Sino-Sci: No Direct Cooperation with Xiaomi and Related Flying Vehicle Companies, Main Products are Cathode Materials】Recently, an investor asked Sino-Sci on the interactive platform: Hello, Secretary Dong, the company is involved in flying vehicles and Xiaomi vehicles. Will it affect this year's performance? The company replied: As of now, the company has not directly cooperated with Xiaomi and related flying vehicle companies. The company's main products are cathode materials, with main customers including CATL, BYD, ZhongChuangXinHao, EVE Energy, RuipuLanjun, Honeycomb Energy, HaiChen Energy Storage, ATL, LGES, SK On, and other well-known domestic and international battery companies. With the increase in the application scenarios of lithium-ion batteries, it will drive the demand for related batteries and cathode materials.

SAIC IM Motors CEO Liu Tao announced the "Lightyear Solid-State Battery" for IM L6, offering 30% more power and 1000 km range. Developed with Qingtao Energy, it marks a breakthrough in solid-state battery technology, aiming for safer, faster-charging solutions in the new energy vehicle industry.

On February 28th, SVOLT Energy held a production commencement ceremony in Thailand, announcing that the SVOLT Thailand factory has officially begun production and the products have started to be delivered in bulk. New energy vehicle models under the brands Great Wall and Hozon will soon be launched in Thailand. This production launch signifies that the SVOLT Thailand factory has achieved the localization of battery supply in Thailand at a rapid pace, within just five months, further improving SVOLT's new energy industrial layout in the Asia-Pacific region.

Honeycomb Energy Thailand Battery Factory Begins Mass Delivery, Supplying Thailand's Great Wall ORA and Other Models Domestic battery manufacturer Honeycomb Energy held a production commencement ceremony in Thailand, announcing the official start of production at the Honeycomb Energy Thailand Battery Factory and the commencement of mass delivery of products, which will soon be installed in several new energy vehicle models under Great Wall and Hezhong, and will be launched in Thailand. Honeycomb Energy stated that this localization of battery supply in Thailand further enhances the company's new energy industry layout in the Asia-Pacific region. The products currently being produced at the Honeycomb Energy Thailand factory are LCTP battery packs equipped with L600 lithium iron phosphate prismatic cells, with a capacity of 60KWh and a range of over 500km, primarily supplying models such as Great Wall ORA, Haval, Tank, and Hezhong's new energy vehicles in Thailand. The Honeycomb Energy Thailand factory is expected to provide over 20,000 sets of battery packs for local customers this year, meeting the mainstream battery demand for A-class vehicles in the Thai market.

【Honeycomb Energy & Zhongwei Stock Battery Recycling Project Environmental Impact Assessment Approved】Recently, Ivy Regeneration Resources (Shangrao) Co., Ltd. announced the acceptance of the environmental impact assessment for its lithium battery dismantling and recycling project. The project plans to invest 250 million yuan annually to process 24,000 tons of waste lithium batteries and electrode materials. This includes recycling and processing 18,000 tons of waste positive and negative electrode materials and 6,000 tons of waste power lithium battery cells.

Honeycomb Energy: Investment of 17 billion yuan project officially put into operation" On the morning of December 27, the Honeycomb Energy Dazhou Lithium Battery Zero Carbon Industry Park officially went into operation in the Dazhou High-tech Zone. The project has a total investment of 17 billion yuan, mainly for the construction of lithium-ion power battery and its positive electrode materials, energy storage batteries, related integrated product production lines and supporting facilities. The project is divided into three phases of construction, and after the project is fully completed and put into operation, it can achieve an annual output value of 63 billion yuan.

【The 50,000-ton Lithium Iron Phosphate Project of Honeycomb Energy is put into operation】The production ceremony of the 50,000-ton lithium iron phosphate project was held on December 27, 2023. The production work will be carried out soon, aiming for certainty in "lithium" and competing in "white" stream. The total investment of the Dazhou Lithium Battery Zero Carbon Industry Park project of Honeycomb Energy is 17 billion yuan, and it officially started in November 2022, including a 150,000-ton lithium iron phosphate integration project. The project is divided into three phases of construction. The first phase includes the construction of a 150,000-ton lithium iron phosphate (5 million tons in the first stage) and a 70,000-ton cobalt-free battery cathode material production line. The second phase includes the construction of a 150,000-ton lithium iron phosphate precursor production line, a 50,000-ton electrolyte production line, and a 20,000-ton battery recycling and dismantling production line. The third phase is expected to plan a 30GWh power battery assembly production line. After the project is fully completed and put into production, it can achieve an annual output value of 63 billion yuan.

Honeycomb Energy: First Battery Pack Rolled off the Line in Thailand" On December 20th, Honeycomb Energy held a ceremony for the roll-off of the first battery pack in Si Racha, Chonburi Province, Thailand. The LCTP battery pack, utilizing the Honeycomb Energy's flagship L600 series battery cells and LCTP grouping technology, has a capacity of 60KWh and a range of over 500km. It is reported that the first battery pack from Honeycomb Energy's Thailand factory will be installed in the Great Wall Ora Cat Thailand version, with mass production expected in the first quarter of next year.