Beijing has about 400000 new energy vehicles in 2020 * Geely vehicles: cumulative sales of new energy and electrified models increased by 301.06 per cent in the first half of the year compared with the same period last year

Published: Jul 9, 2019 10:19

[Beijing has about 400000 new energy vehicles in 2020] the Beijing International Metropolitan Clean Air Action Forum opened in Beijing on the morning of July 8, 2019. Li Xiang, director of the Atmospheric Environment Department of the Municipal Bureau of Ecological Environment, said in the report that by 2017, the proportion of gasoline vehicles in Beijing will have reached 49 percent. In the future, we will vigorously promote the electrification of vehicles with emphasis on heavy diesel vehicles. We will simultaneously promote supporting policies and infrastructure construction, such as giving priority to road rights for new energy vehicles, and strictly inspect high-emission vehicles, which will be banned throughout the city this year. By the end of 2020, there will be about 400000 new energy vehicles in the city.

[Volkswagen and Ford work together on self-driving technology to share electric vehicle platforms with Ford] Ford and Volkswagen are reported to have finally reached an agreement to share electric and self-driving car technology. The two sides have been discussing this for more than half a year. The focus of this cooperation is on the sharing of technology and manufacturing platforms between the two sides. The MEB platform shared by Volkswagen with Ford is an electric vehicle development platform launched by Volkswagen in 2018. It is a modular platform for the manufacture of pure electric vehicles. It integrates all of Volkswagen's current electric technology and is the latest electric vehicle platform owned by Volkswagen. It is also used by Audi, Skoda and other brands. Volkswagen's board of supervisors will discuss deepening the alliance at a meeting on July 11.

[Jaguar Land Rover confirms that it will produce electric vehicles in the UK] it is reported that Jaguar Land Rover (TAMO.NS) has officially confirmed that it will bet millions of pounds on electric vehicles in the UK. Britain's largest carmaker says it will produce a range of electric vehicles this year at its (Castle Bromwich) plant in central England. The first car will be a purely electric version of the Jaguar XJ sedan. "the future of mobile travel belongs to electric vehicles. As a long-term company, we are committed to building the next generation of zero-emission cars in the UK. " Its chief executive, Ralph Spath (Prof Ralf Speth), said on July 5th. So far this year, the UK auto industry has been hit by layoffs, factory shutdowns and falling sales at home and Ford, driven by falling demand for diesel vehicles and uncertainty about Brexit. The news is a boost to the industry as a whole.

[Geely: cumulative sales of new energy and electrified models rose 301.06 per cent in the first half of the year compared with the same period last year] Geely reported June 2019 sales figures on July 8: 90875 vehicles in June, up 0.63 per cent from a month earlier. In the first half of the year, Geely sold a total of 652000 vehicles, ranking first in China in terms of passenger car sales. In the first half of the year, the cumulative export volume reached 38619 vehicles, an increase of 343.95 percent over the same period last year, and the cumulative sales of new energy and electrified models reached 57600 vehicles, an increase of 301.06 percent over the same period last year.

[Jianghuai Automobile will be fined 170 million yuan for emission fraud this year.] Jianghuai Automobile (600418.SH) recently issued a notice saying that the company has received a "decision on administrative punishment" issued by the Beijing Municipal Bureau of Ecological Environment. Because of the sale of vehicles that do not meet the standards as qualified vehicles for emission inspection, there is a "substandard" behavior. The Beijing Municipal Bureau of Ecological Environment fined Jianghuai Motor vehicles a total of more than 170 million yuan. Jianghuai Motor also said that the fine will be included in 2019 profit and loss, which means that the ticket will be reduced in 2019 net profit. This makes Jianghuai Motor, which lost a lot of money last year, this year's performance may again cast a shadow.

[Toyota Leiling and Camry PHEV powered battery lifetime warranty] recently, GAC Toyota released the "Battery worry-free Plan", so that from now until December 31, 2019, users who buy the all-new Lei Ling double engine and Camry dual engine can enjoy "unlimited life, unlimited mileage" battery life insurance on the basis of the battery "8 years or 200000 km warranty".

[nickel, copper and cobalt production at IGO's Nova mine exceeded its target in fiscal 2019] Independence Group (IGO) 's Nova nickel copper mine in Western Australia exceeded its annual production target in fiscal 2019, with nickel production of 30708 tons, copper production of 13693 tons and cobalt production of 1090 tons. The previous annual production target was 27000 to 30, 000 tons of nickel, 11000 to 12500 tons of copper and 850 to 950 tons of cobalt.

SMM Cobalt Lithium New Energy Research team

Hu Yan 021 51666809

Hong Lu 021 51666814

Ning Ziwei 021 51666780

Qin Jingjing 021 51666828

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