Core Viewpoint - Jiangsu Yinglian Composite Foil Co., Ltd. has signed a strategic procurement contract for composite aluminum foil used in quasi-solid-state batteries with a new energy technology company, indicating a significant collaboration in the battery materials sector [1] Group 1: Company Overview - Jiangsu Yinglian is a high-tech enterprise focused on the research, production, and sales of composite aluminum foil and copper foil for lithium batteries [1] - The partner company specializes in developing next-generation high-safety, high-energy solid-state power batteries and energy storage batteries, supported by multiple national innovation platforms [1] Group 2: Contract Details - The procurement agreement involves the purchase of over 50 million square meters of specialized composite aluminum foil materials for quasi-solid-state batteries from Jiangsu Yinglian, with planned purchases of 20 million square meters in 2026 and over 30 million square meters in 2027 [1]

Core Viewpoint - Jiangsu Yinglian Composite Material Co., Ltd. has signed a strategic procurement contract for composite aluminum foil used in quasi-solid-state batteries with a new energy technology company, indicating a significant partnership in the development of advanced battery technologies [1] Company Summary - Jiangsu Yinglian specializes in the research, production, and sales of composite aluminum foil and composite copper foil for lithium-ion batteries, positioning itself as a high-tech enterprise in the new energy sector [1] - The partner company focuses on developing next-generation high-safety, high-energy solid-state power batteries and energy storage batteries, supported by multiple national innovation platforms [1] Industry Summary - The quasi-solid-state and semi-solid lithium-ion battery technology is in the process of large-scale industrialization, with the partner company leading in the solid-state battery industry [1] - The procurement agreement outlines a plan for the partner company to purchase over 50 million square meters of specialized composite aluminum foil materials from Jiangsu Yinglian between 2026 and 2027, with specific quantities of 20 million square meters in 2026 and over 30 million square meters in 2027 [1]

Battery - CATL is seeking a $1 billion loan to expand its factory in Indonesia, with a loan term of 5 to 7 years, aimed at supporting a joint venture to build a battery plant in Karawang, West Java [1] - Zhuhai Guanyu Battery Co., Ltd. has successfully passed the acceptance of its quasi-solid-state lithium battery R&D and industrialization project, which involves collaboration with several research institutions to overcome key technologies for industrialization [2][3] - A new solid-state battery production base project has been signed in Zhangjiakou, Hebei, with a total investment of 1 billion yuan, aiming to produce 1 GWh of solid-state lithium batteries by the end of 2026 [4][5] - Wuhan Chuangneng New Energy Co., Ltd. is planning a 50 GWh battery storage and logistics project with a total investment of 10 billion yuan, focusing on R&D, manufacturing, and sales of electrochemical energy storage and new energy vehicle batteries [6] - Changsha Fudi Battery Co., Ltd. has received environmental approval for its PACK production line expansion project, which will have an annual production capacity of 19 GWh for battery packs [7][8] - An advanced solid-state battery materials development project in Beijing has been approved, with a total investment of 6.29 million yuan, aimed at addressing key issues in solid-state battery technology [9][10] Materials - Beijing Easpring Material Technology Co., Ltd. has commenced construction of a lithium battery material factory in Finland, with an investment of approximately 8 billion euros, expected to produce 60,000 tons annually starting in 2027 [13] - A project for the annual production of 100,000 tons of lithium-ion battery anode materials has been publicly announced, with a total investment of 2.66 billion yuan, focusing on various product grades [14] Overseas - Volvo's battery company NOVO Energy announced a cost-reduction plan that includes laying off nearly 50% of its workforce and restructuring its operations [16] - Tesla's battery architecture head, Vineet Mehta, is set to leave the company, marking another high-level change in Tesla's battery team [18]