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[10.24 Lithium Express] Tianqi Lithium's net profit fell 91.74% in the first three quarters * Great Wall Research and Development of New solid State batteries
Oct 24,2019 10:16CST
The content below was translated by Tencent automatically for reference.

[Tianqi Lithium Industry released results in the first three quarters of the net profit fell 91.74%] on October 23, Tianqi Lithium Industry released the third quarter report of 2019, the company achieved operating income of 3.797 billion yuan from January to September 2019, down 20.21% from the same period last year. The non-ferrous smelting and processing industry has disclosed that the average operating income growth rate of individual stocks for the three quarters is 8.26%. The net profit belonging to the shareholders of listed companies was 139 million yuan, down 91.74% from the same period last year. The non-ferrous smelting and processing industry has reported an average net profit growth rate of-25.82% for each of the three quarters, and the company's earnings per share was 0.12 yuan. At the same time, the company released the 2019 full year results forecast, 2019-01-01 to 2019-1231 performance: net profit of 80 million yuan to 120 million yuan, down 96.36% to 94.55%, the same period last year results: net profit 2.2001122 billion yuan;

[great Wall R & D new solid-state battery energy density doubled mileage] Great Wall holding Group Honeycomb Energy took the lead in the development of quaternary cathode material, and based on this material released the world's first quaternary material cell, taking into account both energy density and safety. The quaternary materials developed by honeycomb energy can achieve better heat resistance, less gas production and higher safety by doping Mx, on the basis of NCM system (nickel, cobalt and manganese). The power battery has higher capacity, longer life and better safety. Great Wall's Euler brand currently uses a battery energy density of 160Whkg, and the new solid-state battery being developed will exceed the energy density of 300Wh/kg.

[Putian New Energy 55% of the shares were listed unattended for half a year] Putian New Energy, which has a large scale in the charging market, has failed to "sell" its 55% stake after listing on the Beijing property Exchange for as long as half a year. October 21 was the deadline for disclosure of its listed trading information, but Nortel information showed that the deal had not been completed. "so far, no one has been delisted. The project had been promoted before, and there had been several prospective investors, but none of them ended up with a deal. After today, the project will enter the delayed listing phase, the price will remain unchanged. " The person in charge of the project entrusting agency of the Beijing property Exchange said.

Lexus announced at the 2019 Tokyo Motor Show that it plans to launch its first all-electric model in November 2019 and will accelerate the development of HEV, PHEV, EV and fuel cell models. In addition, Lexus will further expand its electrified product lineup and launch Lexus's first PHEV and EV proprietary platforms in the next three to five years. It is expected that by 2025, all Lexus models will be available in electrified versions, and electrified models will outsell traditional power models.

[the price of the first version of Polestar 2 is reduced to 418000 yuan] in terms of power, the car is equipped with a front and rear dual motor four-wheel drive system, the maximum power is 300kW (408Ps), the peak torque is 660Nm, and the 0-100km acceleration time is 4.7s. The power battery is a battery pack with the capacity of 78kWh (72kWh), which is composed of 324 batteries. The comprehensive mileage of the vehicle can reach 500km under the condition of WLTP.

[Tesla Shanghai factory starts trial production of the first batch of cars will be sold to employees] according to foreign media, Tesla has begun trial production in a $2 billion Chinese plant and will sell the first batch of cars from the factory to employees. Tesla won the certification needed to make cars in China last week. Analysts say uncertainty about labor and suppliers will be a challenge for mass production.

[BMW CEO Zipps made it clear: it will not stop production of i3 pure electric cars] according to (Frankfurter Allgemeine Zeitung), German newspaper Frankfurt News, BMW CEO Oliver Zipps (OliverZipse) said in an exclusive interview that the i3 model will not stop production, will continue to exist, and will continue to improve, including upgrading the battery pack again.

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