[1.29 Lithium Express] BYD will supply blade batteries to FAW and Hongqi * Volvo announces accelerated electrification

[Dongfeng Motor: Lantu FREE enters batch trial production] Dongfeng Automobile News, on January 28th, Lantu FREE batch trial production was officially launched, and mass production will be carried out with a complete full-process mass production mode. Lantu FREE positioning provides extended range electric and pure electric power solutions for zero anxiety medium and large intelligent electric SUV, with four intelligent cockpit modes, a standard advanced intelligent driving assistance system, and a comprehensive range range of 860km for extended range electric vehicles, which has been fully booked and is expected to be delivered in the third quarter of this year.

[Volvo Group announces accelerated electrification] Sweden's Volvo Group announced on the 28th that it will provide sustainable products and service solutions to accelerate the electrification development of the group. Volvo Group announced on the same day that it will set up a Volvo energy department to enhance the commercial flow of electric vehicle batteries, provide users with charging infrastructure, improve the reuse of second-hand batteries, and reduce environmental pressure.

[BYD will supply blade batteries to FAW and Red Flag in the second half of this year] on January 29, BYD will supply "blade batteries" to FAW and Red Flag, which will be loaded in the second half of the year. According to the announcement of Road Motor vehicle Manufacturing Enterprises and products (batch 340) issued by the Ministry of Industry and Information Technology on January 12 this year, E-QM5, a brand new class B electric car of Hongqi brand, is equipped with lithium iron phosphate batteries produced by Fudi in Chongqing.

[Faraday expects to sell more than 400000 FF 91 in the next five years has received more than 14000 orders] according to news on January 29th, Faraday Future (Faraday Future, a US electric car start-up founded by Jia Yueting, is expected to sell more than 400000 cars in the next five years. On Thursday, Faraday announced that it would raise about $1 billion through a merger with blank cheque company Property Solutions Acquisition Corp. ((hereinafter referred to as PSAC) on the Nasdaq stock exchange.

[SAIC GM Wuling global sales of small pure electric vehicles exceeded 300000] today, SAIC GM Wuling announced that its global (GSEV) series of small pure electric vehicles, Hongguang MINIEV, New Baojun E300/E300Plus, Baojun E200 and Baojun E100, have accumulated sales of more than 300000 vehicles. The most eye-catching Hongguang MINIEV, achieved cumulative sales of more than 150000 vehicles in half a year, and won the top spot in China's new energy sales for four consecutive months from September to December 2020.

[Li Bin: the market capitalization of Weilai 600 billion is under great pressure] how does the new power of car building with the highest market capitalization in China view the market, the industry, and itself? Time goes back to a year ago, January 27, 2020, when the stock closed at $4.01. A year later, the company's share price increased 15-fold.