[2.9 Lithium Express] sales of new energy vehicles increased by 238.5% in January * Ministry of Commerce requested to promote new energy vehicle consumption * Lithium carbonate production decreased by 15% in January.

[SMM analysis: lithium carbonate production minus 15% in January and lithium salt prices will still rise in February! In January, the market for lithium carbonate and lithium hydroxide continued to go to storage. Farewell to the New year and welcome the New year to the Spring Festival, the market lithium salt products transactions sporadic, logistics limited freight increases, only a small number of signatures. According to SMM research, starting from February 20, the downstream will continue to purchase raw materials from March to May; about 30% of upstream suppliers are expected to start signing orders in March. The overall market will continue the phenomenon that supply falls short of demand before the year, and the prices of lithium products such as lithium carbonate and lithium hydroxide will obviously rise. "View details

[* ST Jiangte: the price of the company's lithium carbonate products continues to rise after the technical transformation.] * ST Jiangte said on the interactive platform that the company is rich in mica resources, has achieved large-scale production, and has obvious cost advantages. After the technical transformation of the company's lithium carbonate products, the price of its products continues to rise, and the sales price of its products is already above the cost and has made a profit at present.

[the State Energy Administration: ensuring the stability of production safety and the overall stability of power supply] Ren Zhiwu, member of the party group and deputy director of the State Energy Administration, led a research team to the Beijing Electric Power Company of the State Grid on February 8 to investigate the power safety and security situation in the near future and during the Spring Festival. Ren Zhiwu stressed that all units should strengthen risk control and hidden trouble investigation and management, effectively prevent all kinds of power accidents, and ensure the stability of production safety and the overall stability of power supply. It is necessary to focus on important users, check and implement emergency plans for ensuring power supply, help guide users to use electricity safely, improve the configuration of emergency power sources, ensure reliable power supply, and ensure peaceful holidays among the people.

[Amazon-backed electric car maker Rivian is said to plan to IPO this year.] Tesla's rival Rivian, an electric pickup start-up, is said to be likely to launch an IPO as early as September. Rivian is said to be seeking an IPO at a valuation of about $50 billion or more.

[Citic Construction Investment: globally, energy storage is expected to become a battery market second only to new energy vehicles] CITIC Construction Investment: in a cautious scenario, the installed scale of Dafeng energy storage in China is more than 50GW/90GWh; in an optimistic scenario, the installed scale of net zero energy storage is about 2-3 times. Globally, energy storage is also likely to become a battery market second only to new energy vehicles. In addition, considering the long-term necessity of cross-seasonal energy storage, hydrogen carrier energy storage is also likely to form a considerable scale.

[Ministry of Commerce requires: optimize purchase restrictions to promote new energy vehicle consumption] the Ministry of Commerce issued guidelines on promoting automobile consumption in the commercial field on February 9 to promote new energy vehicle consumption. Encourage the quota allocation of regional license plates to tilt towards new energy vehicles, give support to car-free families to purchase the first new energy household cars, and study specific measures for unlimited purchase. All localities can give consumers comprehensive incentives for the purchase of new energy vehicles, such as charging, passing and parking, so as to promote the electrification of vehicles in the public domain and consolidate the growth momentum of the new energy vehicle market. A-share related concept stocks are Changan Automobile, Great Wall Motor and so on.

[China Automobile Association: January sales of new energy vehicles increased by 238.5%] according to the China Automobile Association, automobile production and sales completed 2.388 million and 2.503 million respectively in January 2021, down 15.9% and 11.6% respectively from the previous month, and an increase of 34.6% and 29.5% respectively over the same period last year.

[wholesale sales of new energy vehicles rose sharply in January from a year earlier, while sales of Model 3 plunged 35 per cent from a month earlier] figures show that retail sales of generalized passenger cars in January were 2.18 million, up 25.6 per cent from a year earlier and down 6 per cent from December. Among them, wholesale sales of new energy passenger cars reached 168000 in January, down 20.5 per cent from December. Notably, Tesla sold 15484 domestic Model 3 vehicles, compared with 23804 in December last year, down 35 per cent from the previous month.

[the circular issued by the Ministry of Commerce on promoting automobile consumption in the commercial field and some local experiences and practices] said that the quota allocation of regional license plates is encouraged to be tilted towards new energy vehicles, support is given to car-free families to purchase the first new energy household car, and specific measures for unlimited purchase are studied. All localities can give consumers comprehensive incentives for the purchase of new energy vehicles, such as charging, passing and parking, so as to promote the electrification of vehicles in the public domain and consolidate the growth momentum of the new energy vehicle market.