Search results for web

SMM News, November 11: Key Points: In November 2025, BYD's FinDreams Battery updated the official technical information graphic for consumer batteries on its website, listing solid-state electrolytes under electrolytes as part of chemical innovations. Other materials, such as high-energy-density ternary cathode materials, high-energy-density silicon-based anodes, and ultra-thin, high-viscosity separators, were also integrated with solid-state electrolytes to form a closed loop for solid-state batteries. BYD is one of the six enterprises involved in the R&D, advancement, and commercial application of solid-state battery products and technologies supported by national subsidies. Its solid-state battery business is being advanced by its subsidiary, FinDreams Battery. Due to challenges in producing large-format solid-state battery cells, inconsistent batch stability, and downstream industries' sensitivity to the cost of solid-state batteries, the initial application areas for solid-state batteries will start with small batteries, low energy storage requirements, and cost-insensitive fields such as 3C consumer electronics, the low-altitude economy, and humanoid robots. FinDreams Battery's applications will also begin in these three areas. Its website updated the official technical information graphic for consumer batteries, listing solid-state electrolytes under electrolytes as part of chemical innovations. Other materials, such as high-energy-density ternary cathode materials, high-energy-density silicon-based anodes, and ultra-thin, high-viscosity separators, were also integrated with solid-state electrolytes to form a closed loop for solid-state batteries. BYD's overall solid-state battery roadmap is as follows: - 2027: Small-scale installation in vehicles is planned. - 2030: Achieve cost parity between solid-state and liquid batteries and expand to 40,000 units. - 2033: Achieve installation in 120,000 units and increase market share. The Chongqing Bishan base is planned with a capacity of 100 GWh, with the first phase of 20 GWh expected to commence production in 2026. At the 2025 Second China All-Solid-State Battery Innovation and Development Summit, BYD's CTO Sun Huajun announced that the company had already produced a 60 Ah all-solid-state battery sample in 2024. Through "sulphide electrolyte process optimization + mass production adaptation of silicon-based anodes," the cost during the mid-2025 pilot phase had been reduced to 1,200 yuan/kWh, a 33% decrease from the 2023 sample cost (1,800 yuan/kWh). Cost reduction: The adoption of an "integrated solid-phase sintering process" replaced traditional step-by-step synthesis, increasing production efficiency by 25% and raising yield from 65% to 85%. The use of NCM811 high-nickel materials instead of cobalt-based materials in the cathode reduced material costs by 20%. With the addition of the 20 GWh pilot production line in Shenzhen commencing operation in 2026, the battery cell cost is indeed expected to be reduced to 500 yuan/kWh during the 2027 demonstration installation phase. According to SMM projections, all-solid-state battery shipments are expected to reach 13.5 GWh by 2028, while semi-solid-state battery shipments are forecast to reach 160 GWh. By 2030, global lithium-ion battery demand is estimated to be around 2,800 GWh, with the compound annual growth rates from 2024 to 2030 for lithium-ion battery demand in EVs, ESS, and consumer electronics at approximately 11%, 27%, and 10%, respectively. The global penetration rate of solid-state batteries is projected to be around 0.1% in 2025, and is expected to reach about 4% for all-solid-state batteries by 2030. By 2035, the global penetration rate of solid-state batteries may approach 10%. **Note:** For further details or inquiries regarding solid-state battery development, please contact: Phone: 021-20707860 (or WeChat: 13585549799) Contact: Chaoxing Yang. Thank you!

Beijing (Gasgoo)- On October 23, autonomous driving solution developer Pony.ai signed a Memorandum of Understanding (MoU) with Luxembourg’s leading mobility provider, Emile Weber, to collaborate on the development and deployment of autonomous driving vehicle and technology in the country. In September this year, Pony.ai established its European R&D center in Luxembourg, focusing on cutting-edge autonomous driving R&D and tailored solutions for the European market. This partnership aims to promote the rollout of the company’s autonomous driving technology and products throughout Luxembourg and Europe, following the company’s MoU signed with the Luxembourg government in March 2024. Emile Weber, with over 150 years of operational history, is a major player in Luxembourg's mobility sector, offering public and private transportation, taxi services, vehicle rentals, and tourism services. Both companies agree that autonomous driving will play a crucial role in Luxembourg’s future transportation ecosystem. Pony.ai currently operates R&D centers in China, the U.S., and Europe. As its L4 autonomous driving technology, Robotaxi, and Robotruck business models mature, the company is accelerating its international expansion. Beyond Luxembourg, Pony.ai has initiated autonomous driving collaborations in countries such as South Korea, Saudi Arabia, and the UAE.

Dear all, To lower the barriers for overseas customers in using prices and browsing information, we have upgraded https://www.metal.com/ to support multilingual switching between English, Thai, Indonesian, and Vietnamese. During the initial launch phase, we welcome everyone to spread the exciting news and provide feedback for improvements. Our development team will respond promptly and adopt your valuable suggestions. You can visit our Metal platform at https://www.metal.com/ and switch languages in the top navigation to learn more. Overview of our multilingual website: 1. New interfaces in Thai, Indonesian, and Vietnamese, offering users a fresh experience; 2. Multilingual website data cover the latest prices for spot, futures, indices, news, and historical spot prices; 3. Price services on our English website have been upgraded into multilingual versions, and tax-inclusive spot price data is presented in Thai Baht and Indonesian Rupiah when switching to Thai and Indonesian languages. Feedback and Support: For any issues and feedback, please contact us, Product: Zhao Na (zhaona@smm.cn) SMM Product Department

Beijing (Gasgoo)-  On May 29, during the AWS China Summit 2024, Amazon Web Services (AWS) announced an enhanced strategic partnership with Chinese automotive intelligence solution provider NavInfo to jointly design and launch localized services and solutions for the automotive industry. The collaboration will leverage AWS' globally leading computing and storage services along with NavInfo's geographic data information capabilities. The partnership aims to deeply engage in intelligent connected vehicles, smart driving development, and mass production. This effort is intended to support customers in the intelligent connectivity field, accelerating the development of safe, stable, and efficient technology iterations within the industry. NavInfo provides comprehensive and cost-effective integrated software and hardware solutions to drive the rapid development of the smart mobility industry. With an outstanding technical team, strong R&D capabilities, and multiple leading qualifications, NavInfo has developed a product portfolio centered on intelligent driving solutions, smart cockpit solutions, cloud service platforms, HD maps, high-precision positioning, and automotive electronic chips. Additionally, NavInfo's extensive experience in data collection, processing, and updating allows it to offer highly reliable multi-dimensional data services for intelligent vehicles and application scenarios. Combining big data and AI capabilities, NavInfo aids customers in achieving full lifecycle data management and maximization of data utilization.

Beijing (Gasgoo)- On May 6, the official website of ONVO (“乐道” in Chinese), a mainstream family car-oriented brand of NIO, was officially launched, featuring the message "Stay tuned for the first model, L60". However, the information displayed on the ONVO website is limited. Apart from the official ONVO logo, no other details are provided. Additionally, ONVO has also opened an official Weibo account, but it remains inactive with no further information or posts. The launch of the ONVO website indicates that after nearly three years of preparation, NIO's sub-brand ONVO is entering an intensive promotional period. Furthermore, it has been reported that ONVO's management will make a public appearance on May 9, where details regarding responsible personnel, brand and logo meanings, as well as information about the ONVO App, will be clarified. According to Reuters, Nicolas Vincelot, General Manager for NIO in France, revealed at a Sino-French business forum in Paris on May 6 that ONVO, the sub-brand of NIO, is expected to launch the L60 model for the mass market by the end of May. Additionally, in 2025, ONVO plans to introduce a second brand, Firefly , positioned at a lower price point of under $30,000 (approximately 216,500 yuan). Vincelot emphasized NIO's commitment to launching a new pure electric vehicle brand that will better cater to the demands of the European market.

Firstly, global NPI capacity and output, which show a gradual increasing trend in the future. Although，in the past，Indonesia had restrictive new production lines, but for declared production lines can be continue. Second, although NPI balance expected to be in a large surplus, the actual surplus may not be as large as expected, the main reason is that when a commodity is excess, the company will Slowdown the production. Therefore, the declared production line may be postponed to 2024-2026, resulting in a continuous increase in NPI production capacity. We will also find that China's NPI production still shows a downward trend its becacuse Indonesia's NPI cost advantage. Next page is intermediate ， affected by the growth in demand, intermediate 's capacity and output expected to rise. For example, we all know that the downstream for MHP and high nickel matte is nickel sulfate, and the 22-year nickel sulfate production capacity is 750,000(seven hundred and fifty thousand) tons, but the actual production is more than 400,000( four hundred thousand) tons, the reason is the raw materials is sacarce, In this period, many companies start to building intermediate production lines in Indonesia in 2022. But we can see that the global production of high nickel matte is lower than MHP. Although the both can be used for nickel sulfate production. However, according to the production line of each company, the acceptance of MHP more high. 1. The production time of high nickel matte is short, but the production cost is high 2. high grade nickel matte have high requirements for the grade of nickel ore Althoug high nickel matte has some disadvantages compared to MHP，but, the production of high nickel matte will increase in the future。 From 2021, the process of RKEF to high nickel matte is opened up. Beginning in 2022, the high nickel matte converted by NPI show a large increase. So, where does the driving force come from? For this question, we can also understand that if the profit margin of production high nickel matte l is greater than selling NPI, we think that NPI has the power produce to high nickel matte. 2023 for example, the profits of high nickel matte from January to August are greater than NPI, but after August, due to the rise in nickel ore prices, the price difference between high nickel matte and NPI narrowed, so at this stage, the production of NPI showed an upward trend, while the production of high nickel matte was the opposite. In addition to profits, downstream demand also important, that is, stainless steel, nickel sulfate, and refined nickel. When demand decreases, the profit margin of nickel sulfate and Refined nickel narrows, resulting in a decrease in the production of high nickel matte. Downstream demand is so important for supply. What will be the future performance of stainless steel, refined nickel, and nickel sulfate? For stainless steel, the global 300 series shows a continuous growth trend, mainly because 300 series continues to have new production, second, in the future, it is expected that the production capacity of 200 series will be replaced by 300 series, mainly due to consumption upgrades. For raw materials of stainless steel, the raw materials of 300 series are still concentrated in NPI, and show an upward trend in the future. Refined nickel, Feni and scrap will continue to decline in the future. The main reason is that due to the large surplus of NPI, NPI production of stainless steel is more economical than other raw materials For nickel sulfate， we will find that nickel sulfate show a production increase and rapid expansion of capacity in the future,Last year, due to the rapid expansion of ternary and the extreme market of refined nickel，which led nickel sulfate to be shortage。Therefore, some companies begun to build their own nickel sulfate production lines to meet the needs, so we will find that the capacity of nickel sulfate in 2022 and 2023 shows a rapid expansion. However, it is worth noting that if there is a problem with the production line or downturn in demand, the nickel sulfate production expectation may change. In terms of global nickel sulfate production by region, China is still the main force of nickel sulfate production. Because the demand for nickel sulfate comes from China. Therefore, most of the overseas nickel sulfate is also exported to China. Secondly, the raw materials of overseas nickel sulfate production lines still use nickel beans, so nickel sulfate produced in China also has some advantages on the cost side. the expected proportion of nickel sulfate raw materials used in the future. We will find that in the future, the proportion of nickel sulfate will still focus on MHP. The future ternary direction is the main reason for the increase of nickel sulfate production。the demand for ternary batteries is still strong, and the demand for nickel is rising, but the demand for cobalt is showing a downward trend. So, the future ternary precursor will follow high nickel low cobalt trend. Similar to nickel sulfate, after 2022, we can see the global refined nickel capacity and output has an increase in production. That’s because 2 years ago extreme market led refined nickel prices is overvalued Affected by this, lot of China Company began to resume refined nickel production. At the same time, driven by high profits, many domestic and overseas companies start to build new Electro-Deposited Nickel production lines。 In terms of raw materials, high nickel matte and MHP are the main raw materials for refined nickel in the future。 The rapid expansion of the alloy industry is the main reason for the increase in refined nickel production. For alloys, it can be divided into 6 categories。 the market share of superalloys is high as 76%。In addition, superalloys are also used in harsh environments, so the requirements for raw materials is high. According to our research, the proportion of Jinchuan refined nickel is 78%. the growth rate for the future alloy industry is expected to be 20%。 Next, we can look at the proportion of global nickel supply side and demand side。 The change in the proportion of global primary nickel is in order to reflect the variability of the demand。we can see that although the production of refined nickel is expected to increase, its share of primary nickel is declining, which means that the increase of refined nickel is much less than , NPI and nickel sulfate For demand side， we will find that the current downstream proportion of global primary nickel is still dominated by stainless steel, because the main downstream of NPI is stainless steel. But we also find that the proportion of stainless steel will gradually narrow ，which means the growth rate of the stainless steel industry in the future will be slower than other industries, However, the new energy industry is supported by national policies, will continue to rise in the future. Moreover, want to explore more business opportunities and meet key stakeholders in 2024? Come and join us at @Indonesia Critical Mineral Conference 2024 in Jakarta, Indonesia in June 11-13, 2024. Nickel, Cobalt, Coals, Aluminum, Bauxite, Tin, and NEV. If you are interested, please visit the conference websites for more information. https://ni-co-ev-indonesia.metal.com/home https://tin-indonesia.metal.com/home https://coal-indoneisa.metal.com/home https://aluminium-indonesia.metal.com/home For any questions or feedback on this webinar, please feel free to contact @Zhuoxuan Li | zhuoxuanli@smm.cn . Contact SMM: Tel: +86 021 5155-0306 | Email: service.en@smm.cn . https://ni-co-ev-indonesia.metal.com/home https://tin-indonesia.metal.com/home https://coal-indoneisa.metal.com/home https://aluminium-indonesia.metal.com/home

SMM will be holding our FREE webinar “Unveiling the Shifting Dynamics of the Global Nickel Market: Insights from Indonesia's Conference and Beyond” at 4-5 PM, Wednesday, 13th March 2024 (Beijing time). We warmly invite you to join our complimentary webinar where industry experts will provide an in-depth analysis and groundbreaking insights into the ever-evolving nickel industry. Learn more: https://www.metal.com/events/live/unveiling-the-shifting-dynamics-of-the-global-nickel-market-insights-from-indonesias-conference-and-beyond/190 Agenda: 1. Keynote Speech: Global Nickel Supply And Demand Analysis And Outlook Highlights: -Expected and driving forces for global NPI and high nickel matte output and capacity -Expected and driving forces for stainless steel, nickel sulfate and Refined nickel output -Global supply and demand proportion of primary nickel -2019-2027E global nickel supply and demand balance Speaker: Jian Fu, Nickel Analyst, SMM 2. Panel Discussion: Resilience and Innovation: Strategies for Global Nickel Producers in Response to Evolving Market Dynamics and Emerging Opportunities Moderator: Dr. Yanchen Wang, Managing Director, SMM Global UK Ltd Speaker 1: Denis Sharypin, Strategic Marketing Director, Norilsk Nickel Speaker 2: Meidy Katrin, Secretary General, Indonesian Nickel Miners Association (APNI) Speaker 3: Jim Lennon, Senior Consultant, Macquarie (Confirming) Esteemed Speakers Line-up: Speaker 1: Jian Fu, Nickel Analyst, SMM Jian Fu, who graduated from Monash University with a master's degree in banking and finance, is currently an analyst in the nickel group of the big data department of Shanghai Metals Market (SMM), mainly responsible for pure nickel analysis. Daily research on the upstream and downstream fields of pure nickel, and establish cooperative contacts with upstream traders and downstream smelters. Have an in-depth understanding and judgment of price operation logic and macroeconomics. Speaker 2: Dr. Yanchen Wang, Managing Director, SMM Global UK Ltd Dr. Yanchen Wang is the managing director of SMM Global UK Ltd. He is responsible for SMM overseas commodity market research. As a well-known analyst in the global commodity market, He has profound expertise in Chinese and global aluminum, alumina, bauxite, downstream, recycling, power/energy, and other base metals markets. Speaker 3: Denis Sharypin, Strategic Marketing Director, Norilsk Nickel Denis Sharypin has attained a degree from Moscow State University in Russia and the Graduate school of Toyo University in Tokyo, Japan (both distinction with honors). Denis has worked for Norilsk Nickel for 14 years and currently stands as Strategic Marketing Director, responsible for covering the Base and Precious metals markets. Outside of Norilsk, Denis is the Chairman of the INSG Statistics Committee, Representative director at the Nickel Institute, and a representative member of the International Platinum Group Metal Association. Speaker 4: Meidy Katrin, Secretary General, Indonesian Nickel Miners Association (APNI) Since March 2017 as a secretary general of nickel miner association. Have the capability to handle the proposition and problems in nickel mining Focusing on the welfare of Nickel Miners in Indonesia. Work to develop more cooperation to support economic growth in Indonesia. Speaker 5: Jim Lennon, Senior Consultant, Macquarie (Confirming) Jim has 43 years of experience in researching the international metals and mining industries. Worked at Macquarie from 1994 to 2013. Founded his own consulting company, Red Door Research Ltd., in June 2013, specializing in economic analysis of commodity markets. Currently serves as a part-time consultant to Macquarie. We look forward to welcoming you to what promises to be an engaging and enlightening discussion on the future of the Nickel market. Warm regards, Shanghai Metals Market Team Contact us: Zhuoxuan Li | Email: zhuoxuanli@smm.cn

As the quest for sustainable energy solutions accelerates globally, the battery sector stands front and center in the pursuit of innovation and efficiency. Recognizing the significance of these rapid advancements, Shanghai Metals Market (SMM) is excited to announce an exclusive webinar that promises to provide keen insights into the evolving landscape of the Li-ion battery market, specifically under the influence of the IRA policy. We cordially invite you to join us for a FREE webinar on "The Global Li-ion Battery Pattern Is Changing Under The Influence Of IRA Policy," which will offer an in-depth analysis of the current trends and future outlook that are shaping this dynamic industry. Event Details: Date: Tuesday, February 6th, 2024 Time: 4:00 to 5:00 PM (China Standard Time) Key Speaker: Thomas Feng, ESS Senior Analyst, SMM Speaker’s Bio: Thomas Feng, Senior Energy Storage analyst of Shanghai Metals Market, mainly responsible for tracking and researching the battery and energy storage industry chain, with a deep understanding and judgment of the market situation. Proficient in maintaining close connections with first-hand market tendencies, able to facilitate strategic planning for the industries. Highlights: 1. IRA And FOEC Understanding 2. The Impact Of IRA Policy On Li-ion Battery Cost And Price 3. Current Global Li-ion Battery Market Structure And Chinese Companies' Reaction To The Policy 4. The Development And Problems Faced By The US Li-ion Battery Sector Secure your spot by registering today through the link provided [ https://www.metal.com/events/live/the-global-li-ion-battery-pattern-is-changing-under-the-influence-of-ira-policy/189]. As the number of participants is limited, we encourage you to act swiftly. We look forward to welcoming you to what promises to be an engaging and enlightening discussion on the future of the Li-ion battery market. Warm regards, Shanghai Metals Market Team