[5.29 Lithium News] Japan has increased its capital by 2 billion to build a factory in Guangzhou, layout of new energy vehicles related industries * Wei to get 10 billion yuan of investment, ES6 mass production offline

On May 28, Guangdong issued the "implementation Plan for improving the Mechanism of promoting consumption system in Guangdong Province," and put forward 29 specific measures in nine aspects to steadily improve consumption expectations. [Guangdong responded to the state policy of promoting consumption and loosening restrictions on automobile purchase] on 28 May, Guangdong issued the "implementation Plan for improving the Mechanism of promoting consumption system in Guangdong Province." We will create a good consumer environment and promote the formation of a strong and unified market. From the "implementation plan" content, the biggest bright spot is the car! The automobile field has mainly carried on the systematic optimization for the new energy vehicle, the automobile consumption environment, the second-hand car market and so on, including the gradual relaxation of the automobile number and bidding index of Guangzhou and Shenzhen. The Pearl River Delta region is allowed to move to each other, and the emission limits of vehicles can be implemented within a certain transitional period. "View detail

[Henan issued 20 measures to support the development of new energy vehicles] the General Office of the Henan Provincial Government recently issued the Circular on certain policies for speeding up the Popularization and Application of New Energy vehicles in Henan Province. The circular puts forward 20 specific measures in four aspects: actively cultivating the market for the promotion and application of new energy vehicles, creating a good environment for the use of new energy vehicles, further strengthening infrastructure construction, and encouraging the creation of new energy vehicle application models. "View detail

Renault has announced a partnership with electric vehicle charging supplier NewMotion (Shell subsidiary) to become a charging partner for Renault's pure electric vehicle ZE series. Both will provide a one-stop charging solution for European car owners. It is reported that the NewMotion will provide Renault electric car owners with two kinds of household charging posts, basic and advanced. Both are rated 11kW (three-phase) and have dynamic power management functions that automatically optimize the power distribution between the home and the charging post. The advanced charging pile also supports the control of vehicle charging and management of power supply through the Wi-Fi.

[Gore push battery pack low voltage vent technology to promote battery pressure balance / reduce battery pack volume, weight and cost] according to foreign media reports, W. L. Gore & Associates (Gore) Announces a New Technology-Gore Battery low Voltage exhaust Low Pressure Evacuation Vent for Battery Packs), (GORE / Gore) It provides flexibility in the design of battery packs for pure electric vehicles and plug-in hybrid vehicles (BEV/PHEV) in the future. Gore low voltage vent provides more freedom for battery pack design by solving the inherent problems of lithium ion battery components and battery pack.

[Japan has increased its capital by 2 billion to set up a factory in Guangzhou and lay out new energy vehicle related industries] recently, Guangzhou Nansha Economic and technological Development Zone Management Committee and Electric equipment (Guangzhou Nansha) Co., Ltd. formally signed the Agreement on Investment Cooperation of South China New Plant Project of Guangzhou Nansha) Co., Ltd. According to the agreement, Electric equipment (Guangzhou Nansha) Co., Ltd. will invest no less than 2 billion yuan in two phases to build a new factory in South China with a land scale of about 100000 square meters in Huangge Town, and lay out the related industries of new energy vehicles in advance. The project will begin on June 28. Production is expected to begin in 2021 and mass production in 2022.

[Weilai received 10 billion yuan investment, ES6 production went offline] on May 28, Weilai Motor, a new car-building force, announced that it had received 10 billion yuan in investment. On the same day, Weilai car's second mass production model ES6 officially went offline at the Hefei plant, and the first delivery of the new car will begin in June.

[German Nano produced 17500 tons of lithium iron phosphate last year, with sales exceeding 16800 tons.] on May 27, German Nano (300769) announced that the company's production of nanometer lithium iron phosphate reached 17479.51 tons in 2018, Sales rose 52.61% from a year earlier to more than 16802.69 tons, up 49.05% from a year earlier. In addition, on May 11, 2019, the company signed a "joint venture agreement" with Ningde era, which intends to jointly increase the capital of Qujing Lintie Technology Co., Ltd.

[Tesla opened domestic Model 3 reservation on May 31] on May 28, Tesla China official micro released a preheating poster saying, "2019.05.31, please look forward to it," and launched a domestic Model 3 price guessing campaign this morning, sparking speculation among netizens. It is reported that Tesla will officially announce the opening of domestic Model 3 bookings on Friday. "View detail

SMM Cobalt Lithium Research team

Hu Yan 021 51666809

Hong Lu 021 51666814

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Qin Jingjing 021 51666828

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