[Geely's Gan Jiayue: Zeekr 9X to enter markets in the Middle East, Central Asia, and Europe from Q3]

On April 29, during Geely's Q1 2026 results conference, Gan Jiayue, CEO of Geely Auto Group, stated that the Zeekr 9X will be exported to the Middle East in June, launched in Central Asia in Q3, and enter the European market in Q4. Gan also revealed that the Zeekr 8X will be promoted in overseas markets from Q4 this year to Q1 next year. Data shows that in the first quarter, deliveries of the Zeekr 9X reached 22,000 units.

[LG Energy Solution posts Q1 operating loss of 207.8 billion won]

LG Energy Solution reported consolidated revenue of 6.6 trillion won in the first quarter, up 1.2% quarter-on-quarter (including approximately 189.8 billion won in North American production incentives). During the same period, it recorded an operating loss of 207.8 billion won. Shipments of pouch-type electric vehicle (EV) batteries declined due to inventory adjustments by major North American customers.

[SMM Analysis] Why has lithium hydroxide trade reversed as imports continuously exceed exports?

[SMM Analysis] Zinfra × CATL: Building a New "Product + Service" Model for Energy Storage in Australia

[SMM Analysis] CATL Reshapes Its Mining Strategy

[SMM Analysis] Hydrogen Energy Empowering Green Mines: Full-Chain Carbon Reduction, Opening a New Zero-Carbon Vision for the Mining Industry

Volvo Cars Q1 Revenue Reached 72.62 Billion Swedish Krona

On April 29, Volvo Cars announced that the company's Q1 revenue was 72.62 billion Swedish kronor, above expectations of 72.03 billion Swedish kronor. Operating profit was 1.6 billion kronor ($172 million), below 1.9 billion kronor in the same period last year. The company's CEO stated that as locally developed car models such as the XC70 launch new versions covering larger market segments, performance in the Chinese market is expected to begin improving.

GAC Group: Q1 Consolidated Total Operating Revenue of 20.229 Billion Yuan

On April 29, GAC Group released its Q1 2026 report. During the period, the company's consolidated total revenue was 20.229 billion yuan, up 1.76% YoY, with net profit attributable to shareholders of the publicly listed firm at -656 million yuan. In Q1 this year, GAC Group's proprietary brand sales reached 166,200 units, up 42% YoY.

Geely: Q1 Revenue Exceeded 80 Billion Yuan for the First Time

On April 29, Geely released its Q1 2026 earnings report. In Q1, the company achieved revenue of 83.776 billion yuan, up 15% YoY; net profit attributable to the parent was 4.166 billion yuan, down 27% YoY, below the market's prior expectations of 4.5 billion yuan; after excluding the impact of exchange rate fluctuations and non-financial asset impairment losses, core net profit attributable to the parent was 4.561 billion yuan, up 31% YoY.

[SMM Manganese Ore Weekly Review] Manganese Ore Market Fluctuated and Pulled Back, Intensifying Tug-of-War Between High Cost Support and Weak Demand

April 30 update: Northern ports: South African high-grade iron ore at 33.1-35 yuan/mtu, flat WoW from last Friday; South African semi-carbonate at 39.8-40.3 yuan/mtu, down WoW from last Friday; Gabon at 44-44.6 yuan/mtu, down WoW from last Friday; 46% Australian lumps at 45.5-46 yuan/mtu, down WoW from last Friday. South China ports: South African high-grade iron ore at 36-36.5 yuan/mtu, flat WoW from last Friday; South African semi-carbonate at 37.8-38.5 yuan/mtu, down WoW from last Friday; Gabon at 42.5-43 yuan/mtu, down WoW from last Friday; 46% Australian lumps at 45-45.5 yuan/mtu, down WoW from last Friday.