[China International Capital Corporation: cut the forecast for annual sales of new energy vehicles to 120-1.3 million units] China International Capital Corporation pointed out on the 22nd that since July, sales of new energy vehicles have fallen for three consecutive months from the same period last year, with a decline of 4.7% 15.8% and 34.2%, showing an expanding trend and falling more than expected. Cut its forecast for full-year new energy sales to about 120-1.3 million units, roughly the same as in 2018. China International Capital Corporation believes that the reasons for the decline in new energy vehicle sales include: 1) technological development and market cultivation are not achieved overnight, individual consumers have a weak willingness to buy, and there is a large gap in operating vehicles in the second half of the year; 2) Guangzhou and Shenzhen fuel vehicle license plates have been liberalized, and new energy sales have slowed down even faster.
[Beijing launched New Energy vehicle Promotion Festival] in order to further cultivate the consumption demand of new energy vehicles and stimulate the potential of consumption upgrading, the 2019 Beijing New Energy vehicle Promotion Festival sponsored by the Beijing Municipal Bureau of Commerce was launched throughout the city from now to November 10. During the festival, dozens of hot-selling new energy models will be unveiled and offer varying degrees of concessions.
[Haining State Capital participates in Chery Capital increase and share expansion to seek the settlement of New Energy production Base] the listing time of Chery Automobile Capital increase and share expansion Project will end on November 7. At present, two companies have delivered the intention gold. They are Tengxing Yangtze River Delta (Haining) equity investment partnership (limited partnership) and Qingdao Wudaokou new energy automobile industry fund (limited partnership). "the high probability will be to flourish the Yangtze River Delta." On the 21st, an insider at Chery said.
[Greenmei signed a Memorandum of understanding with Korea ECOPRO for steadily promoting Battery Recycling Strategy] in order to promote strategic cooperation with Korea Posco and Korea ECOPRO Co., Ltd in the field of echelon utilization and recycling of new energy vehicle batteries, on October 21, 2019, Greenmei signed a memorandum of understanding with the Korean Posco Municipal Government and ECOPRO on the promotion of new energy vehicle battery echelon utilization and recycling project, according to the principle of trust and integrity.
[well-off shares restarted Dongfeng well-off reorganization purchase price "shrunk" nearly 1 billion yuan] on October 19, well-off shares issued a "announcement on the proposed major adjustment of the company's share purchase plan." the company intends to issue shares to buy 50 per cent of Dongfeng well-off shares held by Dongfeng Motor Group. Information shows that after the completion of the acquisition, Dongfeng Xiaokang will become a wholly owned subsidiary of well-off shares, and Dongfeng Motor Company will no longer hold any shares in Dongfeng Xiaokang. Behind the reduction of the trading price is the decline in the overall evaluation of Dongfeng by both sides of the transaction. According to the announcement, Dongfeng Xiaokang 100% equity valuation before the adjustment is 9.659 billion yuan, while the adjusted estimated value is 7.7 billion yuan, and the valuation has shrunk by 1.959 billion yuan within three months.
[two mileage BYD E3 will go on sale on October 23] BYD e-series model BYD E3 will go on sale on October 23, BYD officials have learned. According to previous information, the new car not only has high and low power versions, but will also launch two continuous versions, with a range of 405 km for the long version and 305km for the short version.
[BMW reduced iNext's integrated range to 579km] according to previous official reports, BMW's iNEXT is expected to reach 700km. However, a BMW executive interviewed by foreign media recently revealed that the carmaker's actual target for iNEXT's integrated mileage under WLTP standards is 360mph (579km).
[Haishida spent 1 billion yuan to add four fully automatic production lines for lithium-ion batteries] the power technology company has a total investment of 1 billion yuan, 100 mu of construction land, and four new automatic production lines for lithium-ion batteries, mainly providing power sources for new energy electric vehicles, medium-and high-end power tools, electric motorcycles and household appliances. In the year of production, the production capacity of 2GWh high specific energy high safety power lithium ion batteries and power systems will be formed. After reaching production, it can increase annual sales income by 2 billion yuan (excluding tax) and provide more than 500 jobs. "View details
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