1. **Power Battery Recycling Standards Symposium Held in Ningde** A symposium on power battery recycling standards and supply chain stabilization was convened in Ningde, Fujian, on November 27. The meeting emphasized strengthening technical standardization frameworks, accelerating relevant standard development, and optimizing China's power battery recycling system. Participants highlighted the critical role of standardization in advancing the new energy sector and supporting green, low-carbon transformation in manufacturing.
2. **MIIT Encourages Global Expansion of China's Green Industries** On December 1, 2025, an article by Li Lecheng, Minister of Industry and Information Technology, outlined China's commitment to green manufacturing and global sustainability. The piece called for enhanced international collaboration in green technology, equipment, trade, and standards. It specifically encouraged leading Chinese companies in photovoltaics, wind power, lithium batteries, and NEVs to expand overseas, particularly under the Belt and Road Initiative, while contributing to global green infrastructure and transportation solutions.
3. **Easpring Advances High-Density LFP Product Line** Beijing Easpring Material Technology Co.,Ltd. announced via an investor platform that its fifth-generation high-density lithium iron phosphate (LFP) has completed onboarding with key clients. While third- and fourth-generation products remain dominant, the fifth-generation LFP has shown promising validation progress, signaling technological leadership in the sector.
4. **China Captures 38% of Global Auto Market in October 2025** Cui Dongshu, Secretary-General of the China Passenger Car Association, reported that China's share of the global automotive market rose to 38% in October 2025, up 1 percentage point year-on-year. From January to October, China held a 34.9% market share, with BYD, Geely, and Chery ranking among the world's top 10 automakers. The shift toward electrification has accelerated the decline of traditional international brands, except in resilient markets like the U.S. and India.
5. **BYD Reports 11.3% Sales Growth in Jan-Nov 2025** BYD sold 480,186 vehicles in November 2025, bringing its cumulative sales to 4.18 million units year-to-date, an 11.3% increase. The company also disclosed total NEV battery and energy storage installations of 258.282GWh for the period.
6. **Seres NEV Sales Surge 50% in November** Seres Group achieved record November sales of 55,203 NEVs, marking a 49.84% year-on-year growth. Cumulative sales for 2025 reached 411,288 units. The company's inclusion in the Hong Kong Stock Connect program on December 1 has heightened investor interest in its long-term strategic value.
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