[2.19 Lithium Express] the cumulative delivery volume of ideal cars exceeds 40,000 vehicles * long Python enters the lithium iron phosphate market across the border.

[invested 300 million yuan to set up the battery business subsidiary Longyanbaili across the border to enter the lithium iron phosphate market] Titanium dioxide enterprises successively entered the lithium iron phosphate market. After China Nuclear Titanium dioxide (002145.SZ) plans to invest 12.108 billion yuan in the construction of lithium iron phosphate project, titanium dioxide leader Python Bai Li (002601.SZ) plans to invest 300 million yuan to set up a battery business subsidiary. Longpang Bai Li related official said that the newly established company will do lithium iron phosphate type battery business, the company produces titanium dioxide by-product ferrous sulfate can be used as lithium iron phosphate.

[South Korea formulates a plan to vigorously develop new energy vehicles] the South Korean government held a national affairs inspection and adjustment meeting at Hyundai Nanyang Research Institute on Thursday to discuss the "fourth phase of the basic plan for new energy vehicles" to vigorously develop the new energy vehicle industry in the next five years, and put forward emission reduction targets and a plan to popularize new energy vehicles in the next 10 years.

[it takes 14.5 months for the cumulative delivery of ideal cars to exceed 40, 000 vehicles] on February 18, 2021, the cumulative delivery volume of ideal cars exceeded 40000, marking another milestone after it completed the record of 10, 000 deliveries on June 16, 2020. Since the delivery of ideal ONE officially began on December 4, 2019, it took ideal car 6.5 months to complete the delivery of the first 10000 vehicles, and eight months later, it took 14.5 months to complete the delivery of the first 40000 vehicles, setting a record for the fastest delivery of new cars.

[clearance of electric car "three stupid" Hillhouse Capital 1.3 billion bet on BYD] recently, it has been reported that Hillhouse Capital has participated in the latest round of private placement of BYD shares. The news was confirmed on February 18. Li Yunfei, general manager of BYD's joint-stock brand and public relations division, said Hillhouse Capital spent $200m (about 1.3 billion yuan) to participate in BYD's latest round of growth. Anxin Securities Research News believes that BYD's fund-raising and increased investment will help the company accelerate its expansion in the field of new energy vehicles and achieve long-term sustainable development. Notably, Hillhouse released the latest US stock holdings at the end of the four quarters of 2020 on the Securities and Exchange Commission's (SEC) website last week. In the fourth quarter, Hillhouse Capital cleared the US stocks of the new forces of car building, such as Lai Automobile, Xiaopeng Automobile and ideal Automobile. U. S. stocks of all three companies rose sharply last year. In addition, another major move of Hillhouse is the clearance of Alibaba, which previously held 4.042 million shares.

[Mercedes-Benz will launch three pure electric models EQA and EQB in China this year] Mercedes-Benz said at its 2020 results conference today that Mercedes-Benz will launch a large-scale pure electric model architecture platform in 2021 to produce new pure electric models, including the new Mercedes-Benz EQs. In addition, following the domestic production of EQC, pure electric models EQA and EQB will be put into production in Beijing Mercedes-Benz in 2021. Soon after that, EQE will also be put into production in Beijing. By 2021, there will be four Mercedes-Benz pure electric models in the Chinese market: the EQA, EQB, EQS and the EQC already on the market.