Xin Lang Cai Jing·2025-12-19 14:13Group 1: Ford Motor Company - Ford plans to restructure its electric vehicle business and has recorded an impairment charge of $19.5 billion (approximately 137.6 billion RMB) [1] - The company is shifting its strategic focus towards commercial vehicle investments and high-growth battery storage business, with an investment of approximately $2 billion over the next two years [1] - Ford aims to deliver battery storage systems by 2027, targeting an annual production capacity of 20 GWh [1] Group 2: CATL and Lantu Automotive - CATL and Lantu Automotive signed a 10-year deepening cooperation agreement, focusing on battery technology and supply chain collaboration [2] - CATL will prioritize providing advanced battery technologies for Lantu's vehicle models, including the application of its Kirin, Xiaoyao, and Shenxing brands [2] - The partnership will also enhance supply chain agility and security, addressing external volatility risks [2] Group 3: Volkswagen - Volkswagen's subsidiary PowerCo has officially started battery cell production in Germany, marking a full-process layout from design to production in Europe [4] - The project in Salzgitter has seen investments exceeding €1 billion since its inception in July 2022 [4] - Volkswagen plans to replicate this model in Valencia, Spain, and St. Thomas, Canada [4] Group 4: LG Energy Solution - LG Energy Solution announced the cancellation of a battery procurement contract with Ford valued at 9.6 trillion KRW (approximately 45.9 billion RMB) [5] - The canceled order represents about 30% of LG Energy's total revenue from the previous year, with a projected revenue decline of 24.1% in 2024 [5] - LG Energy stated that the canceled orders were scheduled for supply starting in 2027, and they will maintain a cooperative relationship with Ford [5] Group 5: Other Companies - Wast Power signed an agreement to establish a sodium-ion battery materials and module production base in Jiangning, with a total investment of approximately 500 million RMB [6][7] - Zhongke Electric plans to invest approximately 7 billion RMB to build a lithium-ion battery anode material project in Luzhou, Sichuan, with a production capacity of 300,000 tons per year [8] - Tianqi Lithium announced the completion and trial operation of its third-phase chemical-grade lithium concentrate expansion project, increasing total capacity to 2.14 million tons per year [13]