Lithium-ion batteries are used in various fields, from electric cars to portable electronic products, but the maximum capacity of these batteries decreases over time.

DCE iron ore futures market rose by 3.07%. The main contract I2409 closed at 874. Trade merchants are actively shipping goods and have a strong willingness to hold prices；

Today's lithium carbonate market was stable with a minor decline, as the SMM index dropped to 110,825 yuan/ton (~$15,307.32 USD/ton), and futures fell by 0.73%.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Apr 18, 2024

SMM, April 17th - Recently, SAIC's IMAutomobile officially launched its new all-electric model IM L6, which is equipped with the "first-generation Lightyear solid-state battery" that is touted as the "industry's first 900V high-voltage ultra-fast charging solid-state battery". This has suddenly thrust solid-state batteries into the spotlight, drawing widespread market attention. Shortly after, at the 2024 GAC Technology Day, GAC Group unveiled a high-safety, high-capacity all-solid-state power battery. The group stated that all-solid-state batteries have three core advantages: ultra-high energy density, ultra-high safety, and large-capacity all-solid-state battery cells. It is expected that this all-solid-state battery will be installed in the Haobai model in 2026, further igniting the "solid-state battery" fire in the market.