Recently, a research report from CITIC Construction Investment pointed out that energy storage investment projects in the eastern and western regions of Inner Mongolia are expected to more than double next year compared to this year. Thanks to the high growth rate of load and the continuous development of renewable energy, the demand for energy storage is expected to remain high. Currently, the battery sector is under pressure, with continuous price increase potential for cathodes, anodes, electrolytes, separators, copper and aluminum foils, as well as additives like 6F and VC. The outlook for the battery and integration sectors is positive. AIDC's integration with storage will drive significant growth in overseas markets.

Recently, a company in the diaphragm industry announced a 30% increase in the price of wet diaphragm products, attracting widespread attention in the market. On December 3, Xingyuan Materials responded, stating, "Due to the impact of the industry supply-demand relationship, the company has communicated with customers regarding the price increase, but the specific increase has not yet been determined." CNBM Technology also stated on the same day that it remains uncertain. An industry observer noted, "Since the fourth quarter of this year, discussions about price increases have emerged across all links of the lithium battery industry chain, driven by positive expectations for next year's demand and secondary market sentiment. Based on the supply-demand relationship, there is a possibility that diaphragm products may be in short supply next year, but whether the price increase expectations can eventually be transmitted to actual prices will still depend on the outcome of the negotiation between supply and demand sides. Moreover, the diaphragm industry has a significant advantage in capacity development; as equipment continues to iterate, industry production efficiency will greatly improve. The efficiency of equipment among diaphragm suppliers varies, which also leads to different perceptions of price changes among enterprises." Diaphragm leader Enjie Co., Ltd. stated in a research summary that the company currently has a substantial backlog of orders, a high capacity utilization rate, and that the demand and orders from its downstream customers have shown stable growth recently.

The South Korean antitrust regulator stated that the Korean subsidiaries of two foreign auto parts manufacturers—NIFCO Korea Inc. and ITW Automotive Korea Inc.—have been fined a total of 35.4 billion won (approximately 24.1 million USD) for collusive bidding. The Korea Fair Trade Commission (FTC) said it has imposed fines and corrective orders on these two companies, accusing them of engaging in more than seven years of collusion in bidding for automotive air conditioning vent parts commissioned by Hyundai Mobis (a parts manufacturing subsidiary of South Korean automotive giant Hyundai Motor Group) and CREA. They were found to have colluded in 24 bids from October 2013 to March 2021 to manipulate order allocations, succeeding in 20 instances. The Korea Fair Trade Commission has filed a lawsuit against the two companies with the Supreme Prosecutors' Office over alleged violations of Korea's Monopoly Regulation and Fair Trade Act.

Hong Kong Wande Communications Agency reported that on December 2nd, an investor asked Zhongyan Co., Ltd. whether Jilin Zhongyan Polymer Materials Co., Ltd., represented by Director and Board Secretary Gao Fang, is preparing to conduct research and product verification in the field of humanoid robot-related materials, and what progress has been made. On December 2, in response on the investor interaction platform, Zhongyan Co., Ltd. stated that the downstream applications of its PEEK products include the automotive industry, electronic information industry, high-end manufacturing and energy industry, medical and health industry, and aerospace field. The company places great emphasis on downstream application areas with broad prospects, including humanoid robots, and actively engages in material research and development in conjunction with these areas. As of now, the company has not directly entered the humanoid robot application field and does not have the capability to produce humanoid robot components. For specific details, please refer to the company's regularly disclosed reports and interim announcements.

On November 28, Volkswagen Group announced in a statement that Ludwig Fazel will officially assume the role of Head of Group Strategy, Group Product Strategy, and General Secretariat starting December 1, 2025. Previously, he simultaneously served as the Chief Operating Officer of Volkswagen Group Components and was responsible for the strategy and platform business of the Group's technology department. In his new position, Ludwig Fazel will report directly to Volkswagen Group CEO Oliver Blume.

The seminar on experience exchange for stabilizing the battery recycling standard chain was held on November 27 in Ningde, Fujian. The meeting emphasized the need to strengthen the construction of standardized technical organizations for battery recycling, accelerate the development of relevant standards, and continuously optimize and improve China's battery recycling standard system. It is essential to fully understand the significance of standardization work for battery recycling, comprehensively advance the related standardization work in depth and substance, and make greater contributions to supporting the high-quality development of the new energy industry and promoting the green and low-carbon transformation and upgrading of the manufacturing industry.

Thunder Software Technology Co., Ltd. (300496.SZ) released a record of investor relations activities. In the AIBOX field, the company's AIBOX is equipped with the NVIDIA Drive AGX chip, providing up to 200 TOPS of AI computing power and a transmission bandwidth of 205GB/s, pioneering the smooth operation of the 7B large model on the edge side. AIBOX and DiShui AIOS form a "software-hardware synergy" product and technology combination. Additionally, the company relies on the Volcano Engine HiAgent and Kouzi platform, combined with its own operating system technology advantages, to build a comprehensive solution covering the entire chain. In the smart automotive sector, the company has launched an AI cockpit solution with end-cloud collaboration, achieving 500ms level voice feedback through real-time interaction between the vehicle's end and the cloud brain, as well as functions like multimodal recognition and recommendation. Its GUIAgent, developed jointly with Volcano Engine based on the Volcano Ark Mass platform, can autonomously plan inference and execute UI interactive operations, significantly enhancing the cockpit interaction experience.

Xiaomi Auto announced new store developments on November 30: 17 new stores were added in November, bringing the total to 441 stores in 131 cities nationwide; 36 new stores are planned for December, expected to cover 7 cities including Hengyang and Mianyang; as of November 30, there are already 249 service points nationwide, covering 144 cities.

According to the Tianyancha App, Foshan Fosu New Materials Co., Ltd. was recently established with He Wanhui as the legal representative and a registered capital of 75 million RMB. Its business scope includes the manufacturing and sales of plastic products, research and development of new material technologies, and research and development of electronic specialty materials. Shareholder information shows that the company is jointly held by Fosu Technology (000973) and Guangdong Guangxin Innovation Research Institute Co., Ltd.

November 27th, according to the latest data disclosed by Cui Dongshu, Secretary-General of the China Passenger Car Association, in October 2025, the sales profit margin of the automobile industry was 3.9%, down 0.5 percentage points compared to September, reaching the lowest level for the same period in five years. From January to October 2025, the sales profit margin of the automobile industry was 4.4%, better than in 2024, but still at the second lowest level in history.

On November 27, BYD (Hong Kong) announced a donation of HKD 10 million for medical assistance, emergency relocation, and post-disaster reconstruction for affected residents.

Faraday Future Intelligent Electric Automobile Company plans to set a cumulative production target of 400,000 to 500,000 vehicles over the next five years.

According to a report by Hong Kong Wande Communications Agency, Tata Motors disclosed in its financial report for the second quarter of the 2026 fiscal year that the main business revenue shows that Land Rover and Jaguar, passenger vehicles, and other income are at the forefront, amounting to 578.77 billion Indian Rupees, 135.29 billion Indian Rupees, and 14.61 billion Indian Rupees, respectively, accounting for 80.0%, 18.7%, and 2.02% of the total revenue.

Gelonghui, November 25 - The Japanese government will designate crucial technologies for economic security as "national strategic technologies." It will identify six key areas, including artificial intelligence, and allocate research budgets and tax incentives accordingly. This move aims to promote investment in the fiercely competitive technology sector and provide extensive support from entrepreneurship to practical application. The national strategic technology plan, identified as the most important technologies, encompasses six areas: (1) artificial intelligence and advanced robotics (2) quantum (3) semiconductors and communications (4) biomedicine and healthcare (5) nuclear fusion (6) space.

According to Tianyancha business information, recently, Faraday Future (China) Co., Ltd. underwent a business change, with its registered capital increasing from 459 million RMB to 475 million RMB. The company was established in March 2017, with Wang Zhigang as the legal representative. Its business scope includes automobile sales, new energy vehicle sales, manufacturing of automobile parts and accessories, wholesale and retail of automobile parts and accessories, sales of machinery and equipment, trade brokerage, and energy storage technology services. Shareholder information shows that the company is jointly held by LeEco Auto Technology (Beijing) Co., Ltd. and FF Hong Kong Holding Limited.

On November 21, 2025, Hon Hai Technology Group (Foxconn) unveiled the new MODEL A electric vehicle reference model at the HHTD2025 exhibition. This vehicle is a B-class MPV, designed with the Japanese "Being White" design philosophy, and it will debut in the Japanese market. It supports configurations ranging from two to seven seats and is compatible with both sliding and side-opening doors, making it suitable for taxi, business, and logistics applications. The new model is equipped with self-developed lidar ADAS/AS systems, immersive audio, intelligent battery and thermal management technology, and features AI translation capabilities. The MODEL A symbolizes "affordable" and "advanced AI technology." Hon Hai is currently in discussions with clients to launch a version of this model in the Southeast Asian market.

On November 17th, the Rongbai Technology 2025 Sodium-ion Battery Cathode Material Launch and Investor Exchange Conference was held in Shenzhen. Wang Zunzhi, General Manager of Rongbai Technology's Sodium Battery Division, introduced that sodium-ion batteries, with their high safety, ability to operate at wide temperatures, long cycle life, and high cost-effectiveness throughout the lifecycle, can be applied to many scenarios where lithium batteries cannot penetrate. In the context of global energy transition and surging demand for energy storage, the market size for sodium-ion battery cathode materials is expected to reach hundreds of billions in the next decade. Currently, Rongbai Technology has achieved comprehensive coverage of sodium battery technology routes, leading the industry in key indicators such as cycle life, compaction, and energy density, all of which have been mass-produced.

The Tianyancha App shows that recently, the patent applied for by Xiaomi Automobile Technology Co., Ltd. for "lightweight design method, device, electronic equipment, and program product for vehicle structure" has been published. The abstract shows that the present disclosure relates to the field of vehicle technology, including establishing a macro mechanical representation by obtaining a finite element model of the components in the vehicle corresponding to the components. By reflecting the microcrystalline arrangement characteristics of the components combined with the beam element crystal structure of the components, a topological model of the components is constructed, and a topological analysis is performed on the topological model to obtain the topological analysis results. By combining the microcrystalline arrangement characteristics and macro mechanical representation, lightweight design of the topological analysis results can be achieved from microscopic lattice arrangement to macroscopic structural form, thereby realizing lightweight design of vehicle structures.

Ineos Automotive stated in a press release that it is laying off hundreds of people worldwide. Before the layoffs, the company had fewer than 1,700 employees globally.

On the evening of November 17, during the Q3 earnings call, Leapmotor's Vice President Li Tengfei stated that the company's overseas orders in November would exceed 15,000 units, with October's overseas sales orders already reaching 12,000 units. The overseas sales target for 2026 is in the range of 100,000 to 150,000 units.