japan's Minister of Economy, Trade and Industry (METI), Ryosei Akazawa, on the sidelines of the Indo Pacific Energy Security Ministerial and Business Forum (IPEM) in Tokyo, Japan, March 15, 2026. A key outcome was the signing of a Memorandum of Cooperation in two strategic areas: 1. Critical minerals (focusing on secure, sustainable supply chains for nickel, bauxite, lithium, rare earths, and others essential for batteries, EVs, and green tech). 2. Nuclear energy (covering technology transfer, human resource development, safety standards, regulatory alignment, and potential collaboration on small modular reactors or other advanced nuclear solutions).

[SMM Weekly Review of the Lithium Battery Electrolyte Market: Electrolyte Prices Remained Temporarily Stable This Week (2026.3.16-3.19)] From March 16 to March 19, 2026, electrolyte prices remained temporarily stable. Considering the overall trend in cost-side changes and the supply-demand pattern, electrolyte prices are expected to remain temporarily stable in the short term.

Vietnamese EV maker VinFast announced it has signed agreements with two Indonesian transportation companies to supply 20,000 pure electric vehicles over the next three years. Indonesia was VinFast's largest overseas market last year, primarily driven by the imported VF 3 and VF 5 models.

Volkswagen Group CEO said that in 2026, Volkswagen would launch affordable electric mobility products equipped with high-end technology. In the Chinese market, Volkswagen would kick off the largest product launch campaign in the company’s history. It would also set key milestone targets for the battery, software, and autonomous driving sectors.