FUNTI · MORNING BRIEF
Today, start with these 9
October 23, 2026 · Mobile edition
01 HIGHLIGHTS
GFEX issues a risk warning on lithium carbonate
On October 22 the GFEX issued market risk notice 272 on large lithium carbonate price swings.
an exchange-level notice usually comes with tighter margins and position limits
02 HIGHLIGHTS
Export licence filing closes today
The Shenzhen Commerce Bureau requires companies to complete online submission by October 23, and MOFCOM requires local authorities to finish preliminary review by October 28; late filings will not be accepted
check the three lists today: entity, model and authorised exporter
03 HIGHLIGHTS · CHINA
Europe starts narrowing the hybrid loophole
On October 9 China and the EU reached an understanding on hybrid vehicle trade; the European Commission is discussing a tariff-quota scheme with a quota of 350,000 units, rising 6% a year, potentially effective December 2026 for four years.
this is a passenger-car measure and does not directly hit e-motorcycles
04 RAW MATERIALS
Lithium futures are hugging RMB 90,000 while spot has not caught up.
On October 22 the front-month GFEX contract closed at RMB 94,180/t and the second-month at RMB 91,360/t, down 3.49%; the spot battery-grade reference price from Sunsirs was RMB 98,000/t, leaving futures at a discount of about RMB 6,600/t to spot.
a discount that deep means the futures market is betting spot will keep falling.
05 RAW MATERIALS
Copper edged lower overnight, under RMB 1 per vehicle
Copper on the SHFE closed down 0.74% in the early hours of October 23.
the direction helps and the size is negligible;
06 RAW MATERIALS
FX: the settlement rate is still 0.8% below the quoted rate. …
USD cash buying 666.51, selling 669.32, reference 671.95, essentially flat versus 666.53 on October 22; the RMB central parity on October 22 was 6.7195, …
keep 6.66 in the FX field of quotations
07 OVERSEAS · VIETNAM
Vietnam's e-motorcycle sales nearly doubled in the first seven months.
In January–July 2026 Vietnam's e-motorcycle sales rose 97.2% year on year, five times the market's growth. Electrification reached 27.7%; …
the local leader is selling vehicle plus battery-swap plus fleet as one package;
08 OVERSEAS · BRAZIL
Brazil's CKD duty-free window has just over two months left
From July 1, 2026 Brazil restored a zero-tariff import quota for CKD and semi-knocked-down vehicles, lasting six months with a total of USD 463 million; …
the quota expires at year-end and the tariff doubles next year
09 OVERSEAS · PHILIPPINES
EVAP Philippines enters its second day
The 14th EVAP 2026 runs October 22–24 at the SMX Convention Center in Manila, and the Philippines applies zero tariffs to e-motorcycles, e-trikes, e-bikes and batteries until 2028
what is being compared on site is the whole package of vehicle plus battery plus after-s …
FUNTI · Taizhou Fangxiang Technology Co., Ltd. · Auto-generated
Figures are compiled from public market sources; verify before commercial use.
