The overall cathode materials prices remained stable in Nov. Anode material prices remained stable.
Major market dynamics
On 15 Nov., 2024, four departments jointly released the National Guideline of Building Lithium Battery Industry Standard and System (2024 version).
On 9 Nov., 2024, Eve Energy Co., Ltd.'s application for the issuance of convertible bonds to unspecified objects was approved by the Shenzhen Stock Exchange.
On 31 Oct., 2024, Tonze New Energy Technology Co., Ltd. released its financial report for Q3 2024.
On 26 Oct., 2024, Pylon Technologies Co., Ltd. announced postpones its 10GWh Li-ion battery project.
In the end of Oct. 2024, Sunwoda Electronic Co., Ltd. announced the termination of two of its projects.
The USD/RMB exchange rate in this newsletter is USD1.00=RMB7.1135 on 1 Nov., 2024, sourced from the People's Bank of China.
All the prices mentioned in this newsletter will include the VAT, unless otherwise specified.
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