[9.10 Lithium Express] Ningde Times signed a strategic cooperation agreement with Changan Automobile * BYD's new battery factory in Brazil starts production.

[Ningde Times and Changan Automobile signed Strategic Cooperation Agreement] recently, Ningde Times and Changan Automobile signed a strategic cooperation agreement in Ningde. According to the agreement, the two sides will establish a long-term and in-depth partnership in the fields of intelligent network-connected electric vehicles and smart energy ecology to jointly promote the construction and development of China's new energy vehicle industry. Prior to this cooperation, Changan Automobile invested in Ningde era in 2017 by acquiring the share of Zhenjiang Demao Hairun Equity Investment Fund Partnership (Limited Partnership). Not long before this acquisition plan, Changan Automobile officially released its brand-new new energy strategy, the "Shangri-La Plan", announcing that Changan Automobile would stop selling traditional fuel vehicles in 2025, while spending 100 billion yuan to develop new energy vehicles. Ningde era investment is also among them.

[BYD's new battery plant in Brazil] it is reported that a new battery production plant set up by BYD in Brazil recently began operation. BYD has already set up two other companies in Brazil, the electric bus chassis factory established in 2015 and the photovoltaic module plant established in 2017. The newly established battery factory in (Manaus), Manaus, is a small factory with an area of only 5000 square meters, with an initial investment of only 15 million reais (about US $2.7 million). Foreign media estimate that the plant is only responsible for producing modules that accommodate lithium iron phosphate (LFP) cells, not batteries. The plant will produce 18000 battery modules a year, including 1000 in September.

Compete for the largest shareholder! BAIC wants to increase its stake in Daimler to 9.9%] recently, there are media reports that BAIC plans to increase its stake in Daimler Group by buying shares in the secondary market, with a total shareholding of 9.99%, surpassing Geely to become Daimler's largest shareholder. Before that, Geely took the lead in BAIC, taking the lead in buying a 9.69% stake in Daimler and becoming Daimler's largest single shareholder. "View details

[SAIC Group sold more than 500000 vehicles in August, up 3.6% from the same period last year for the fifth month in a row.] SAIC sold a total of 504000 new cars in August this year, an increase of 3.6% over the same period last year and 10.2% month-on-month growth. Since April this year, SAIC's new car sales have grown for five consecutive months, with August sales exceeding the 500000 mark for the first time. In August, SAIC sold 25000 new energy vehicles, up 51.8% from a year earlier, while overseas sales of independent brands reached 19000, up 27.6% from a year earlier. SAIC achieved overall overseas sales of 179000 vehicles from January to August, continuing to rank first in the domestic industry, accounting for 1/3 of the total overseas sales of Chinese auto companies.

[GM buys 11% stake in Nikola for $2 billion] GM reportedly announced on Sept. 8 that it will take an 11% stake in electric truck maker Nikola and will produce its hydrogen fuel cell electric pickup Badger by 2022. GM will receive a $2 billion stake in Nikola and has the right to nominate a board member. GM will also supply fuel cells for Nikola's Class 7 and Class 8 heavy trucks in other parts of the world except Europe. Phoenix-based Nikola specializes in zero-emission semi-trailers powered by batteries or hydrogen fuel, but recently launched Badger pickups to consumers.

[battery recycling industry ushered in a warming period for more than 3000 battery recycling-related enterprises in China] according to the data of Tianyanchang Professional Edition, there are more than 3000 battery recycling-related enterprises in China that are in operation, survival, moving in and out, and the enterprise name or business scope includes battery recycling-related enterprises. From the perspective of geographical distribution, Anhui Province has the largest number of battery recycling-related enterprises, nearly 400, accounting for 11.8% of the country. Shandong Province, Henan Province and Jiangsu Province followed, accounting for 9.17%, 8.31% and 5.9% of the country's related enterprises, respectively. Industry insiders said that at present, the first batch of automobile power batteries entering the market in China have ushered in a "scrapping period".

A few days ago, foreign media Autocar sorted out a total of 9 electric models being developed by BMW, some of which have already been released. Among the models yet to be released, the BMW i5 and i7 are worth looking forward to. According to Autorcar, the BMW i7 is expected to be available in 2022.

"2020 (second) China Automotive New Materials Application Summit Forum"

It was solemnly held in Shanghai from September 17 to 18.

During the reform period of the "four modernizations of the automobile", intelligent network connection, new energy, lightweight and intelligent manufacturing entered the field of the automobile industry, and the automobile era was reinterpreted. The surging changes require the industry to continue to integrate and innovate, and quickly promote the development rate of automobile enterprises. With the emergence of self-driving and intelligent cars, Internet companies, which are not active in the automotive field, have more opportunities to show their talents; the double points policy is becoming an important driving force for the development of China's new energy vehicle industry; in the face of environmental constraints, car companies speed up the application of advanced lightweight components and technologies to achieve vehicle weight loss. With the continuous promotion of the strategies of "Industrial 4.0" and "made in China 2025", intelligent manufacturing has become a new challenge of upgrading and transformation.

Under the guidance of the Shanghai Economic and Informatization Commission and the Shanghai Federation of Industrial economy, in order to accelerate the application of automobile lightweight and product lines, the Shanghai Nonferrous Metals Industry Association, together with Shanghai Automotive Engineering Society, Suzhou Die casting Technology Association and SMM, jointly held the "2020 (second) China Automotive New Materials Application Summit Forum". Jointly discuss material solutions, co-casting automobile industry chain green development closed loop, and strive to build an excellent communication and cooperation platform for the whole automobile industry chain, and lead the creation of advanced automobile industry clusters.

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