[2.5 Lithium Express] Dangsheng Technology: signing Strategic Procurement Agreement * Toyota China issues five-year Plan

[Dangsheng Technology: signing Strategic Procurement Agreement] Dangsheng Science and Technology announcement, the company recently signed a strategic procurement agreement with HPAL, a subsidiary of Ningbo Liqin Resources Science and Technology Development Co., Ltd., on the procurement of nickel hydroxide intermediate products for power batteries, nickel sulfate and cobalt sulfate. According to the agreement, within 8 years from 2021, the HPAL plant of the OBI nickel wet smelting project of Liqin Resources Indonesia will cumulatively supply not less than 43200 tons and not more than 149040 tons of nickel raw materials to Dangsheng Technology, and no less than 5400 tons and not more than 18312 tons of cobalt by-products.

[Ford will invest $29 billion in electric car self-driving] the traditional automobile industry is investing heavily in electric vehicles and self-driving to meet the huge challenges brought by Tesla. On Thursday, the Ford Motor Company announced that it would invest $29 billion in electric cars and self-driving by 2025.

[Xiaopeng car: the second batch of Xiaopeng G3 shipped to Europe] Xiaopeng said today that since the first batch of 100 G3s were exported to Norway and delivered in 2020, the second batch of Xiaopeng G3 has recently been shipped from Xinsha Port in Guangzhou to Europe.

[including 10 electric vehicles Toyota China released five-year Plan] Toyota China released the "10th four-year" five-year plan. By 2025, Toyota will introduce 10 pure electric models to the Chinese market. At the same time, the four omni-directional electrified technologies of dual-engine, dual-engine E +, E-engine and hydrogen engine will also enter the Chinese market within five years.

(CEO Liao Bing founded new energy vehicle brand "Free car") on the afternoon of February 3, CEO Liao Bing announced through his personal Weibo that he would create Freedom (Shenzhen) New Energy Technology Co., Ltd., and launch the new energy vehicle brand-Free car. Liao Bing Weibo showed that Free Automobile signed cooperation with Xinding Capital and Henan Senyuan Group on the free car project on the same day, and the latter two are partners in the project.

[chip shortage hits business General Motors plans to temporarily close three North American plants] General Motors plans to cut production at several plants this month as chip shortages hit global car business. On Wednesday, local time, GM said it was shutting down production at four assembly plants, three of them in North America, to mitigate the impact of chip shortages and to continue production at factories that make higher-demand models such as large trucks and sports utility vehicles such as the (SUV).