Flash | 15 Aug 2025 06:21:15 ET │ 13 pages China Battery Materials China Battery Supply Chain on the Ground: Prod pull-forward given increasing lithium price CITI'S TAKE ZE Consulting significantly increased its estimates on Top-5 battery makers' production pipeline in Aug-25, from +4% MoM/+32% YoY to +10% MoM/+39% YoY. The raised numbers will likely mainly be attributable to (1) the pull-forward production of CATL since lithium spot price jumped 16% MTD, and (2) strong ESS demand, per our perspective. Batt ...

15 August 2025 | 2:20PM HKT China Battery Sector: Facts, Developments and Impacts about Anti-involution, we prefer Yuneng & Hyperstrong Following the central government's directives on anti-involution (refer to GS Macro team's Supply-Side Reform 2.0? Q&As on China's Anti-Involution Policies, July 2025), there have been stronger expectations of policy support from investors surrounding the lithium battery sector. While assessing anti-involution progress remains challenging at this stage, we piece together ou ...