而在大手笔进行渠道调整的同时，耐克更需要意识到，在中国，自己的球鞋从一货难求到价盘散乱，问题远不止出在渠道端。
摘要：然而，当前的积分榜形势让这笔交易的前景变得极不明朗。
奇克的合同将于2027年夏天到期，若今夏无法售出，明夏将面临零转会费流失的风险，管理层和球员团队正在为其积极寻找下家。
1、巴登体育 但“产能过剩”这个标签不够精确。
而它们真正稀缺的地方，不是买设备的钱，而是没有退路：利用率不足，成本自己扛；系统出问题，团队自己上；客户任务跑不起来，没法把责任推诿给下游供应商。巴登体育这意味着即便阿根廷身穿蓝白主场战袍，双方也不会出现颜色冲突。
2、直击2026国际低空展：eVTOL新老玩家交锋，增程、氢能能源形式获关注
当然，他们的对手也会因为同样的原因面临人员不整的情况。
3、6岁小天赐妈妈住进简陋病房，75岁黄维平干瘦佝偻，吃老婆剩米饭
过去大家聊AI芯片，主要集中于云端GPU；但2026年，AI的竞争战场已经从云端转向边缘、终端。
4、石宇奇刚刚收到一个好消息，马上又发出一个坏消息
他们是一个糟糕的北约伙伴。
5、沉默半个月，然后哈登连续发声“招募”！骑士给了詹姆斯最后的体面
推理上下文记忆存储平台可扩展AI智能体的长期记忆，实现机架规模AI系统集群之间的高带宽上下文共享，将每秒处理的token数量和能效提升高达5倍。
Kimi K3的走红，让市场再次校准了对月之暗面的预期。
开幕式上，两只身着世界杯主题球衣的LABUBU人偶在球场中央和观众互动，还登上了世界杯官方MV，着实在全球数十亿观众面前露了脸。
6、新援表现亮眼，王睿泽队史三分王！青岛崂山啤酒90-95惜败北京北汽
从在斯佩齐亚的比赛内容看，科莫托主打8号位，更多表现在衔接推进和防守参与上。
事实证明，红鸟的“魔球”团队可能是足球领域最渣的团队之一。
7、首秀7分8篮板！杨瀚森打得晦涩，中国男篮险胜收官！
可真到了场上，这两人中会有人成为主角吗？ 双方开场都很积极，场面一度颇为好看。
当一笔不含附加条款的1.17亿英镑报价摆在桌上时，阿斯顿维拉迅速点头，毫无悬念。
8、11号签选中“熟男”：勇士不再等待下一个未来
”本周四，英格兰队将在世界杯半决赛中迎战阿根廷，这场对决被视为本届赛事迄今最具火药味的较量。
阿莱格里要求他扮演中路支点的角色，压缩其空间，限制其本能，某种程度上就是在扼杀他作为边锋的天性。
据转会专家罗马诺确认，利雅得新月与西汉姆联已就萨默维尔的转会达成全面协议，固定转会费为5500万英镑，另有1000万英镑的浮动条款。
9、塔图姆正式复出！东部格局要变天啦？
不过上周末有消息称，刚被切尔西截走罗杰斯的阿森纳，可能反过来截走拉克鲁瓦，以报一箭之仇。
声音又比文字更像私人谈话。
10、餐厅拒绝狗入店惹大祸！狗主人换号每天一条差评，商家无奈发声
国际足球协会理事会作为足球规则制定方，与国际足联一道，对政治性旗帜、口号及标识持明确禁止态度。
篮球圈的故事同样精彩。
1、激动人心的一分！打12个回合，用时1分钟，赵勇挥拳庆祝+外网录播
今年6月，其又宣布减持不超过3%的公司股份。
2、曝周鹏有望新赛季有望重返广东男篮！未来或成为杜锋接班人
在当下这个容易用数字去衡量善意的时代，中国球迷拒绝用狭隘的尺子去丈量别人的真心，这种双向奔赴的理解与包容，同样令人动容。
3、世界杯绝杀！28岁锋霸救主：4年蜕变 从笑话到英雄 哭成泪人
晋级本届世界杯四强的球队不仅FIFA排名前四，同时都是世界杯冠军球队。北京首钢最新消息！新帅基本确定，留住陈盈骏，放弃大牌外援从谈判到官宣仅耗时极短，展现了曼联制服组在把握战机时的果断。
4、堪称神奇！辛杜一路过关安洗莹陈雨菲山口茜，夺日本公开赛冠军
GLP-1类药物驱动了礼来约80%的经济价值，这个数字本身就是对当年那个错误决定最响亮的嘲讽。
5、新赛季乒超联赛U19球员占比超四成，樊振东、王曼昱未注册
然而卡雷察斯这笔交易的风险不容小觑，米兰内部对此也存在分歧。
6、世界杯大胆预测：法国队和西班牙队狭路相逢，谁能勇者胜
Kimi K3硬核出圈：一次“逼近3万亿”的开源亮剑 从“不急上市”到“6个月倒计时”，催化剂是7月16日那夜悄然上线的Kimi K3。
如果米兰下赛季变阵四后卫，阿泰卡梅将在右后卫位置得到更多出场机会。
不过事情的发展出乎很多人的意料，努涅斯在沙特的日子并不好过。
7、4记三分轰22分！李贤重打出生涯之夜，为何仍难拿到双向合同？
对于阿迪达斯而言，这不仅是一次品牌曝光的极致放大，更是一场精准押注后的丰厚变现。
荷兰队方面，阿森纳后卫廷贝尔因腹股沟伤势正式退出世界杯，后防轮换深度受到影响；哈维·西蒙斯因伤缺阵，边路突破能力有所下降；主力门将维尔布鲁根因伤缺席合练，首发位置存在变数。
8、火箭对阵鹈鹕前瞻 近期状态糟糕的鹈鹕 能在火箭身上终止连败吗
700万欧元购入的阿泰卡梅也有希望留在队中，他的定位是萨勒马克尔斯的轮换。
她在公开信中表示，自2027年1月起，耐克将以天猫、京东和抖音的官方旗舰店以及Nike官方网站和App为核心，重新打造在中国的数字市场生态。
朋友们，在一个多模态模型赛道上同时获得五类投资方认可的公司，屈指可数啊，难度不亚于集齐七颗龙珠。
当终场哨声吹响，谁在托举球队，谁在消耗队友，答案早已写在每一寸绿茵场上。
盘点NBA新世纪7大超级巨星，杜兰特落榜，字母哥垫底，库里未入前3
一场114-109的逆转，让森林狼看到希望，马刺全队不服，雷霆笑了
世界杯得分王回国打全锦赛否？17岁非第一次跨级 看齐卞兰振兴江苏？
欧莱雅于世界人工智能大会举办"AI向美"主题活动，聚合技术底座、产业洞见与青年力量
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- 1 如今看来，这个预期要落空了。
- 2 不过，米兰要动手的前提是先完成中场的清理工作，只有腾出名额和薪资空间，才会正式推进霍伊别尔的转会。
- 3 据西班牙《每日体育报》报道，巴塞罗那正密切关注出自拉玛西亚青训的边锋埃斯塔尼斯·佩德罗拉的转会进展。
- 4 重视美国 俄罗斯、卡塔尔、美国，连续三届世界杯的主办地，对中国企业家的吸引力完全不在一个量级。
- 5 Nexfin News — China’s lithium battery industry is undergoing a rite of passage, transitioning from wild expansion to disciplined competition. In the first half of the year, a rare divergence between surging corporate earnings and falling stock prices brought a permanent shift in the sector’s underlying dynamics into sharp focus. By mid-July, A-share lithium battery stocks pulled back despite dramatic midyear earnings forecasts. Tianqi Lithium projected net profit growth of up to 4,935% year-over-year, EVE Energy forecast a 95% to 110% increase, and both Sunwoda and REPT BATTERO turned profitable again. Across the supply chain—from upstream lithium salts to downstream battery makers—most companies reported substantial operational gains. Yet robust earnings failed to stop equity valuations from sliding. On July 8, Chengxin Lithium hit its daily downside limit, Yahua Group dropped over 15%, and Tinci Materials saw more than 30 billion yuan in market value evaporate within a week. Ganfeng Lithium has fallen roughly 38% from its peak, while market leader CATL is down about 20%. The immediate trigger for the selloff was the resumption of operations at CATL’s Jianxiawo lithium mine. On June 29, the mine secured its safety production permit, which was officially posted on the Credit China website on July 7. The site—the world’s largest single lepidolite mine—had been idle for over ten months. With an annual capacity of roughly 100,000 metric tons of lithium carbonate, it previously accounted for 8% to 10% of China’s total output. Its return brings over 45,000 tons of additional supply in the second half of the year, hitting elevated lithium prices head-on. Futures markets reacted instantly: on June 18, as restart speculation grew, the main lithium carbonate contract fell 6.58% in a single session, beginning a steady slide from its May high of 205,000 yuan per ton. This stark contrast between thriving industrial output and falling stock prices coincided on the surface with lithium carbonate pulling back rapidly from its May peak of 200,000 yuan per ton to 151,000 yuan. But a more critical question remains: is this the sign of a cyclical peak, or is the industry undergoing a profound revaluation? Answering that requires stepping back to examine the paradigm shift that unfolded across the lithium battery sector between 2025 and 2026. The essence of this shift is not the fluctuation of any single price signal, but a permanent realignment of the industry's competitive playbook—moving from "who expands the fastest" to "who possesses technology, steady profits, and global compliance capabilities." From 60,000 to 200,000 In late June 2025, battery-grade lithium carbonate dropped below 60,000 yuan per ton, touching a three-year low of 59,900 yuan. Lithium salt producers across the sector incurred heavy losses, forcing widespread shutdowns among small and medium-sized manufacturers. From Australian hard-rock mines and small African projects to domestic lepidolite producers, virtually all marginal capacity went offline that summer. A two-and-a-half-year price slump accomplished its single necessary function: clearing out excess supply. By the fourth quarter of 2025, supply and demand dynamics reversed faster than the market had anticipated. The initial spark came from energy storage demand. Data from research firms including InfoLink show that global energy storage cell shipments reached roughly 610 GWh in 2025, up over 90% year-over-year, with fourth-quarter volumes alone topping 200 GWh. Production schedules showed energy storage cells clearing lithium carbonate inventories at an accelerating quarter-over-quarter pace. As growth in electric vehicle batteries moderated, energy storage stepped in not just to absorb excess capacity, but as the industry's primary growth engine. Surging demand was only half the story; supply contracted just as sharply. Small African mines and high-cost domestic lepidolite operations exited the market. Meanwhile, Zimbabwe announced a temporary suspension of lithium concentrate exports in February—a country that accounted for 15.5% of China’s lithium concentrate imports in 2025. Although Australia remained the primary pillar of China's upstream raw material supply at over 50%, the policy further tightened market expectations surrounding upstream supply. Zimbabwe's Ministry of Mines later confirmed that a formal export ban would take effect in January 2027. The tension between supply and demand peaked with the onset of a structural global deficit. Morgan Stanley estimated in early 2026 that the global market would face a shortfall of roughly 100,000 metric tons of lithium carbonate equivalent (LCE) for the year. Soochow Securities calculated total annual lithium mine supply at approximately 2.14 million tons, representing 440,000 tons of new capacity—most of which was not slated to come online until after the third quarter. That timing gap fueled the price rally during the first half of the year. Driven by these converging forces and inventory restocking across midstream channels, lithium carbonate surged from 70,000 yuan per ton in October 2025 to 200,000 yuan by May 2026. Unlike the speculative frenzy that drove prices to 600,000 yuan in 2022, this recovery occurred after capacity had been fully built out, anchored firmly by real end-user demand. Gaogong Industry Research Institute (GGII) summarized the shift: "This is not a bubble, but a return to fundamental value. The structural surge in energy storage demand, combined with supply-side consolidation, has redefined a rational price band for lithium." Prices doubled quickly due to market sentiment and downstream stockpiling. July’s price correction reflected two main factors: the gradual release of new supply and downstream resistance to inflated raw material costs. Analysts generally expect lithium carbonate to trade within a median range of 120,000 to 160,000 yuan per ton for the full year—a price level that keeps most producers profitable without triggering another round of reckless expansion. Energy Storage as the New Engine In the first half of 2026, China's energy storage battery shipments reached roughly 485 GWh, a year-over-year increase of over 80%. Over the same period, power battery shipments totaled roughly 630 GWh, up over 30%. The gap between the two segments is narrowing rapidly. Structural figures are even more telling. In the first quarter of 2026, Chinese energy storage battery shipments totaled about 209 GWh, up 115% year-over-year and accounting for roughly 40% of total lithium battery shipments. By June, energy storage cells made up nearly 41% of monthly production schedules—up from around 30% a year earlier. According to InfoLink, full-year energy storage cell shipments in 2025 reached roughly 610 GWh, approaching 70% of power battery shipments over the same timeframe. Energy storage is no longer a side business for battery makers; it has emerged as an independent market reshaping demand across the industry. Behind this market realignment lies a fundamental shift in purchasing drivers. Before 2024, domestic energy storage growth was driven primarily by mandatory integration policies, which required wind and solar projects to install storage capacity. That regulatory setup created low-quality demand, leading to poor utilization, weak financial returns, and inconsistent cell quality. Between 2025 and 2026, market dynamics pivoted from regulatory compliance to commercial economics. The shift first materialized in the domestic market. In early 2026, the National Development and Reform Commission and the National Energy Administration jointly issued new capacity pricing regulations (NDRC Pricing [2026] No. 114), establishing a national capacity tariff mechanism for standalone energy storage facilities. Local standards were set between 165 and 330 yuan per kilowatt-year, depending on the province. Surveys by Soochow Securities indicated that internal rates of return (IRR) for storage stations in several provinces crossed the 6% threshold required for commercial viability, especially where peak-to-valley price spreads exceeded 0.3 yuan per kWh. IRRs for top-tier projects reached as high as 10%, fundamentally improving overall demand quality. This domestic turning point coincided with an explosion in international demand. Major solar-plus-storage projects launched across the Middle East, particularly in Saudi Arabia and the United Arab Emirates, with individual project capacities regularly reaching several gigawatt-hours. In emerging markets across Australia, Southeast Asia, and Africa, weak power grids and rising renewable energy penetration transformed energy storage from an optional luxury into a necessity. Soochow Securities calculated that utility-scale storage installations in emerging markets grew 233% year-over-year in 2025, with an additional 69% increase projected for 2026. In Europe, energy security concerns and green energy quotas kept commercial, industrial, and residential demand robust. GGII projects that global energy storage battery shipments in 2026 will reach 800 to 1,100 GWh, representing year-over-year growth of 30% to 70%. Even at the mid-point estimate of 900 GWh, energy storage output is positioned to approach or match power battery production this year. As the industry's primary growth engine shifts, its core operational requirements are evolving as well. Power battery demand is dominated by automakers, whose priority is cost efficiency. The customer base for energy storage, however, is far more diverse: utility operators prioritize long cycle life and safety, data center owners require high discharge rates and extreme reliability, and overseas projects demand lifecycle compliance and supply-chain traceability. Winning in these markets requires technological adaptation, solid project execution, and international compliance capabilities rather than sheer scale. Oversupply or Industry Maturity? Evaluating battery utilization rates requires a closer look at the underlying numbers. In May 2026, the single-month installation rate for Chinese power batteries dropped to roughly 38%. Over the first five months of the year, cumulative power battery installations totaled 259 GWh against 863 GWh produced—yielding an overall utilization rate of about 30%. Factory output continues to outpace vehicle installations, leaving a substantial share of manufacturing lines underutilized. The five-year trajectory of Chinese power battery installation rates tells a clear story: 70% in 2021, 54% in 2022, roughly 52% in 2023, 50% in 2024, 44% in 2025, and 38% by May 2026. This steady decline in installation rates offers clear evidence of an industry transitioning from rapid early growth into maturity. Yet labeling the sector simply as oversupplied misses crucial nuances. The market is not experiencing a uniform glut; rather, it is undergoing sharp structural polarization. High-end shortages coexist alongside low-end surpluses. Demand for premium batteries with energy densities above 160 Wh/kg—primarily ternary chemistries—rebounded sharply, rising from a 6% market share in 2025 to 11%. Meanwhile, low-end products under 125 Wh/kg have effectively been phased out. Demand has also diverged sharply between commercial and passenger vehicles. Driven by subsidy policies, battery demand for electric heavy trucks and delivery vans surged, with battery consumption for electric cargo vans rising 169% year-over-year. By contrast, electric buses—once the industry's primary market—fell to fifth place. While market leadership remains dynamic, the nature of competitive moats is shifting. CATL and BYD together retain a 68% market share, but second-tier players like Gotion High-tech, EVE Energy, Svolt Energy, and Hithium are making gains. Competition is shifting from pure capacity expansion to technological differentiation and operating margins. From another perspective, declining installation rates are a natural hallmark of industry maturity. As annual growth moderates, a drop in capacity utilization from 70% to 40% is to be expected. While systemic capacity pressures continue to weigh on industry-wide profitability, and smaller players face ongoing price competition, market leaders retain the balance sheet strength to navigate the transition. As top-line growth slows, manufacturers lacking proprietary technology, accumulated capital, or global compliance infrastructure risk being squeezed out. This shift explains recent strategic course corrections by major capital allocators. Anode producer Sinomatech canceled a 10.3 billion yuan expansion, cathode supplier Dynanonic abandoned a 10 billion yuan project, and separator manufacturer Semcorp terminated a roughly 2 billion yuan facility in Malaysia. Top-tier players reining in massive investments is a classic sign of an industry transitioning from early expansion to financial discipline. This reallocation of capital does not mean expansion has halted entirely. In the first half of 2026, manufacturers announced over 65 new planned projects representing more than 1,500 GWh of capacity and over 220 billion yuan in total investment. Hunan Yuneng disclosed a 24 billion yuan expansion, while Yahua Group announced additional capacity in Zimbabwe. Expansion continues, but the prerequisites have changed: only enterprises with strong technical barriers, cash reserves, and global compliance infrastructure are positioned to invest while competitors scale back. Technology Race 2.0: Three Fronts If the period between 2022 and 2024 was defined by a race for manufacturing scale, 2025 and 2026 have marked a pivot toward technological differentiation across three distinct fronts. Front One: Structural Shortages in 314Ah Cells The central operational focus for the energy storage supply chain in 2026 has been a structural shortage of 314Ah cells rather than short-term price swings in raw lithium. By March, average spot prices for 314Ah cells from tier-one manufacturers approached 0.40 yuan per Wh, with small-lot orders reaching 0.45 yuan per Wh—a surge of over 25% within six months compared to the 0.30 to 0.34 yuan per Wh seen in August 2025. The immediate driver was rising raw lithium costs—at 180,000 yuan per ton of lithium carbonate, theoretical cell production costs sit between 0.35 and 0.38 yuan per Wh. However, the root cause was a supply gap during the industry's transition to larger formats. As manufacturers shift from 280Ah and 314Ah form factors toward 500Ah+ designs, investment in legacy 314Ah production lines has largely ceased. Because next-generation 500Ah+ cell capacity will not scale up until late 2026, production ramps and customer testing created a temporary bottleneck. During this supply gap, the deficit widened significantly, pushing delivery timelines for select orders into 2027. This dynamic reflects a clear shift in industry economics: market returns are no longer guaranteed simply by bringing capacity online, but by executing format transitions ahead of competitors. CATL has already deployed its 587Ah cell in a 2.4 GWh standalone storage project in Inner Mongolia, while EVE Energy has accelerated mass production of its 628Ah format. With the shift toward larger cell formats underway, manufacturing execution is everything. While 314Ah supply constraints present an immediate operational challenge, solid-state technology represents the long-term competitive battlefield. Front Two: A Return to Realism in Solid-State Batteries Although 2026 has been touted as the inaugural year for commercial solid-state battery deployment, that label requires qualification: current production consists almost entirely of semi-solid (hybrid liquid-solid) chemistries. Models including the NIO ET9, MG4, GAC Hyper, and Chery vehicles have entered the market equipped with semi-solid packs featuring energy densities between 350 and 400 Wh/kg. Because these designs remain compatible with over 90% of existing liquid battery production lines, retooling costs remain manageable and rollout schedules are accelerating. However, the commercial reality of all-solid-state technology remains far more complex than vehicle showroom specifications suggest. In March 2026, Ouyang Minggao, an academician at the Chinese Academy of Sciences, offered a candid assessment: "To be prudent, it is best not to commercialize all-solid-state battery vehicles over the next two years." He cited three major technical hurdles: solid-solid interface stability, where microscopic gaps between solid electrolytes and electrodes cause internal resistance to spike; lithium dendrite formation and safety risks; and the environmental volatility of sulfide electrolytes, which decompose upon exposure to moisture and demand strict manufacturing conditions. Industry leaders report steady if measured progress. CATL’s sulfide-based solid-state cell has surpassed an energy density of 500 Wh/kg, with small-scale production anticipated in 2027. BYD’s 20 GWh facility in Chongqing is scheduled to begin semi-solid production in the third quarter of 2026, targeting pilot runs for all-solid-state cells in 2027. Gotion High-tech plans to initiate operations on a 2 GWh solid-state line by late 2026, while EVE Energy has produced sample 60Ah solid-state cells. A clear timeline has taken shape: 2026 is focused on pilot line verification, 2027 on vehicle testing, and 2030 on potential large-scale commercialization. The implementation of recommended national standard GB/T 43568-2026 (Solid-State Batteries for Electric Vehicles) on July 1, 2026, established an initial regulatory framework for long-term development. Ultimately, 2026 marks less the mass adoption of solid-state technology than a recalibration of market expectations. Meanwhile, an underappreciated demand driver is quietly gathering momentum. Front Three: AIDC Storage as AI Infrastructure In the first five months of 2026, global energy storage shipments for AI data centers (AIDC) reached 10 GWh, surpassing total volume for all of 2025. Industry research firms project that global AIDC storage demand will reach 300 to 400 GWh by 2030—more than twenty times its 2025 level. Capital deployment in the segment is ramping up. CATL invested roughly 4.1 billion yuan to acquire a strategic stake in Senter Power to secure positioning in high-voltage DC power distribution for data centers, while winning a bid for a 2 GW / 4 GWh storage project at a computing center in Guizhou. Fluence signed agreements covering a 12 GW pipeline of potential projects with two major U.S. cloud providers, LG secured eight data center storage contracts totaling 6 GWh—including projects for Oracle—and Panasonic announced 350 billion yen in battery investment aimed at tripling its data center storage revenue. The expansion of AIDC storage is driven by a widening gap between AI computing power demands and utility grid capacity. Power consumption per rack in modern AI facilities has jumped from 5–8 kW in traditional data centers to 40–100 kW, while grid connection approvals and capacity upgrades often take three to five years. Onsite battery systems serve both as backup power and as a bridge to accelerate facility commissioning. Energy storage is moving from an auxiliary fallback to an integrated structural component of data centers. Following NVIDIA’s October 2025 announcement of an 800V DC power architecture—designed to phase out diesel generators and legacy uninterruptible power supplies (UPS)—storage systems are being wired directly into primary distribution networks. This shift expands the market beyond traditional buyers like power utilities and renewable energy developers to encompass cloud providers and infrastructure operators, establishing a distinct category of demand. Globalization 2.0 While domestic market consolidation marks the industry’s initial transition to maturity, international expansion presents a secondary test. Tariff structures, raw material access, and regulatory standards are tightening concurrently across major export markets. Trade barriers represent the most immediate hurdle. The European Union’s countervailing duties on Chinese battery electric vehicles have been in effect for five years and are expanding to include plug-in hybrids. In the United States, the Inflation Reduction Act continues to raise domestic content requirements for power and energy storage batteries. Concurrently, China has reduced its export tax rebates for batteries from 9% to 6% as of April 2026, with complete elimination scheduled for January 2027. Rising trade costs are accelerating a shift from direct product exports to localized overseas manufacturing. At the same time, competition over raw materials is intensifying. The U.S.-led Minerals Security Partnership continues work to build key mineral supply chains outside China, while changing rules in jurisdictions like Zimbabwe highlight shifting export policies. Strategic positioning across raw material supply chains remains an ongoing operational priority. Regulatory compliance presents a quieter but more complex technical hurdle. The European Union’s Battery Passport regulations will become mandatory on February 18, 2027, requiring detailed disclosure of lifecycle carbon footprints, material origins, and recycled content percentages. The impact of these rules depends heavily on how accounting frameworks are defined; systematic discrepancies in baseline emissions databases regarding Chinese energy mixes or manufacturing processes could affect market access. In response, leading Chinese manufacturers are moving from passive compliance to active engagement with international standards. CATL has partnered with BMW and Germany’s Catena-X network to help establish over 90 baseline carbon accounting metrics. BYD invested over 100 million yuan to develop its "i-Carbon Chain" platform for digital carbon tracking across its supply chain. Similarly, REPT BATTERO collaborated with TÜV Rheinland and Circulor on a battery passport initiative, securing third-party verification for 98 independent datasets from an EU Notified Body. Overseas manufacturing footprints are expanding in tandem: CATL’s production complex in Hungary, BYD’s plant in Brazil, Gotion High-tech’s joint venture in the United States, and Envision AESC’s gigafactory in Spain. Chinese battery makers are transitioning from a model of centralized domestic production for export toward localized manufacturing aligned with international standards. This next phase of international expansion hinges on regulatory transparency, supply chain control, and deep local integration. Beyond Maturity In July 2026, as equity valuations diverged from corporate earnings across the lithium sector, market participants wrestled with where the industry stands in its broader evolution. The most visible change is the shift in growth drivers. With energy storage shipments reaching 485 GWh in the first half of the year to account for over 40% of total output, the gap between storage and mobility applications is closing rapidly. This demand-side pivot coincides with capacity rebalancing on the supply side, where power battery installation rates have adjusted from 70% down to the 30%–40% range, signaling an end to early, unbridled expansion while overall margins remain under pressure. These structural shifts are redefining entry barriers across the market. With 314Ah cell prices rising over 25% in six months and AIDC storage demand expanding rapidly, technical capabilities are increasingly determining market positioning. As national standards for solid-state technology take effect and EU Battery Passport deadlines approach, regulatory compliance has become a baseline operational requirement. The trajectory of lithium carbonate—falling to 60,000 yuan, rebounding to 200,000, and settling near 150,000—reflects a market seeking equilibrium. This broader transition was highlighted by a joint policy announcement on July 18, when three Chinese government ministries introduced a new consumption tax structure for batteries. Effective September 1, lithium-ion batteries are subject to a 2% consumption tax, rising to 4% in September 2027, while sodium-ion and solid-state batteries remain exempt through the end of 2028. The policy ends a tax exemption for lithium batteries that spanned more than a decade. Phasing in taxation uses fiscal policy to encourage capacity optimization and technological upgrading by taxing established chemistries while incentivizing next-generation alternatives. For second-tier cell makers operating on narrow margins, the 2% tax burden—equivalent to roughly 0.007 to 0.008 yuan per Wh—will further compress operating margins, reinforcing market consolidation around capitalized leaders. For China's lithium battery industry, 2026 represents a clear inflection point. Enterprises equipped with proprietary technology, international compliance frameworks, and established brand equity face a broader global landscape as the sector matures. Conversely, manufacturers reliant on single customers, lacking technical moats, or unable to meet evolving compliance standards face mounting pressure. The early expansion phase of the lithium battery industry has drawn to a close. Its mature chapter is just beginning. (This article was first published on the TMTPost App. Author | AGI-Signal, Editor | Zhao Hongyu)梅西走下世界杯赛场，变身硅谷投资人。
- 6 2026年美加墨世界杯决赛即将打响，时隔16年重返决赛的西班牙将迎战卫冕冠军阿根廷。
- 7 意甲收官战结束后，米兰老板卡迪纳莱火速炒掉了主教练阿莱格里、体育总监塔雷、CEO富拉尼和技术总监蒙卡达。
- 8 从“连接兴趣”到“创造兴趣”，这不仅是趣丸科技的进化论，也是一个关于“技术如何服务于人”的答案。
- 9 因此客户希望同时获得更高容量、更低能耗、更优TCO。
- 10 长鑫99%营收仍来自DDR和LPDDR，HBM暂时当不了利润稳定器。
- 11 防守端，他的卡位、抢断、补位能力出色，能够精准限制边路突破手；进攻端，他的插上助攻、长传调度，是摩洛哥反击的关键发起点。
- 12 我们从小一起长大，如今能共同享受这些时刻，这种体验无与伦比。
- 13 第二，国产化的决心，梁文锋本人看好国产算力生态。
- 14 在短短4场比赛中，他狂轰3球并送出2次助攻，一人独造5球，以20岁的年纪成为世界杯赛场上最耀眼的超新星之一。
- 15 没有人知道他支持哪支球队，但数次世界杯赛场的看台上，总能找到他的身影。
- 16 随着著名转会记者罗马诺那句标志性的“Here we go”响彻足坛，今夏英超转会市场迎来了一笔重磅交易。
- 17 西班牙势必会通过中场的极致传控来切断梅西的接球线路，试图用体能和跑动优势拖垮阿根廷的老化防线；而阿根廷则可能主动让出部分球权，依靠梅西的灵光一现和全队顽强的防守反击来寻找破局点。
- 18 蔚来ET9、上汽MG4、广汽昊铂、奇瑞等车型已搭载混合固液电池上市，能量密度集中在350至400Wh/kg。
- 19 阿莱格里对拉比奥特欣赏已久，有意将这位法国中场带到自己即将执教的球队。
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