[Guangzhou officially issued the first batch of self-driving road test licenses] recently, the Guangzhou Municipal Bureau of Transportation, the Guangzhou Municipal Bureau of Industry and Informatization, and the Guangzhou Municipal Public Security Bureau officially issued the first batch of Guangzhou Intelligent Network vehicle Road Test licenses, and the winners are AutoX, Guangqi Group, Wenyuan Zhixing, Xiao Ma Zhixing, and Shenlan Technology. According to statistics, up to now, together with the five new licenses issued by Guangzhou, 118 self-driving road test licences have been issued in China, including 17 cities. The largest number of self-driving road test licences were obtained in Beijing, with a total of 60, followed by Chongqing with 12, followed by Shanghai and Pingtan in Fujian with seven each, ranking third.

[Fengyuan shares with an annual output of 2000 tons of high nickel 811ternary material production line began to install the main equipment] on June 19, Fengyuan shares (002805) announced that the company's wholly owned subsidiary Shandong Fengyuan Lithium Energy Technology Co., Ltd. implemented the annual output of 5000 tons of ternary cathode material project, made phased progress. Among them, the production capacity of 2000 tons in the 5-series ternary material project has been in the state of full production and full pin, and the production capacity of 1000 tons has entered the trial production stage, which is expected to reach the normal production state by the end of July.

[Science and Technology Innovation Board selling price positive material enterprise Rongbai science and technology success meeting] on June 19, according to the announcement of the results of the fifth review meeting of the Ke Chuangban Municipal Committee in 2019, Ningbo Rongbaixin Energy Technology Co., Ltd., Shenzhen Guangfeng Technology Co., Ltd., which met this morning, all examined and approved.

[Nine cities continue to bet on new energy vehicles: take a stake in battery management system supplier Kexin Power] Nine cities take a stake in electric vehicle battery management system supplier. On June 17, the ninth city of the Internet enterprise (Nasdaq:NCTY, for short: nine cities) announced on its official website that nine cities signed an investment agreement with Kexin Power, a supplier of electric vehicle battery management systems, and that nine cities acquired shares in the company by way of stock exchange, and entered the bureau for the production and operation of electric vehicle power batteries, new energy storage systems, and battery management systems.

[Wanliyang: CVT products matching Geely Automobile country six models on the market] Wanliyang (002434) announcement: since June 2019, the company has independently developed a new generation of intelligent transmission CVT18, CVT25 respectively carrying Geely Automobile Vision X3 and Vision S1 Guofu models are officially mass produced. The successful mass production of Geely's six models with CVT products is another important development following the mass production of Geely's prospective SUV, Dihao GS, Dihao GL and Chery's Areze GX in May 2019.

Mercedes-Benz has partnered with German Telecom (Telefonica Deutschland) and network provider Ericsson to build the world's first 5G mobile network for car production at its plant 56 in Cinderfengen, according to foreign media reports. (Mercedes-Benz partnered with Deutsche Telekom / Ericsson to build the world's first 5G mobile network for car production.) according to foreign media reports, Mercedes-Benz partnered with German Telecom and Ericsson to build the world's first 5G mobile network for car production. As part of an innovative project covering an area of more than 20000 square meters, the 5G mobile communication standard has been put into operation for the first time. The experience of Plant 56 will be used in future applications in other factories. Through this cooperation, it will lay the foundation for the realization of 5G standard in Germany in the future. The 5G network will be installed by Deutsche Telekom in cooperation with Ericsson, installed and debugged, and will be operated by Mercedes-Benz Motor Company.

[Volkswagen will produce 510000 motors a year to serve three brands of pure electric vehicles] on June 20, the power motor model E-Drive MQB APP290 was officially put into production at Volkswagen's Tianjin transmission factory on a large scale, with an annual production capacity of 180000 units. The first model carrying the motor is SAIC Volkswagen Langyi Electric version. In addition, in September next year, the plant will also produce E-Drive MQB APP310 power motors, with an annual production capacity of 330000 units, loaded on I.D. Series as well as Audi, Skoda and other brands of MEB platform models. At that time, the total annual production capacity of APP290 and APP310 motors can reach 510000 units.

It is reported that Germany will allocate 1 billion euros to the three major battery coalitions in Europe to support the local battery industry in Europe and reduce the dependence of carmakers on Asian battery suppliers. [contributing 1 billion euros to Germany] it is reported that Germany will allocate 1 billion euros to the three major battery unions in Europe to support the local battery industry in Europe and reduce the dependence of carmakers on Asian battery suppliers. In Europe, ensuring a regional supply chain for electric vehicles will help Germany meet the EU's goal of reducing carbon emissions and fossil fuel consumption. At the same time, it will also strengthen the ability of European carmakers and battery suppliers to compete better with Asian competitors, Ningde Times, LG Chemical and Samsung.

SMM Cobalt Lithium Research team

Hu Yan 021 51666809

Hong Lu 021 51666814

Ning Ziwei 021 51666780

Qin Jingjing 021 51666828

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