Li-ion Battery China Monthly Report

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China Li-ion Battery E-News 202406

date Published Date:1 Jun 2024
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Editor's Note
date Published Date: 22 Jun 2026

In June 2024, China's alternative energy vehicle exports encountered the negative news of the EU's tariff increase. But favourable domestic car market policies continue to stimulate the demand for new energy vehicles. However, this part of the demand did not continue upward conduction along the industrial chain, but is gradually dissipated by overcapacity and self-provisioning inventories of manufacturers at all levels.

 

Major market dynamics

 

On 22 June, 2024, Shijiazhuang Shangtai Technology Co., Ltd. announced that it intends to expand overseas investment.

 

On 18 June, 2024, Wuxi Jewel Power & Materials Co., Ltd. released a foreign investment announcement.

 

On 31 May, Sociedad Química y Mine, the joint-stock company of Tianqi Lithium Co., Ltd., signed a Partnership Agreement with Corporación Nacional del Cobre de Chile.

 

From the end of May to June 2024, Shenzhen Capchem Technology Co., Ltd. has continuously obtained overseas lithium battery electrolyte orders.

 

The USD/RMB exchange rate in this newsletter is USD1.00=RMB7.1086 on 3 June, 2024, sourced from the People's Bank of China.

 

All the prices mentioned in this newsletter will include the VAT, unless otherwise specified.

 

If you would like to cover any specific topics or investigate any covered subjects in more details, please contact us on +86-20-37616606, or econtact@cnchemicals.com

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Market Analysis
date Published Date: 22 Jun 2026
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  • China's Lithium battery industry operation in Jan.–April 2024
  • LiPF6 prices go down in June 2024
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Company Dynamics
date Published Date: 22 Jun 2026
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  • Wuxi Jewel Power's cathode material project
  • Tianqi Lithium's faces performance challenge again
  • Recent news of Capchem
  • Shangtai Tech expands overseas investment
  • Tinci Materials signs material supply agreement with CATL
  • Ganfeng Lithium continues to consolidate overseas lithium resources
  • Shengtai Materials terminates IPO
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Upstream Dynamics
date Published Date: 22 Jun 2026
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  • Ganfeng Lithium's overseas lithium resource projects at risk of withdrawal
  • Yunnan Energy expands production capacity of Hungary plant
  • Recent lithium battery electrolyte project dynamics
  • Fulin Precision's cathode material project
  • Yuxiang New Energy signs anode material project
  • Ya'an Lithium receives lithium carbonate order from Tesla
  • Nanning Anda's LFP project
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Downstream Dynamics
date Published Date: 22 Jun 2026
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  • China's installed capacity of power battery increases by 41.2% YoY in May
  • Canada may impose tariffs on Chinese electric cars
  • EU to impose tariffs on Chinese electric cars
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Import and Export
date Published Date: 22 Jun 2026
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  • Import and export of major Li-ion battery materials and Li-ion batteries in China in May 2024
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Price Update
date Published Date: 22 Jun 2026
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  • Cathode material prices drop in June 2024
  • Prices of anode materials remain stable in June 2024
  • Prices of major Li-ion battery materials in China in June 2024
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