Fubao data: battery-grade spot basis index -2,950 yuan/ton (unchanged). Battery-grade lithium carbonate 160,250 yuan/ton, up 1,000; industrial-grade (composite) 157,600, up 1,000; premium battery-grade 161,250, up 1,000. Lithium hydroxide index 146,333 yuan/ton, up 1,000. Metallic lithium index 1,110,000 yuan/ton (unchanged). Fubao brine (lithium sulfate) discount factor 76% (unchanged). Spot lithium carbonate gains attributed to firm downstream restocking demand.

Apple (AAPL.O) announced a parental-control feature that lets parents set daily schedules and specify which apps children can use during different times of day.

BYD Chairman Wang Chuanfu said second-generation blade batteries and flash-charging technology have resolved a major EV pain point and drawn strong domestic and international praise, but current battery capacity is still insufficient. Capacity is ramping by roughly 20,000-30,000 incremental units per month, he said, and the company is working around the clock to meet demand. Wang warned that vehicle sales this year will be determined by battery production. BYD will concentrate resources on its battery division to fully exploit blade-battery capacity and expects higher output later this year, with materially larger volumes next year once the ramp is complete and both domestic and international markets can be served.