[7.13 Lithium Express] EU's 2035 target of stopping the sale of fuel vehicles has been blocked * CITIC Investment said that lithium resources are in the best allocation node.

[Yongxing material: the net profit in the first half of this year is expected to increase by 80% over the same period last year.] on July 12, Yongxing material announced that it expected to make a profit of 294 million yuan to 310 million yuan in the first half, an increase of 80% over the same period last year. Thanks to the rapid development of new energy vehicles and energy storage industry, the price of lithium salt materials continues to rise and gradually stabilizes in a reasonable range, the company's lithium new energy business is in good condition, and its profitability has been greatly improved and improved. it is the main growth point of the company's profits during the reporting period.

[Citic Construction Investment: lithium resources are at the best allocation node] on July 13, CITIC Construction Investment believes that lithium resources are at the optimal allocation node, and the supply of lithium hydroxide continues to be tight. Although some of the production capacity of lithium carbonate fell to the ground in the second half of 2021, but the actual capacity release may still be limited; In terms of demand, new energy vehicles have gradually become one of the best growth tracks. The demand for new energy vehicles has been confirmed in the first half of 2021, and the demand for new energy vehicles may be even stronger in the second half of the year. Under the current supply and demand structure, judging that the structural shortage of lithium resources may continue into the second half of 2021, the price increases of lithium hydroxide and lithium carbonate are more certain, but we still need to focus on the impact of lithium carbonate capacity expectations on their prices. After the demand boom has been strongly confirmed, grasp the capacity investment window period, which is currently the best allocation node of lithium resources.

[BASF plans to build a new battery recovery test device in Germany at the beginning of 2023] on July 12, BASF announced plans to build a new battery recovery test device at its Schwarzhead cathode active material (CAM) production base in Germany, and plans to launch the device in early 2023.

Step up the formulation of energy storage development policies! Recently, a symposium on energy storage security, a high-end energy forum sponsored by the China Energy Research Association and the Zhongguancun Energy Storage Industry Technology Alliance, was held in Beijing. Xu Wenli, deputy director of the Electronic Information Department of the Ministry of Industry and Information Technology, revealed that it will speed up the combing of solar photovoltaic, new energy storage batteries, major terminal applications and other energy electronics industry chains, and study and formulate relevant policies to support the development of the energy electronics industry.

According to media reports on Monday, the EU's radical policy to reduce emissions from the automobile industry has encountered resistance from France, and the major cities of the European automobile industry are seeking a looser window for companies to electrify the transition. According to previous market news, the European Union plans to reduce car emissions by 65% by 2030 and completely ban the sale of fuel vehicles by 2035. According to French government officials, the country supports a 55% reduction in emissions by 2030 and allows hybrid cars to continue to be sold in the market for a longer period of time.

[Tesla's Berlin plant is expected to be approved in the fourth quarter] Brandenburg economy Minister J ö rg Steinbach said in a recent statement that he expected to issue final approval for Tesla's Berlin super factory sometime in the fourth quarter of 2021.