[4.9 Lithium Power Express] Ministry of Industry and Information Technology: new Energy vehicle Industry Development Plan (2021-2035) is about to be released and implemented * Hainan: the province plans to promote 10,000 new energy vehicles this year

Published: Apr 9, 2020 09:49

Save

[Ministry of Industry and Information Technology: new Energy vehicle Industry Development Plan (2021-2035) is about to be released and implemented] on April 7, Wan Gang, vice chairman of the CPPCC National Committee, China Association for Science and Technology, and chairman of the Planning and Advisory Committee, presided over an advisory committee meeting on "New Energy vehicle Industry Development Plan (2021-2035)" in Beijing. Xin Guobin, vice minister of industry and information technology, attended the meeting and introduced the compilation of the "Plan" and the development of the new energy automobile industry.

[Hainan: the province plans to promote 10,000 new energy vehicles this year] in order to promote the construction of the national ecological civilization experimental area, the General Office of the provincial government recently issued the 2020 Action Plan for the Promotion of Clean Energy vehicles in Hainan Province (hereinafter referred to as the "Plan"). Among them, the province plans to promote 10,000 new energy vehicles this year.

According to media reports, BMW Group released sales figures for the first quarter of 2020 showed that in the first quarter of this year, the group delivered 477111 BMW, MINI and Rolls-Royce cars to customers, down 20.6 percent from the same period last year. Of this total, electric vehicle sales were 30692, up 13.9 per cent from a year earlier.

[BYD sales Express for March: new energy vehicle sales fell 59.25% from a year earlier] BYD's overall sales fell in March as a result of the outbreak. Cumulative sales in March were 30599, down 34.65 per cent from a year earlier, while sales of new energy vehicles fell 59.2 per cent to 12256 in March from a year earlier.

[Tesla Battery Day in April may push Maxwell dry electrode Technology] on April 8, a former Maxwell executive who was heavily acquired by Tesla revealed exclusively that Tesla may host Maxwell's dry electrode technology on Tesla Battery Day in mid-April to reduce battery costs while increasing energy density and mileage. The former executive also said it was "not a problem" for New Zeus, a multi-year partner of Maxwell, to continue supplying Tesla.

[Zhongheng Electric 200 million yuan investment] on April 7, Hello Travel announced that Fujian Ningde Zhixiang Infinity Technology Co., Ltd., a tripartite joint venture with Ningde Times and Ant Financial Services, has received 200 million yuan investment from 002364.SZ, a listed company. Zhongheng Electric said: through this investment, will deepen the cooperation with Hello Travel in the research and development of smart product technology. At present, the Hello power change has been operating in a number of cities.

[win he Technology: the net profit of newly signed Lithium Power orders exceeded 1 billion yuan in the first quarter increased 140%] A few days ago, win he Science and Technology disclosed its forecast for the first quarter of 2020. The company expects the net profit attributable to shareholders of listed companies from January to March 2020 to be 150 million yuan to 170 million yuan, an increase of 112.12% to 140.41% over the same period last year. It is understood that win he Technology is the first enterprise in the industry to launch the whole line of lithium battery intelligent production line, providing customers with a complete set of solutions such as automated production layout, process realization, power assistance, environmental control, and so on. Fully meet customer automation, information, intelligent customization needs. At present, Wonghe Technology has successfully implemented more than 20 whole line schemes. In addition to the introduction of lithium battery intelligent line solutions, win he Technology is also constantly strengthening the market competitiveness of stand-alone equipment.

SMM Cobalt Lithium small Metal Research team

Hu Yan 021-51666809

Qin Jingjing 021-51666828

Mei Wangqin 021-51666759

Huo Yuan 021-51666898

Wuyang 021-51666818

Scan QR code, apply to join SMM metal communication group, please indicate company + name + main business

Cars batteries cobalt lithium new energy

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

12 hours ago

[SMM News] Core Lithium's Finniss Restart Reaches a Key Milestone

On September 8, Core Lithium announced that its Finniss Lithium Project in Australia’s Northern Territory had produced its first spodumene concentrate from the recommissioned processing plant. The milestone was achieved around six months after the company made the final investment decision (FID) to restart Finniss in March 2026 and was in line with its target for the September quarter. Mining at the Grants open pit resumed in May, followed by the restart of crushing operations in August, while the processing plant is currently undergoing commissioning and optimisation. According to Core Lithium, upgrades to the processing plant are expected to improve mineral liberation and recovery rates while increasing processing capacity by approximately 20% to 1.2 million tonnes per annum. The company continues to target the first shipment of newly produced spodumene concentrate in the fourth quarter of 2026, while development of the BP33 underground mine is also progressing.

12 hours ago

[Li-battery: CALB signs deal for Hefei research institute, to recruit over 2,000 R&D staff]

CALB signed a cooperation agreement with the Changfeng county government on Sept 8, officially landing its Hefei research institute. The project includes pilot lines, R&D labs and testing centers for lithium batteries and related products. CALB chairwoman Liu Jingyu said the institute will build a full-chain innovation loop from R&D to pilot verification to product testing, with over 2,000 R&D staff to be recruited. CALB's Hefei base phases I and II are in production, phase III is about to start and phase IV is under construction; at full capacity it will become CALB's largest production base in China.

12 hours ago

SMM Daily Review: Spot lithium carbonate prices drifted lower on September 9

Today, SMM battery-grade lithium carbonate spot prices drifted lower compared with the previous working day. The lithium carbonate 2701 contract opened lower today at 142,900 yuan/mt, then quickly dipped after the open, hitting a low near 140,600 yuan/mt, before consolidating and rebounding. In early trading, bulls gained momentum and prices shot up to an intraday high of 144,400 yuan/mt, before encountering selling pressure from bears and pulling back below the average price line. Around midday, bulls and bears tussled repeatedly in the 140,000-142,000 yuan range, with prices moving sideways around the average price line. In the afternoon, the market was in a stalemate between bulls and bears, and prices fluctuated slightly in late trading, closing near 142,000 yuan/mt. The contract ultimately settled down 0.69% at 142,000 yuan/mt, with open interest increasing by 6,860 lots. In the spot market, downstream buyers maintained a dip-buying procurement pace, but some material plants were more cautious, pressing their acceptable purchase prices below 140,000 yuan/mt. Upstream lithium chemical plants continued to hold back from selling spot orders and held prices firm, with limited release of low-priced cargoes. Price disagreements between sellers and buyers persisted, while market inquiries were relatively active, and actual transactions were mainly driven by rigid demand.

12 hours ago