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  This week, precursor producers faced significant cost pressure [SMM Weekly Review of Ternary Cathode Precursor Market]

  This week, the price of ternary cathode precursor continued to rise.

• [Daily Review of NPI] High-grade NPI prices remain firm amid supply-demand mismatch, downstream enterprises cautious

  [SMM Daily Review: High-grade NPI Quotations Remain Firm amid Supply-Demand Mismatch, Downstream Enterprises Exercise Caution] On August 7, the average price of SMM 10-12% high-grade NPI was 918.5 yuan/mtu (ex-factory, tax included), up 0.5 yuan/mtu from the previous working day.

• SGMW unveils Wuling Binguo S all-electric SUV with fresh design, lifestyle-driven positioning

  Built around a new design philosophy the automaker refers to as Liu Guang Aesthetics, the Binguo S is set to hit the Chinese market in the third quarter of this year.

• Shanghai unveils action plan to build a world-class embodied intelligence industry by 2027

  The city aims to deliver at least 20 core technological breakthroughs in areas such as embodied models and embodied data, establish no fewer than four high-quality incubators, and gather 100 leading i...

• [SMM Daily Review of Nickel Sulphate] August 7: Nickel salt prices rose

  On August 7, the SMM battery-grade nickel sulphate index price was 27,202 yuan/mt, with the quotation range for battery-grade nickel sulphate being 27,190-27,690 yuan/mt, and the average price increased compared to yesterday.