In Q1 2024, the industry added 3,100 tons of new capacity and 650 tons of resumption. Considering about 3,500 tons of repair, the actual increase in Q1 is limited. Q2 is expected to increase, with capacity expected to be concentrated in Q3-4. [pdf]
The lithium supplier's net profit jumped nearly 13 times to CNY5.7 billion (USD780 million) in the third quarter from a year ago, the Chengdu-based company said in its earnings report yesterday. [pdf]
[FAQS about Lithium battery group third quarter performance report]
The product data sheet specifies 500 cycles at C/3 charge and C/3 discharge between 4.2V and 2.85V, hence 100% to 0%. The EU collaborative project iModBatt [Reference 5] has tested and cycled a number of cells. This data shows that the M50 cycle life decrease rapidly when charged above 1C. [pdf]
[FAQS about Lg21700 battery cycle times]
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