[10.25 Lithium Express] Ministry of Transport: will vigorously promote the application of new energy vehicles in the transportation industry * Nanjing: priority will be given to new energy vehicles as vehicles engaged in ride-hailing operations

Published: Oct 25, 2019 10:10

[Ministry of Transport: will vigorously promote the application of new energy vehicles in the transportation industry] Wu Chungeng, spokesman for the Ministry of Transport, said at a regular news conference held on the same day. The Ministry of Transport will continue to vigorously promote the application of new energy vehicles in the transportation industry. We will further strengthen supervision over safety operations, speed up the improvement of relevant standards and norms, strengthen the promotion and pilot demonstration of experience, increase the popularization and application of new energy buses, and explore the application of new energy vehicles in the field of taxi and urban distribution. We will promote the in-depth development of green transportation construction.

Tesla Guanxuan Shanghai factory put into production! Recently, Tesla officially announced in the third quarter financial report that Tesla's second electric car production plant, Gigafactory 3, which is located in Lingang District of Shanghai, has been put into production, and the first domestic version of Model 3 has been launched. Tesla made a net profit of $143 million in the third quarter, down 54 per cent from a year earlier.

[Ministry of Transport: by the end of last year, about 1800 charging stations were put into operation in China's service areas] at a news conference held by the Ministry of Transport on the 24th, spokesman Wu Chungeng said that electric vehicles have become a major force in highway travel during the "National Day" holiday period. By the end of 2018, the country has put into operation about 1800 charging stations and 7500 charging piles in Beijing-Shanghai, Beijing-Harbin, Beijing-Hong Kong-Macao, Beijing-Kunming, Beijing-Taiwan, Shenhai, Changshen and Lianhuo expressways, thus ensuring the safe operation of electric vehicles. By the end of 2018, the total number of new energy vehicles in the transportation industry has exceeded 450000, and the Ministry of Transport's target of promoting and applying new energy vehicles in 2020 has been achieved ahead of schedule. Among them, the number of new energy buses has increased from 13000 in 2012 to 342000 in 2018.

[heavyweight! The Banking and Insurance Regulatory Commission shall issue a document to eliminate the chaos in the auto finance industry, such as automobile dealers, shall not operate auto consumption loan guarantee without approval! On October 23, the Bank of China Insurance Regulatory Commission (hereinafter referred to as the "China Banking and Insurance Regulatory Commission") issued a Circular on the issuance of Supplementary provisions on the Supervision and Administration of financing guarantee companies (hereinafter referred to as the "Circular"), which stipulates that the license management of financing guarantee business will be strictly standardized and the name of financing guarantee will be standardized and managed well. Kuang Zhicheng, a researcher in the auto finance industry and founder of the APP, said: combined with the "opinions on a number of issues in handling Criminal cases of illegal lending" and other documents recently promulgated and implemented by the state, such as "opinions on the Application of Law in handling Criminal cases of illegal lending," we can see that the state intends to strengthen the supervision of the financial industry. Let the ability to match the business, so that the ability and qualifications of the company to do risk control management. (first electric)

BYD E3 is a pure electric sedan based on the new e-platform. [BYD E3 is subsidized and sold 103800 times / extended 400km] BYD E3 is a three-compartment pure electric car based on the new e-platform. On October 24, we learned from BYD officials that the E3 was officially launched, with a total of three models, with a subsidized price of 10.38-119800 yuan. The new car offers two versions of its NEDC integrated range of 305km and 405km respectively.

[China Iron Tower plans to purchase retired LFP Battery PACK] recently, China Iron Tower Suining Branch issued a bidding notice for the selection of processing service projects for decommissioned lithium iron phosphate battery modules in 2019. Announcement shows that the proposed procurement of retired lithium iron phosphate battery module processing services, cell capacity 8MWH (that is, 8000000WH). The announcement said that the project is not divided into sections, the investment is expected to include tax amount of 680000 yuan.

Xu Jiayin: Evergrande aims to build 1 million new energy vehicles a year to be the largest in the world. Recently, the reporter learned that Xu Jiayin, chairman of the Evergrande Group, revealed in a speech at the quarterly working meeting that Evergrande's production of new energy vehicles will reach 1 million units a year, and in three to five years it will become the largest and most powerful new energy vehicle group in the world. In addition, it plans to upgrade its new energy batteries to world-class levels in about a year and a half. To this end, Evergrande plans to give 20 per cent equity incentive to the New Energy Science and Technology Research Institute, which is 6 billion yuan according to the initial investment of 30 billion yuan.

Nanjing: priority will be given to the selection of new energy vehicles as vehicles engaged in online ride-hailing. Recently, the Nanjing Municipal Bureau of Transportation issued on its official website the "Nanjing measures for the Administration of Network Taxi booking," which openly solicited opinions. In the future, vehicles engaged in ride-hailing in Nanjing will give priority to new energy vehicles, and at the same time put forward requirements for the mileage of pure electric vehicles.

SMM Cobalt Lithium small Metal Research team

Hong Lu 021-51666814

Qin Jingjing 021-51666828

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