On March 16, the Longwan District Bureau of Ecology and Environment released the environmental impact assessment public notice for the "Spent Power Battery Dismantling and Standardized Cascade Utilization Project" undertaken by a battery energy company in Wenzhou. The project primarily involves battery assembly processes. It will add an annual capacity for cascade utilization of 5,000 tons of spent lithium-ion batteries, which are primarily used for base station backup power and energy storage systems.

PhilEnergy announced on the 26th that it has completed a strategic equity investment in U.S.-based solid-state battery company Factorial.

①CSTK invested 8 billion yuan in a large-scale project to build an overseas anode material base, but the Morocco project, another overseas base, has been delayed. ②From the perspective of CSTK's financial situation, it may be difficult to support an investment of 8 billion yuan. According to the company's first-quarter report data, as of March 31, the company's monetary funds amounted to 524 million yuan.

A lead-acid battery enterprise located in central China postponed its resumption of work after the Labour Day holiday due to excessive accumulation of finished product inventories. It is expected to operate for only 15 days in May.

A lead-acid battery enterprise located in central China postponed its resumption of work after the Labour Day holiday due to excessive accumulation of finished product inventories. It is expected to operate for only 15 days in May.

PTL Secures Order from German Battery Company On April 8, PTL (603659) announced that its subsidiary, Europe Jiato, recently signed a Memorandum of Cooperation with Germany's MOLL. MOLL plans to build a sodium-ion battery factory in Germany, focusing on the ESS sector. The factory will be located within MOLL's existing infrastructure in Lichtenfels, Germany, with the project aiming for an annual capacity of 500MWh to 1GWh, positioning MOLL as a key player in the growing battery market. Europe Jiato will provide MOLL with process design for battery pole piece production, electrode processing equipment, electrode samples, and other equipment required for battery prototype manufacturing.

【EVE's Factory Construction in Hungary】Amid global trade tensions, Chinese lithium battery companies are accelerating their expansion in Europe. EVE has obtained a construction permit for its factory in Hungary, advancing its in-depth cooperation with BMW. Upstream and equipment companies such as Wanhua Chemical and Mann+Hummel are also engaging in localized collaborations in Europe. BYD plans to establish a factory in Germany, and the synergy in new energy between China and Europe is being rapidly promoted.

A New Energy Battery Company Secures 5GWh Order. Recently, a new energy battery company signed a strategic cooperation agreement with an ESS company for 5GWh ESS battery cells. According to the agreement, the two parties will engage in in-depth cooperation in areas such as ESS production and manufacturing, and the market, jointly exploring the global ESS market. The new energy battery company will supply the ESS company with 5GWh of self-developed 314Ah ESS battery cell products. This cooperation is expected to help both parties seize a larger share of the global ESS market and expand into international markets.

The world's shift towards renewable energy keeps gaining momentum, and the sun remains at the forefront. As arguably the biggest challenge has been the unpredictability of solar energy, energy storage systems have thus been the key to optimal efficiency.

[SMM Lead Morning Meeting Summary: Focus on Whether Dealers' Pre-Chinese New Year Stockpiling Will Stimulate Raw Material Reserve Demand of Downstream Battery Enterprises] Entering January 2025, although the supply of primary and secondary refined lead continues to decline, downstream enterprises remain cautious about the market due to weak lead prices, with low purchase willingness...