Home / Metal News / Minor Metals / BYD raises 1 billion yuan to invest in power battery project * LG Chemical is considering building a second electric vehicle battery factory in the United States.
BYD raises 1 billion yuan to invest in power battery project * LG Chemical is considering building a second electric vehicle battery factory in the United States.
Jul 12,2019 09:55CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

[BYD raises 1 billion yuan to invest in the power battery project] recently, BYD issued the first issue of BYD Co., Ltd. green bond listing notice in 2019, which will issue a total of 1 billion yuan of green bonds. In terms of raising funds, BYD said that for the construction part of the project, it mainly plans to invest in a number of new energy vehicles and parts, batteries and battery materials, urban cloud tracks and other green industry projects built by BYD. Among them, 50% of the raised funds are intended to be used for the energy-type power battery production project of Baotou Biadi Mine vehicle Co., Ltd., the annual 4.5GWh power battery assembly project of Taiyuan BYD Automobile Co., Ltd., and the annual 10GWh power battery production project of Xi'an Zhongdi Lithium Battery Co., Ltd., the remaining 50% of the raised funds are intended to be used to supplement the liquidity of the company.

[China Association of Automobile Industries: as of June, the number of charging piles in China has exceeded 1 million] according to the statistics of the China charging Union, as of June 2019, the number of charging piles in China has exceeded 1 million, including more than 410000 public charging piles and more than 590000 private charging piles. The vehicle-to-pile ratio has reached 3.5 / 1, and the development of charging infrastructure has basically kept pace with the development of new energy vehicles. From the perspective of the subdivision of public charging piles, in the past year, the number of public charging piles in China has increased by 140000, an average of 11700 per month.

[a total of 3553 new vehicles were delivered in the second quarter of 2019] on July 10, Weilai announced delivery data for the second quarter of 2019, with a total of 3553 new vehicles delivered in the second quarter of 2019. Of these, the largest number of new cars were delivered in June, with a total of 1340 vehicles delivered by Weilai ES8 and 413 vehicles delivered by Weilai ES6.

[the price of BYD Song Pro EV is 17.98-219800 yuan after subsidy] on July 11, Song Pro EV officially went on sale. The new car is positioned as the compact SUV, to provide a total of four model configurations, namely, the high power version comfort type, the high power version luxury type, the high power version honorable type, the high power high endurance version flagship type, after the subsidy, the price is 17.98-219800 yuan.

[BMW's sales of new energy vehicles rose nearly 40% in the first half of the year] recently, the BMW Group released sales data for the first half of 2019. BMW Group delivered a total of 350070 new BMW and MINI vehicles in the Chinese market in the first half of this year, up 16.8 per cent from a year earlier, according to data. In the new energy vehicle market, sales of BMW new energy vehicles increased by nearly 40% in the first half of the year. According to BMW Group's plan, a new BMW 8-Series family will be launched in the third quarter of this year, ending in a "luxurious year."

LG Chemical is considering building a second electric vehicle battery plant in the United States, according to three people familiar with the matter. LG Chemical, a South Korean electric car battery maker, is considering building a second plant in the United States to speed up capacity expansion to meet the growing global demand for new energy vehicles, according to three people familiar with the matter. LG Chemical is one of the world's leading manufacturers of electric vehicle batteries, with customers such as General Motors and Volkswagen. The company currently operates an electric car battery factory in Michigan and has production bases in South Korea, China and Poland. LG Chemical is considering investing about Won2,000bn ($1.7 billion) in a new plant, which is expected to start production in 2022, according to one of the people familiar with the matter. The location of the new plant is likely to be one of the sites in Kentucky and Tennessee, and a final decision is expected by the end of this month.

[Tesla plans to increase production in China and California] Jerome Gulian, president of Tesla's automotive business, wrote in an email on Tuesday (July 9, local time): "Tesla is preparing to expand production at the Fremont plant in California. Although we are unable to elaborate in this email, I know you will be pleased with the upcoming new development of the factory. " Over the past year, Elon Musk, chief executive of Tesla, has announced several rounds of layoffs, but Jerome Gulian is now telling employees that Tesla is hiring. "as we continue to expand production, please tell your friends or neighbors that Tesla has many exciting new jobs open for recruitment, both at the Fremont factory and at the superfactory in Nevada," he wrote in an email. "

[16.98-213800 SAIC Chase EG50 listed] a few days ago, SAIC Chase EG50 officially announced its guiding price, with a range of 16.98-213800 yuan. As a pure electric version of SAIC Chase G50, the modeling details of the new car are slightly adjusted compared with the fuel version, and the NEDC range is 350km.

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