[4.8 Lithium Power Express] Tianfeng Securities: Chile's closure of the supply of lithium carbonate to reduce lithium prices is expected to continue to rise * Industrial USI: new energy vehicles will be included in the company's important strategic directi

[Tianfeng Securities: Chile's closure of lithium carbonate supply reduction lithium prices are expected to continue to rise] Tianfeng Securities pointed out that Chile is the world's second largest lithium supplier, accounting for 74.08% of China's lithium carbonate imports in 2020. Chile's transportation cycle is about 35 days, and the closure will significantly affect China's lithium carbonate imports in May; supply shrinks and demand is strong, and lithium prices are expected to continue to rise. The long-term production expansion of South American Salt Lake may be postponed, and it will be difficult to release production capacity in 2021. The Black Swan incident highlights the importance of resource layout, and lithium salt factories with multiple resources around the world will be more competitive.

[development and Reform Commission, etc.: support Hainan unified layout of new energy vehicle charging infrastructure construction and operation] support Hainan unified layout of new energy vehicle charging infrastructure construction and operation. We will support Hainan's unified planning, construction and operation of a new infrastructure for recharging new energy vehicles, relax market access restrictions for 5G integrated products and services, and promote the application of vehicle-road coordination and self-driving technology. We will focus on speeding up the layout of rapid recharging facilities in service areas along trunk highways, promoting the construction of centralized recharging facilities in urban areas, industrial parks, scenic spots and public service places, simplifying project reporting procedures, planning and construction, fire control design examination and acceptance, and other aspects of examination and approval process, and break down hidden barriers to market access. Encourage relevant enterprises to carry out business model innovation and demonstration around the recharging business, explore a prudent regulatory system that includes innovation, support and guide enterprises in Electroweb enterprises, new energy vehicle production, battery manufacturing and operation, transportation, real estate, property and other related fields to set up investment, construction and operation companies in a market-oriented manner, encourage innovative ways to carry out all kinds of business cooperation, and create an island-wide "one network" operation mode.

[industrial USI: new energy vehicles will be included in the company's important strategic direction in 2021] Industrial USI (601138) said that in 2021, the company will include new energy vehicles in the company's important strategic direction. On the production side, USI can rely on the hardware equipment technology and enhanced software capabilities accumulated in the electronics industry for many years to be applied to new energy electric vehicles; in market expansion, with the help of the Group's layout in EV and the ecology of the MIH platform, continue to expand the market scale and influence of in-vehicle audio multimedia and vehicle networking systems.

[investment of more than 160 billion battery project capacity over 350GWh] incomplete statistics, in the first quarter of 2021, power battery companies represented by Ningde Times, BYD, Guoxuan Hi-Tech, AVIC Lithium, etc., have successively announced more than 20 new power battery-related projects, with an overall investment of more than 160 billion yuan and an annual production capacity of more than 350GWh.

[Citic Securities: Xinwanda is expected to grow in Guangzhou Auto Geely's fixed-point power business] CITIC Securities Research News pointed out that Xinwanda recently received GAC MOTOR's notice on the development and trial production of A9E car parts and Geely's letter of intent for the development of power battery battery cells for the Geely PMA platform project. The company is the global leader of consumer battery PACK, actively arranges the battery business after the acquisition of Liwei, and the production capacity of Lanxi consumer battery project is expected to increase significantly; in the future, with the gradual withdrawal of Japanese and Korean consumer battery enterprises, the company is expected to enter the global consumer battery supply system. At the same time, the company actively recommends the power battery business and cooperates with Renault-Nissan and Volvo. It is expected that there will be a significant improvement in customer structure in 2021. The company's consumer and power batteries, two-wheel drive, steady business development, continue to recommend, maintain the "buy" rating.

[despite the stagnant rally, Morgan Stanley is still bullish on Tesla] Morgan Stanley said Tesla could benefit from the US infrastructure plan, while investors in the auto industry are at risk of losing money if they do not own Tesla's shares. Adam Jonas, an analyst at the bank, said in a report that the Biden administration's proposal to allocate $174 billion to develop the US electric vehicle ecosystem could increase Tesla's advantage over traditional car companies and even some new competitors. However, he warned that developments could fluctuate, creating some recent uncertainty that could vary from year to year.