[4.15 Lithium Express] the 331st batch of new cars announced that models such as BAIC Magna ARCFOX/ Audi Q2L e-tron have been selected * covering 24 provinces and building new 78000 charging piles on the national power grid.

Published: Apr 15, 2020 09:23 (GMT+8)

[the 331st batch of new cars was announced, and 306 new energy models such as BAIC Magna ARCFOX/ Audi Q2L e-tron were selected.] on April 14, the Ministry of Industry and Information Technology announced the declaration of the 331st batch of "Road Motor vehicle Manufacturing Enterprises and products notice" on the official website. Among them, there are 306 models of 101 enterprises that declare new energy vehicle products, including 294 models of pure electric products, 3 enterprises of plug-in hybrid power products and 4 models of fuel cell products.

[Renault unveiled a new strategy in China to drive the green travel fuel passenger car business out of China] on April 14, Renault unveiled a new strategy in the Chinese market. At the heart of the new strategy are two pillars of business-electric vehicles and light commercial vehicles. As for the traditional fuel vehicle business, Renault Group has reached a preliminary agreement with Dongfeng Motor Group Co., Ltd., the transfer of Renault Group shares in Dongfeng Renault Motor Co., Ltd., to Dongfeng Motor Group Co., Ltd. According to the announcement issued by Dongfeng Automobile, due to the decline of the domestic automobile market and the operating conditions of Dongfeng Renault, shareholders plan to restructure Dongfeng Renault. Through consultation between Dongfeng Motor Group and Renault, a memorandum without restrictions was signed and a preliminary intention was reached. Renault intends to transfer 50% of its stake in Dongfeng Renault to Dongfeng Motor Group, and Dongfeng Renault will stop its Renault brand related business activities.

[covering 24 provinces state grid new 78000 charging piles] under the new infrastructure tuyere, the charging pile industry has become a capital sha "battlefield". On April 14, the State Grid held a video conference in Beijing and announced that it would start a new round of charging pile construction: it plans to invest 2.7 billion yuan and add 78000 new charging piles in 2020. These new projects are distributed in Beijing, Tianjin, Hebei, Shanghai, Jiangsu, Hunan, Qinghai and other 24 provinces (cities), covering public, special, logistics, sanitation, community and port shore power and other types. Among the 78000 charging piles, there are 53000 charging piles in residential areas, 18000 public charging piles, 7000 special charging piles and 150 shore power facilities. It is estimated that this round of investment will boost the consumption of new energy vehicles by 20 billion yuan.

[the world's largest fuel cell manufacturing base is scheduled to be completed and put into production in Laixi, Qingdao by the end of this year] the FCP China-Germany hydrogen Power Industrial Park project is stepping up its sprint in order to strive for early completion and commissioning. It is understood that the project is committed to building a large-scale national fuel cell manufacturing, efforts to promote fuel cell application demonstration, as well as efforts to build a national key project into a hydrogen economy. According to Ji Yutao, chairman of the FCP China-Germany hydrogen Power Industrial Park, the FCP China-Germany hydrogen Power Industry Park has a total investment of 4 billion yuan and achieved mass production in 2021.

Six battery manufacturers, including Ningde Times, LG Chemical, Samsung SDI, Vision AESC and SKI, and Panasonic-Tesla, have met their "Global Power Battery I manufacturer (Tier 1)" standard, according to a report released by (Benchmark Mineral Intelligence) (, the benchmark mining intelligence agency, which is a UK battery raw materials consultancy. [Ningde Times / Vision AESC shortlisted Benchmark "Global first Class Battery manufacturer"). Benchmark is the first overseas research institution to focus on the lithium-ion battery supply chain, and its Lithiumion Battery Megafactory Assessment (lithium battery super factory evaluation has been widely recognized by the mainstream car companies in Europe and the United States because of its professionalism and independence, and has a high reference value in the industry.

[Musk: Tesla Battery Day will focus on battery discussions rather than new technology releases] Tesla CEO Elon Musk announced on Twitter that the company's upcoming event will focus on batteries rather than power systems. The announcements are expected to be released on Tesla's Power Systems and Battery Investor Day, just like last year's Autopilot Day, Tesla said. It plans to update investors live on the company's latest developments in power systems and battery technology.

[Volkswagen Electric vehicle delivery time confirmation ID. First see this year put into production in China] recently, the media exposed a group of Volkswagen ID family new pure electric car latest news, the ID.3 1ST model will officially start delivery in the Spanish market in the second quarter of this year, ID.4 pure electric SUV will soon be put into production in overseas factories, and will be officially unveiled in the second quarter of next year (depending on the time of the overseas quarter). In the domestic market, Volkswagen has a new ID. First sight (overseas market Volkswagen ID.4 model) will be domestic in FAW-Volkswagen this year, and is expected to go on sale next year. In terms of endurance, FAW-Volkswagen EIA data show that ID. At first sight, two versions of high and low endurance are provided, and the endurance mileage under NEDC condition is 480km and 350km respectively.

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

 

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
[SMM News] Solis starts lithium drilling at Campo Grande
21 hours ago
[SMM News] Solis starts lithium drilling at Campo Grande
Read More
[SMM News] Solis starts lithium drilling at Campo Grande
[SMM News] Solis starts lithium drilling at Campo Grande
Solis Minerals has started diamond drilling at its Campo Grande Lithium Project in Brazil's Araçuaí-Salinas Lithium Valley. The company plans five holes totalling about 1,000 m, with planned depths of up to 200 m, to test lithium pegmatites across a 500 m corridor. The targets rest on coincident multi-element geochemical anomalies at surface and on historical auger drilling results. Historical work by Rio Tinto and later mapping and geochemical work by Solis defined the targets. Solis has also mapped a new pegmatite swarm of three coherent outcrop zones between planned holes DHCG-001 and DHCG-004. The program will test the continuity, geometry and lithium potential of the pegmatites beneath surface, starting where mapped pegmatites coincide with geochemical anomalies. Solis says Campo Grande's geology and geochemistry are comparable to PLS Group's Colina Lithium Project, about 100 km to the southwest. Separately, Solis has completed seven drill holes at its Mandacaru Lithium Project in Brazil, with assay results pending.
21 hours ago
[SMM News] Charger re-commences drilling at Medcalf lithium deposit
21 hours ago
[SMM News] Charger re-commences drilling at Medcalf lithium deposit
Read More
[SMM News] Charger re-commences drilling at Medcalf lithium deposit
[SMM News] Charger re-commences drilling at Medcalf lithium deposit
Charger Metals has mobilized a second drill rig to its Lake Johnston Lithium Project in Western Australia as part of a 10,000 m program targeting resource growth. Diamond and reverse circulation rigs are now operating at the Medcalf lithium deposit, and RC drilling began just over a week ago. The program will double the meters drilled at Medcalf. The drilling targets extensions and infill at the Medcalf inferred mineral resource estimate of 10.6 Mt grading 1% Li₂O. Drilling has further defined the Medcalf West Exploration Target of 3-5 Mt at 1-1.4% Li₂O. The program also aims to provide diamond core for metallurgical and geotechnical test work. Following the recent Medcalf resource upgrade, which raised contained Li₂O by 34%, Charger's board has committed to a Scoping Study on the Lake Johnston Project. The current resource sits on a predominantly 40 m x 80 m drilling grid, including 10,936 m of drilling at a cost of $32 per tone of contained Li₂O. The program is fully funded from Charger's sale of the Bynoe Lithium Project to Core Lithium for $3.75 million cash, received on 17 July 2026. Lake Johnston lies 450 km east of Perth in the Yilgarn Province, about 70 km from the Earl Grey Lithium Project, where Covalent Lithium began mining and commissioning in March 2024.
21 hours ago
[SMM News] Savannah raised over $40 million to develop the Portuguese lithium project
21 hours ago
[SMM News] Savannah raised over $40 million to develop the Portuguese lithium project
Read More
[SMM News] Savannah raised over $40 million to develop the Portuguese lithium project
[SMM News] Savannah raised over $40 million to develop the Portuguese lithium project
On September 23(rd), Savannah Resources raised US$30 million for its Barroso Lithium Project in Portugal, via 408 million shares at £0.055/share, including US$11.2 million from subscription agreements with major shareholders. Combined with US$15.5 million cash on hand, funds go toward long lead item fabrication, access road works, EPCM contracting, plant engineering, permitting, and land use rights. Barroso's July 2026 phase one DFS outlined a 14-year mine life at 183,000 t/y lithium oxide, 5.5% grade, based on US$1,788/t pricing yielding US$3.2 billion EBITDA, US$1.9 billion free cash flow, and US$913 million post-tax NPV. The deposit holds 39 million tones at 1.05% Li2O for 411,900 tones contained, Europe's largest hard-rock spodumene resource. The funding advances one of the few large-scale hard-rock lithium sources under development outside China linked African and South American supply chains, feeding EU critical raw material diversification targets.
21 hours ago