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[10.29 Lithium Express] 27th purchase tax Free New Energy vehicle catalogue released * BYD and Itochu reached cooperation
Oct 29,2019 10:09CST
The content below was translated by Tencent automatically for reference.

[ES8/ Chuanqi AION LX/ Audi E Chuang / Mercedes-Benz E 300eL and other 463 models were selected] on October 25, the Ministry of Industry and Information Technology released the catalogue of New Energy vehicles exempted from vehicle purchase tax (27th batch). A total of 463 new energy models were selected. Among them, pure electric passenger vehicles, including FAW Pentium B30EV400, Dongfeng EV30, SAIC General MENLO, BAIC New Energy EU5, Naxi N01, Weimar EX5400, Weilai ES8, BYD E3, Guangqi Chuanqi AION LX, Audi E Chuang, and so on. Plug-in hybrid passenger vehicles, including FAW Volkswagen MAGOTAN GTE, SAIC Volkswagen PASSAT PHEV, Beijing Mercedes-Benz E 300 eL, BMW X1 plug-in hybrid, BMW 5-Series plug-in hybrid, BYD Teng X, Volvo XC90 T8 LFBAGD3 and so on.

[LG Chemical Q3's net profit plunged 60 per cent and batteries turned into profits] thanks to a sharp increase in power battery sales, LG's chemical battery business turned a profit in the third quarter. LG Chemical said its third-quarter net profit was down 60.4 per cent from a year earlier because of weak global demand for petrochemicals and falling profit margins.

Samsung SDI has signed a multi-year supply agreement with Yumeike, which will supply Samsung SDI with a total of 80000 metric tons of NCM materials, starting in 2020, according to a report on the 80, 000-ton NCM purchase agreement between Samsung SDI and Yumeike.

[BYD and Itochu reach a partnership to reuse flying car batteries] Japanese trading firm Itochu (Itochu) will form a partnership with Chinese electric vehicle maker BYD, the two sides will form a joint venture to store renewable energy with car batteries, and hope to form a global business by 2020

[investing 11 billion yuan in the Great Wall car Pinghu vehicle Project] on October 26, the opening ceremony of the Great Wall car Pinghu vehicle project was held in Pinghu City, Zhejiang Province. The project has a total investment of about 11 billion yuan, covers a total area of about 1200 mu, and plans to produce 100000 vehicles a year. The project integrates production, research and development, covering the vehicle production base and Pinghu R & D center, after the completion of the main production of Great Wall Automobile Harvard brand and new energy products.

On October 27, the 10th anniversary of the Zhuzhou base of BAIC Group and the disembarkation ceremony of the millionth vehicle were held at its second factory. Zhuzhou Base is the first foreign manufacturing base of BAIC Group. It is reported that in November 2010, Zhuzhou Base of BAIC Group obtained the traditional fuel vehicle production qualification, ending the history of no production qualification in the independent business section of BAIC Group. In 2011, BAIC Zhuzhou Base once again won the new energy vehicle production qualification, which means that Zhuzhou Base has become a manufacturing base for the development of traditional fuel vehicles and new energy vehicles under BAIC Group.

[pre-sale 70-830000 Audi e-tron on November 18] A few days ago, we learned from relevant sources that Audi e-tron will be available on November 18. The new car has been on pre-sale, with a total of four models, with a pre-selling price range of 70-830000 yuan. It is understood that the new car is Audi's first electric medium-sized SUV, based on the electric vehicle platform, the mileage exceeds the 400km.

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