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In the first half of this year, the sales of lithium batteries for two wheelers in China increased by 40% year-on-year. With the official implementation of the new national standard for electric bicycles on September 1st, the demand for lithium batteries in small power vehicles is expected to further increase, attracting the attention of multiple leading lithium battery companies.
On August 18th, the recent month contract 2509 for lithium carbonate futures hit a high of 90000 yuan/ton. As of the close of domestic futures, the lithium carbonate 2509 contract closed at 89300 yuan/ton, up 4.86%.
On the evening of August 18th, Dow Technology announced that the sixth board of directors of the company has approved the proposal to change the use of some of the raised funds. The plan is to use the previously planned 300 million yuan raised for the "100000 ton/year ternary precursor project (Phase I)" to invest in the "120 ton/year single-walled carbon nanotube project".
Under the trend of lead to lithium conversion, the transformation of domestic two and three wheeled light power lithium batteries in channel laying has also been deeply carried out.
According to recent data from the General Administration of Customs, the total export value of lithium-ion batteries in China reached 34.102 billion US dollars (approximately 245 billion yuan) in the first half of this year, a year-on-year increase of 25.14%, setting a new historical high for the same period.
As GWh level orders begin to emerge, a commercial closed loop for solid-state batteries seems to be taking shape.
The copper foil industry is receiving a signal of price increase.
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