Macquarie lifts Li Auto rating as Ganfeng claims battery leap

MSN
2026.05.31 03:41
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Macquarie upgraded Li Auto to Neutral, forecasting a 28.33% upside. Meanwhile, Ganfeng Lithium announced initial production of a 500 Wh/kg solid-state cell, potentially doubling EV energy densities pending verification. Additionally, new U.S. and MIT-led extraction methods aim to lower costs and boost domestic lithium supply, challenging China's refining dominance.