China Li-ion Battery E-News 202408 (12 issues per year)
LiPF6 prices continued to decrease slightly in Aug. 2024 under little cost support and slack demand. LiPF6 prices are expected to
continue to fall in the short run.
In H1 2024, multiple lithium battery projects were announced to be terminated; CCM lists information of five projects.
In H1 2024, revenues of Tinci Materials went down by 31.76% YoY and its net profits dropped by 81.56% YoY.
In Aug. 2024, Capchem released its H1 2024 report; the company delayed a Li-ion battery electrolyte project and planned to increase
investment in Poland factories.
In late July 2024, CATL released its 2024 semi-annual report, showing that its revenues had declined for three consecutive quarters.
In Aug. 2024, RTXC announced to delay two electrolyte projects, with capacity totaling 700,000 t/a.
CCM summarises new developments of several anode material projects in July–Aug. 2024.
In July 2024, China's installed capacity of power battery was 41.6 GWh, a YoY increase of 29.0% and a MoM decrease of 2.9%. From
Jan.–July 2024, China's total installed capacity of power battery was 244.9 GWh, a cumulative growth of 32.9% over last year.
Prices of cathode materials fell first and then stabilised in Aug. 2024. Raw material lithium carbonate prices fell below cost line and the downward trend continued. Cathode material prices are expected to continue to dip slightly.
In Aug. 2024, anode material prices were weak and stable. The prices are expected to continue to stay stable in the short term as costs decrease and downstream demand is sluggish.
continue to fall in the short run.
In H1 2024, multiple lithium battery projects were announced to be terminated; CCM lists information of five projects.
In H1 2024, revenues of Tinci Materials went down by 31.76% YoY and its net profits dropped by 81.56% YoY.
In Aug. 2024, Capchem released its H1 2024 report; the company delayed a Li-ion battery electrolyte project and planned to increase
investment in Poland factories.
In late July 2024, CATL released its 2024 semi-annual report, showing that its revenues had declined for three consecutive quarters.
In Aug. 2024, RTXC announced to delay two electrolyte projects, with capacity totaling 700,000 t/a.
CCM summarises new developments of several anode material projects in July–Aug. 2024.
In July 2024, China's installed capacity of power battery was 41.6 GWh, a YoY increase of 29.0% and a MoM decrease of 2.9%. From
Jan.–July 2024, China's total installed capacity of power battery was 244.9 GWh, a cumulative growth of 32.9% over last year.
Prices of cathode materials fell first and then stabilised in Aug. 2024. Raw material lithium carbonate prices fell below cost line and the downward trend continued. Cathode material prices are expected to continue to dip slightly.
In Aug. 2024, anode material prices were weak and stable. The prices are expected to continue to stay stable in the short term as costs decrease and downstream demand is sluggish.
Headline
Editor's Note
Market Dynamics
LiPF6 prices decline with fluctuations in Aug. 2024
Company Dynamics
Several terminated Li-ion battery projects in H1 2024
Net profits of Tinci Materials decrease by over 81% YoY in H1 2024
Recent News of Capchem
2024 Semi-annual report of CATL
Revenues and net profits of Hunan Yuneng decline in H1 2024
Chengxin Lithium to be listed in Hong Kong
Delisting of Zhongyin Cashmere
Shenzhen Sunxing to transfer part of LiPF6 assets
Upstream Dynamics
RTXC delays two electrolyte projects
Recent dynamics of overseas anode material projects of Chinese enterprises
Capchem's 4,000 t/a LiFSI expansion project
Lihuayi Weiyuan's Li-ion battery electrolyte project
Tonze's LiPF6 project starts trial production
DMC project progress of Yugao New Materials
Downstream Dynamics
China's installed capacity of power battery increases by 29.0% YoY in July
Canada to impose tariffs on Chinese electric cars
BYD's Mexican EV plant enters final site selection stage
Import and Export
Import and export of major Li-ion battery materials and Li-ion batteries in China in July 2024
Price Update
Cathode material prices drop and then turn stable in Aug. 2024
Prices of anode materials remain weak and stable in Aug. 2024
Prices of major Li-ion battery materials in China in Aug. 2024
Editor's Note
Market Dynamics
LiPF6 prices decline with fluctuations in Aug. 2024
Company Dynamics
Several terminated Li-ion battery projects in H1 2024
Net profits of Tinci Materials decrease by over 81% YoY in H1 2024
Recent News of Capchem
2024 Semi-annual report of CATL
Revenues and net profits of Hunan Yuneng decline in H1 2024
Chengxin Lithium to be listed in Hong Kong
Delisting of Zhongyin Cashmere
Shenzhen Sunxing to transfer part of LiPF6 assets
Upstream Dynamics
RTXC delays two electrolyte projects
Recent dynamics of overseas anode material projects of Chinese enterprises
Capchem's 4,000 t/a LiFSI expansion project
Lihuayi Weiyuan's Li-ion battery electrolyte project
Tonze's LiPF6 project starts trial production
DMC project progress of Yugao New Materials
Downstream Dynamics
China's installed capacity of power battery increases by 29.0% YoY in July
Canada to impose tariffs on Chinese electric cars
BYD's Mexican EV plant enters final site selection stage
Import and Export
Import and export of major Li-ion battery materials and Li-ion batteries in China in July 2024
Price Update
Cathode material prices drop and then turn stable in Aug. 2024
Prices of anode materials remain weak and stable in Aug. 2024
Prices of major Li-ion battery materials in China in Aug. 2024
