[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 to learn 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

11 hours ago

Titanium Market Structure Becomes Clearer: Upstream Consolidates at Weak Levels, Midstream and Downstream Strength Expected [SMM Titanium Weekly Review]

[SMM Titanium Weekly Review: Titanium Dioxide Showed Signs of Recovery; Diverging Strength Across the Titanium Industry Chain Market This Week] This week, the titanium industry chain in China showed pronounced structural divergence, with the tug-of-war between sellers and buyers across upstream and downstream segments intensifying and cost pass-through facing obstacles. Overall, the sector was characterized by a combination of weak recovery and localized strong support. Trading in upstream titanium ore and titanium slag was sluggish. Downstream processing enterprises tightly controlled costs, with procurement consistently maintained at a pace driven by rigid demand. Coupled with inventory at high levels across the industry, the raw material end remained under pressure, enterprises’ willingness to operate stayed weak, capacity release was constrained, and the supply-demand imbalance continued to stand out. In the midstream titanium dioxide segment, pressure from elevated costs of raw materials and energy sharply increased production-side strain. Enterprises held prices firm and showed a strong willingness to sell, and while domestic trade demand did not see a noticeable increase in volume—relying only on rigid-demand support—overseas markets still demonstrated a certain degree of resilience, leaving the overall market running relatively strong. The downstream sponge titanium and titanium products segments performed impressively: sponge titanium inventories remained low, and, together with robust downstream restocking demand, top-tier enterprises proactively adjusted prices, with enterprises showing strong confidence in holding prices firm. The titanium products market saw stable supply and demand: the supply-side operating rate was steady, while demand-side differentiation was evident. Civilian applications were mainly driven by rigid-demand restocking, while orders in high-end fields such as aerospace and military industries were steady. The market recovered steadily, and differences in the pace across segments of the industry chain also set the tone for subsequent market dynamics.

11 hours ago

15 hours ago

Manganese-based Battery Materials: Differentiated Trends, Cost-Supported Stability

This week, China’s domestic manganese-based battery materials market has shown a differentiated operation trend. The price of battery-grade manganese tetroxide has slightly declined, the price of electrolytic manganese dioxide has slightly increased, and lithium manganate has maintained a weak balance of supply and demand.

15 hours ago

Manganese Sulfate: Sustained Rally on Cost Support & Firm Demand

In contrast to the typical price declines seen during the traditional spring festival low season from January to February in previous years, China’s domestic manganese sulfate market has recently staged an independent rally of “strong performance amid the off-season”, with prices rising steadily along the way.

15 hours ago