Bayi Space suspends lithium hexafluorophosphate project to cope with industry changes

Bayi Spacetime announced at the third quarter 2024 performance briefing that the company will suspend the advancement of lithium hexafluorophosphate related projects. Chairman and General Manager Zhao Lei said that although the company has made a lot of preparations, considering the substantial changes in the lithium battery new energy industry in the past two years, the company needs to carefully evaluate the situation before making a decision.