动力电池行业周报：我国就加拿大对华电动汽车等商品相关限制性措施启动反歧视调查

Investment Rating - Investment rating: Recommended (maintained) [2] Core Viewpoints - The overall industry outlook remains positive, with a focus on the upward trend in upstream raw material prices, monthly sales, and the implementation of industry regulations [2][3] - The domestic electric vehicle market is supported by favorable policies, leading to a significant increase in new energy vehicle sales and production [54][55] - The report emphasizes the importance of monitoring the price trends of upstream materials and the performance of leading companies in the sector [2][3] Summary by Sections 1. Industry Weekly Data Tracking 1.1 Upstream Materials - Industrial-grade lithium carbonate averaged 72,500 CNY/ton, up 1.4% from last week; battery-grade lithium carbonate averaged 75,500 CNY/ton, up 1.34% [8][9] - The price of ternary material 523 single crystal power market is 110,000 CNY/ton, up 0.05 million CNY/ton; high nickel 811 multi-crystal power material price is 146,000 CNY/ton, down 0.3 million CNY/ton [21] - The negative electrode material market remains stable with a reference price of 33,000 CNY/ton [27] - Electrolyte prices are stable, with phosphate iron lithium electrolyte averaging 18,300 CNY/ton [35] 1.2 Midstream Materials - Ternary material production in August was 60,707 tons, with actual consumption of 57,728.41 tons, up 15.38% month-on-month [26] - The negative electrode material market price remains stable at 32,378 CNY/ton [27] - Electrolyte production for the week was 29,670 tons, up 6.08% from the previous week [38] 1.3 Downstream Battery Cells - The average price of square power cells (ternary) is 0.46 CNY/Wh, while phosphate iron lithium cells are 0.37 CNY/Wh, both stable from last week [49] - Cumulative battery production from January to August reached 623.1 GWh, with a year-on-year growth of 36.3% [51] 2. Recent News Events - The Chinese government has initiated an anti-discrimination investigation regarding Canada's restrictions on electric vehicles [54] - Sichuan province has introduced a subsidy of up to 17,000 CNY for trading in old cars for new energy vehicles [54]