倒计时56 天 2025（第十五届）高工锂电年会 暨十五周年庆典&高工金球奖颁奖典礼 主办单位： 高工锂电、高工产研（GGII） 协办单位： 卡洛维德 总冠名： 海目星激光 年会特别赞助： 大族锂电 专场冠名： 英联复合集流体、逸飞激光、华视集团、欧科工业空调 金球奖全程特约赞助： 思客琦 时间&地点： 2025年11月18-20日 深圳前海华侨城JW万豪酒店 会议合作： 陈女士 13560731836（微信同号） 格林美的创始人许开华教授是金属资源再利用领域的科学家，这使得公司从基因上就倾向于技术驱 动的全产业链布局。 而金晟新能的李氏兄弟从有色金属贸易起家，敏锐地捕捉到锂电回收的风口，更侧重于在产业链的 特定环节建立商业优势。 格林美构建的是一个"城市矿山+新能源材料"的一体化产业闭环。其业务不仅覆盖前端的电池及汽 车回收，还将回收的金属资源进行深度加工。 根据招股书，其主要业务板块包括新能源材料、关键金属资源、锂离子电池及报废汽车回收。 中国动力电池回收行业的两家代表性企业——格林美与金晟新能，正同时推进在香港交易所的上市 计划。 作为已在A股上市的企业，格林美近期正式提交了"A+H"两地上市的申请文件 ...

倒计时56天 2025（第十五届）高工锂电年会 暨十五周年庆典&高工金球奖颁奖典礼 主办单位： 高工锂电、高工产研（GGII） 协办单位： 卡洛维德 总冠名： 海目星激光 年会特别赞助： 大族锂电 会议合作： 陈女士 13560731836（微信同号） ◆ 电池 ◆ 原荣耀副董事长万飚加入远景动力 01 9月22日，电池科技企业远景动力（AESC）宣布任命万飚为全球首席执行官。万飚在科技行业拥 有超20年的管理和实战经验，曾历任华为无线产品线总裁、华为消费者业务首席运营官、荣耀副 董事长等。万飚还将同时担任远景科技集团执行董事和首席技术官。 专场冠名： 英联复合集流体、逸飞激光、华视集团、欧科工业空调 金球奖全程特约赞助： 思客琦 时间&地点： 2025年11月18-20日 深圳前海华侨城JW万豪酒店 蜂巢能源向斯洛文尼亚 交付30MWh储能系统 02 9月22日，蜂巢能源正式向斯洛文尼亚成功交付30MWh短刀液冷储能系统。此次交付的5MWh短 刀液冷储能系统，采用双层液冷设计，借助先进的热管理技术，实现电芯温差降低50%。这一技 术突破有效保障了电芯工作环境的稳定性，大幅提升系统在全生命周期内的吞吐电量，使 ...

Core Viewpoint - The article highlights a significant structural transformation in the motorcycle industry, where electric motorcycles (e-motorcycles) are systematically replacing fuel motorcycles (oil motorcycles) across major markets, driven by advancements in battery technology and evolving consumer demands [2][3][4]. Group 1: Market Trends - In Southeast Asia and China, the market share of fuel motorcycles is rapidly being eroded by electric motorcycles, with notable growth rates such as over 26% in Indonesia and a 45% increase in high-end e-motorcycle sales in China [2]. - Government policies, such as the ban on fuel motorcycles in Hanoi starting in 2026, are accelerating this transition [2]. Group 2: Consumer Preferences - The younger generation is shifting their perception of two-wheelers from mere transportation to lifestyle products, emphasizing design, smart features, and overall riding experience [5]. - E-motorcycles offer advantages such as lower charging costs and reduced maintenance expenses, making them more economically viable over their lifecycle compared to fuel motorcycles [6]. Group 3: Challenges and Solutions - The industry faces challenges including safety concerns due to low-quality batteries and a fragmented approach to solutions that do not cover all user scenarios [10]. - A focus on safety and comprehensive solutions that address various travel scenarios is essential for overcoming these challenges [11]. Group 4: Technological Innovations - New energy companies like 新能安 are leading the way with innovative solutions, emphasizing safety and performance through rigorous testing and high standards [14][16]. - The introduction of customized solutions for different user scenarios, such as lightweight batteries for urban commuting and high-capacity batteries for long-distance travel, showcases the industry's commitment to enhancing user experience [18][19]. Group 5: Industry Outlook - The electric motorcycle sector is poised for rapid growth, with the potential for Chinese brands to gain significant influence in the global motorcycle industry [24]. - The transition from fuel to electric motorcycles is expected to accelerate, particularly in economic and commuting scenarios, as technology and value systems mature [25].

Core Viewpoint - The article discusses the rapid growth and technological advancements in the solid-state battery sector, particularly in relation to the drone industry, highlighting the competitive landscape and the potential for commercialization of these technologies. Group 1: Market Growth and Potential - The Chinese commercial drone market is projected to reach approximately 121.5 billion yuan in 2024, with significant contributions from agriculture, surveying, and security sectors [2] - The logistics sector within the drone market has already achieved a scale of 12.8 billion yuan, with an annual growth rate of 32%, indicating substantial expansion potential [2] Group 2: Technological Advancements - Solid-state battery startups are rapidly entering the market due to their ability to customize technology and respond quickly to market demands [3] - Enli Power achieved production of 1 million solid-state battery sets by May, which can power 80,000 industrial drones, and aims to reach 2 million sets by September [1] - The performance of solid-state batteries has improved significantly, with high discharge rates maintaining low temperature increases, enhancing flight safety and endurance for drones [5] Group 3: Product Development and Features - Enli Power focuses on three product platforms: semi-solid Swift system (300-350 Wh/kg), pure solid Fleet system (over 400 Wh/kg), and full solid Kosmos system [6][7] - The company has successfully collaborated with Softbank to meet challenging battery specifications for stratospheric drones, demonstrating its commitment to long-term technological development [5] Group 4: Production Capacity and Expansion - Enli Power's GWh demonstration factory in Beijing commenced operations in November 2023, with plans for a 10 GWh advanced battery manufacturing project in Chuzhou, Anhui, starting in May 2024 [9] - The company anticipates achieving GWh-level production capacity this year, with sales projected to exceed 1 billion yuan by 2026 [10] Group 5: Competitive Landscape - Solid-state batteries are positioned to replace traditional lithium-ion batteries in drone applications due to their superior energy density and cost-effectiveness [11] - Companies like Huyuan Lithium and Weilan New Energy are innovating in solid-state battery technology, focusing on high energy density and safety [11][12] Group 6: Commercialization and Future Outlook - In the short term, semi-solid batteries are expected to dominate drone commercialization, particularly in logistics and agriculture [14] - Long-term prospects suggest that solid-state batteries could achieve energy densities exceeding 500 Wh/kg, becoming essential for advanced applications like eVTOL and long-endurance reconnaissance drones [14] - The development of hybrid hydrogen-lithium systems by research teams is addressing the challenges of drone endurance and payload capacity [15]

Core Viewpoint - The humanoid robot industry is transitioning from "function realization" to "capability evolution," driven by both policy support and commercial ambitions [4][5]. Group 1: Industry Trends - The Chinese government is promoting the application of humanoid robots in sectors like automotive manufacturing and logistics, laying the groundwork for a trillion-dollar market [5]. - The valuation of humanoid robot company Figure has reached $39 billion, indicating rapid recognition from global capital and suggesting a steep increase in future production [6]. - Tesla's CEO Elon Musk has set ambitious goals for the next-generation Optimus 3 robot, including fine motor skills and large-scale production capabilities [7][8]. Group 2: Production and Technological Challenges - A key operational goal for Tesla is to deliver 1 million humanoid robots, which is expected to accelerate production across the industry [8][9]. - Current humanoid robots typically have a battery life of less than 2 hours, far below the 8-hour standard required for commercial applications [9]. Group 3: Battery Technology Developments - Solid-state batteries are viewed as the ultimate solution, with companies like Panasonic and Guoxuan High-Tech making significant progress in development [11][12]. - Guoxuan High-Tech has launched a battery solution for all-terrain robots, capable of high discharge rates and over 3 hours of runtime, with a production capacity of 600 battery sets per day [14]. - Companies are innovating in liquid battery technology as they transition to solid-state solutions, with EVE Energy releasing products that support rapid charging and extended battery life [13][15]. Group 4: Diverse Strategies in Battery Solutions - All battery companies are focused on addressing core issues such as endurance, safety, fast charging, and lightweight design, with solid-state technology seen as a future high ground [16]. - Panasonic and Guoxuan High-Tech are aggressively pursuing solid-state battery technology, while EVE Energy and Guoxuan High-Tech are providing scalable solutions through continuous optimization [16]. - A diversified approach in battery technology is essential for driving humanoid robots towards mass production [17].

Policy - Four departments, including the National Energy Administration, have issued guidance to promote the establishment of a high-safety, high-reliability battery energy storage equipment system, focusing on the development of long-life, wide-temperature, low-degradation lithium batteries, sodium batteries, and solid-state battery key equipment [1] - The guidance also emphasizes breakthroughs in battery management system safety monitoring, hazard warning, and proactive protection technology to enhance the intrinsic safety performance of energy storage batteries [2] Battery - ByteDance has announced a tender for a data center energy management project, seeking partners capable of investment, construction, and operation for a microgrid system that integrates wind and solar energy with large-scale energy storage [5] - The project aims to reduce reliance on traditional power grids and ensure uninterrupted power supply for data center operations, with a procurement scope of over 200MWh large-scale lithium battery storage [5] Export Data - From January to August 2025, China's lithium-ion battery exports reached 3 billion units, a year-on-year increase of 18.66%, with an export value of $48.296 billion, up 25.79% year-on-year [6] Company Developments - Jiangxi Ganfeng Lithium has established a shipping company with a registered capital of 20 million yuan, focusing on various transportation services [8] - Li Auto and battery manufacturer Sunwoda have formed a joint venture to produce lithium-ion power batteries for electric vehicles, with plans for the self-developed battery products to be launched next year [10] Materials - Jianyuan Technology reported a recovery in copper foil processing fees, indicating a positive trend in the lithium battery industry driven by increasing demand [12] - A major project for the annual production of 35 million lithium battery structural components has been launched in Zhejiang, with a total investment of 750 million yuan [13] - Hunan Bobang Mountain River New Materials has signed a procurement framework agreement with Gotion High-Tech for lithium battery anode materials, with a total estimated value of up to 117.5 million yuan [15]

Core Viewpoint - The article discusses the significant tightening of cobalt supply due to the Democratic Republic of Congo's (DRC) new export quota system, which will impact the global battery supply chain and potentially lead to increased cobalt prices and a shift towards cobalt-free materials in the long term [3][10][11]. Summary by Sections Cobalt Export Quota Changes - The DRC will end its eight-month export ban on October 15, transitioning to a strict quota system, which will result in a clearer and tighter supply landscape for the domestic battery industry [2][3]. - The remaining export quota for 2025 is set at 18,100 tons, which is over 60% lower than the actual export volume from the previous year, leading to a global cobalt supply reduction of 67,000 tons [3][4]. Quota Allocation and Impact - The DRC's annual export limits for 2026 and 2027 are set at 96,600 tons, significantly lower than the 220,000 tons produced in 2024, indicating that the quota will be less than half of the production capacity [4]. - The quota distribution will be based on historical export volumes, reserving 10% for key projects in the DRC, which may disadvantage smaller mining companies and those without operational mines [5]. Domestic Market Implications - Following the lifting of the export ban, the first batch of 3,625 tons of cobalt will not arrive at domestic ports until late January next year, creating an import gap where the domestic market will rely on existing inventory [6]. - The average monthly consumption in the domestic battery supply chain is between 12,000 to 14,000 tons, with peak demand reaching up to 17,800 tons, indicating a need to consume 45,000 to 50,000 tons of inventory in Q4 [7]. Price Trends and Market Reactions - As a result of the tightening supply, cobalt prices have risen, reaching 280,000 yuan per ton, with expectations to stabilize between 300,000 to 350,000 yuan per ton [8]. - Battery manufacturers and cathode material producers are preemptively stockpiling materials, anticipating increased demand for high-performance models in the peak season [7][8]. Long-term Industry Shifts - The tightening of cobalt supply may accelerate the development of cobalt-free materials as battery manufacturers adapt to rising costs and supply constraints [9][11]. - Historical trends show that during previous spikes in cobalt prices, the lithium battery industry considered moving towards cobalt-free solutions, with companies like Hive Energy and Tesla exploring high-nickel, cobalt-free battery technologies [12]. Conclusion - The DRC's new export policies are expected to create a competitive resource environment among China, Japan, and Europe, with immediate effects on battery manufacturers needing to manage inventory and costs while potentially driving innovation towards alternative materials [10][11].

总冠名： 海目星激光 年会特别赞助： 大族锂电 专场冠名： 英联复合集流体、逸飞激光、华视集团、欧科工业空调 金球奖全程特约赞助： 思客琦 时间&地点： 2025年11月18-20日 深圳前海华侨城JW万豪酒店 会议合作： 陈女士 13560731836（微信同号） 2025（第十五届）高工锂电年会 暨十五周年庆典&高工金球奖颁奖典礼 主办单位： 高工锂电、高工产研（GGII） 协办单位： 卡洛维德 倒计时58天 上篇的分析确立了一个基本事实：在储能与动力电池结构性需求的双重驱动下，中国锂电行业已正 式进入新一轮资本开支周期。 然而，若将此轮扩张简单视为上一轮周期的重复，将是一个严重的误判。 事实上，与2020-2021年那场以规模为核心的"产能军备竞赛"相比，本轮投资浪潮在地域布局、 技术内涵和产业生态上，都呈现出截然不同的新范式。 这些新范式不仅揭示了龙头企业在后价格战时代的生存智慧与战略远见，更预示着中国锂电产业正 从粗放的规模增长，迈向一个以全球化、高技术和产业链协同为核心的高质量发展阶段。 全球化：从"中国制造"到"全球布局" 本轮资本开支最显著的外部特征，是从聚焦本土转向了全球多点开花。 中国企业 ...

Core Viewpoint - The Chinese lithium battery industry is experiencing a clear cyclical turning point after a prolonged downturn characterized by price wars and overcapacity, with strong evidence indicating a new capital expenditure cycle led by major enterprises based on genuine demand recovery [2][3]. Market Sentiment: From Divergent Trends to "Running Ahead" Expectations - The capital market signaled an industry reversal in Q2 2025, with core enterprises like CATL and Ganfeng Lithium seeing significant stock price recoveries, indicating a shift in investor focus towards companies with strong financial health and technological advantages [3][4]. - A notable event was CATL's potential production interruption due to a mining license expiration, which triggered a 10% surge in related lithium stocks, reflecting a fundamental shift in market expectations towards supply tightness [4]. Financial Data: The Logic of "Volume Over Price" Validated - In Q2 2025, the Chinese lithium battery industry achieved revenues of 267.86 billion RMB, a year-on-year increase of over 11% and a quarter-on-quarter increase of over 13% [5]. - The net profit for the quarter reached 21.77 billion RMB, a year-on-year surge of 30.49% and an 18.68% increase from the previous quarter, indicating a robust recovery across the industry [6][7]. Operational Reality: Capacity Bottlenecks Triggering a New Investment Cycle - By Q2 2025, the capacity utilization rate of leading Chinese battery manufacturers exceeded 80% for the first time since 2022, indicating a significant operational recovery [10]. - CATL's capacity utilization reached 90%, close to its historical peak, necessitating new capacity investments to meet rising demand [11][12]. Capital Expenditure: A Clear Signal of New Cycle Initiation - Capital expenditures in the lithium battery industry turned positive in 2025, with a year-on-year increase of 31.72%, particularly in battery manufacturing, where growth rates were 23% and 40% in Q1 and Q2 respectively [14]. - CATL's capital expenditure reached 20.2 billion RMB, a 46% increase year-on-year, primarily for domestic expansion and global layout [14][15]. Demand Foundation: Structural Changes Driving Real Growth - The demand driving this recovery has undergone profound changes, with the energy storage market emerging as a core engine for lithium demand, accounting for 27% of global battery production by 2025 [17][19]. - The power battery sector is also experiencing a significant transformation, with pure electric vehicle sales rebounding strongly, leading to increased demand for batteries [20][21]. Conclusion - The new capital expenditure wave in the lithium battery industry is supported by the explosive growth in the energy storage market and the optimization of demand structure in power batteries, marking a definitive turning point for the industry [22][23].

Core Viewpoint - The article discusses the strategic partnership between Chinese recycling giant Greeenme and American technology innovator Ascend Elements to explore the European lithium battery recycling market, highlighting the implications of the new EU Battery Regulation and the geopolitical context surrounding this collaboration [2][3][4]. Group 1: Importance of Entering Europe - Understanding the significance of entering the European market requires recognizing the ambitious battery circular economy blueprint established by the EU [3]. - The new EU Battery Regulation, effective from August 2023, sets unprecedented mandatory targets for battery recycling, creating a high-value market centered on sustainability [4][5]. Group 2: EU Battery Regulation Details - The regulation mandates aggressive recycling targets: 73% for portable batteries by 2030, 61% for light-duty vehicle batteries by 2031, and effective 100% responsibility for electric vehicle battery manufacturers [5]. - It establishes clear minimum recovery rates for materials, requiring 90% recovery for cobalt, nickel, and copper, and 50% for lithium by the end of 2027, with further increases by 2031 [5][6]. - A groundbreaking requirement for minimum recycled content in new electric vehicle batteries will take effect from August 2028, mandating at least 16% recycled cobalt, 6% recycled lithium, and 6% recycled nickel [6]. Group 3: Geopolitical and Economic Context - The EU currently produces only 1% of the key battery raw materials it needs, creating a significant resource gap, with lithium demand projected to reach 550,000 tons annually by 2030 [7][8]. - The EU aims for 89-90% self-sufficiency in strategic raw materials by 2030, with the Critical Raw Materials Act requiring at least 15% of annual consumption to come from recycling [8]. Group 4: Strategic Implications of the Partnership - The partnership between Greeenme and Ascend Elements is a strategic move to leverage advanced technology and scale to meet the EU's stringent sustainability standards [9][10]. - Greeenme's extensive production capabilities and cost control experience complement Ascend Elements' innovative Hydro-to-Cathode® technology, which significantly reduces costs and carbon emissions [10][11]. Group 5: Resource Security and Supply Chain Resilience - The collaboration aims to establish a "Europe-Indonesia-Europe" transnational recycling model, with Greeenme's nickel resource base in Indonesia providing a strategic hedge against short-term raw material shortages in Europe [12][13]. - This dual resource strategy enhances the alliance's supply chain resilience, positioning it favorably against local competitors [14]. Group 6: Trends in the Recycling Industry - A trend of Chinese companies expanding into the European recycling market is emerging, driven by the EU's regulatory environment and the anticipated surge in retired batteries [16][17]. - Major players like Huayou Cobalt and CATL are actively pursuing investments and partnerships in Europe to secure raw material supplies and establish local recycling capabilities [17][18]. Group 7: Challenges and Future Outlook - The competition for high-purity production waste from European super factories will intensify as companies vie for limited resources before 2030 [19]. - The shift towards lower-cost lithium iron phosphate batteries poses economic challenges for recycling due to the lack of high-value cobalt and nickel [19]. - A significant shortage of skilled technical personnel in Europe may hinder the industry's growth, while the second-life battery market is projected to reach $19 billion by 2033, indicating potential future opportunities [20].