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03:18
Mercedes-Benz Korea fined 11.2 billion won for false advertising of battery information
Gelonghui, March 10th|South Korea's antitrust regulator announced on Tuesday that it has fined Mercedes-Benz 11.2 billion KRW (approximately 7.61 million USD) for misleading consumers regarding the battery suppliers used in some of its electric vehicles.
03:09
Eigen Foundation: EIGEN internal wallet transfers will take place in the coming days, with no unlocking or selling involved
Odaily reported that the Eigen Foundation has issued an EIGEN transparency update reminder on the X platform, disclosing that in the coming days, EIGEN will be transferred between wallets controlled by the Foundation. This move is part of its routine custody and fund management operations. The Eigen Foundation emphasized that these actions are purely internal transfers and do not involve token unlocking, changes to governance arrangements, or any planned sales activities.
03:08
CATL: Zimbabwe Lithium Ban Has Limited Substantial Impact on Global Supply and Demand
According to Golden Ten Data on March 10, CATL stated at its performance briefing that Zimbabwe's recent policy restricting the export of lithium raw ore may be aimed at promoting the localization of its industrial chain. Relevant mining companies are accelerating the construction of local lithium production capacity, and it is believed that the construction period will not be too long, with subsequent exports of related products expected to steadily recover. The global supply of lithium ore mainly comes from Australia, South America, and domestic sources, so Zimbabwe's lithium export ban has a limited substantive impact on global supply and demand. The company has a well-established supply chain layout, and short-term fluctuations in raw material prices or policy changes in a single region have little impact on the company's overall operations.
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