On December 9, Dejia Energy, a domestic lithium battery manufacturer, issued a notice stating that due to the persistent surge in upstream raw material prices and rising battery production costs, the company has decided to implement a 15% price hike across its battery product lineup, effective December 16. On the same day, Farasis Energy also disclosed that it was engaged in discussions with customers regarding price adjustments, with some products already experiencing price increases. Farasis Energy explained that the current prices of certain raw materials have soared, and market demand continues to escalate, making the price increase of lithium batteries an inevitable industry trend. As price adjustments cascade through the industry chain, leading players in the sector are intensifying their efforts to secure upstream production capacity and supply chains through long-term agreements, aiming to solidify their scale and cost advantages. Commenting on the recent industry developments, a senior executive from a leading battery company stated, “Securing production capacity is equivalent to securing the future.”