Hainan Provincial Government recently issued a notice on "temporary measures to promote Automobile consumption in Hainan Province." [10,000 yuan per vehicle reward Hainan New Energy vehicle New deal] A few days ago, the Hainan provincial government issued a notice on "temporary measures to promote Automobile consumption in Hainan Province." The circular pointed out that in order to encourage the consumption of new energy vehicles, consumers who buy new energy vehicles will be given a comprehensive reward of 10,000 yuan as of December 31, 2020. Recently, Hainan Province issued the "temporary measures to promote Automobile consumption in Hainan Province" (hereinafter referred to as "measures") involving three aspects: encouraging new energy vehicle consumption, adjusting overdue targets and optimizing automobile consumption environment.
[long-term Lithium Division intends to register division Chuangban to raise more than 2.7 billion funds] on May 6, Hunan long-term Lithium Technology Co., Ltd.'s application for listing on the board was accepted by the Shanghai Stock Exchange. The company intends to raise 2.718 billion yuan. Long-term Like's main product, ternary cathode materials, is mainly used in the field of new energy vehicle power batteries. Minmetals directly holds 22.88% of the company's equity, indirectly holds 22.88% of the company's equity, and holds a total of 45.76% of the company's controlling shareholder. Among them, the first phase of the project to expand the production of lithium battery cathode materials for automotive batteries will invest 1.918 billion yuan and will build an annual production line of 40, 000 tons of lithium battery cathode materials for vehicles.
[Chery new energy vehicle sales rose 112.5 per cent month-on-month in April] Chery Holdings Group sales report showed that the group sold 40079 vehicles in April, an increase of 15.4 per cent from the previous month. Among them, the domestic market rebounded rapidly. Chery's domestic sales increased by 30.3% month-on-month, and new energy sales increased by 112.5% month-on-month. Overseas exports overcame the adverse effects of the spread of the global epidemic and achieved new breakthroughs through phased and flexible strategies. Chery car exports increased by 67.5% from January to April compared with the same period last year.
[BYD enters European electric passenger car market Don EV600 goes on sale in Norway this year] BYD accelerated its plan to enter the European car market, announcing that it will launch the Don EV600 electric SUV, later in 2020 in the Norwegian market, which is most friendly to electric cars in continental Europe, becoming BYD's first passenger car officially launched in Europe. In addition, BYD will then launch a range of electric light commercial vehicles and electric trucks for the European market, including a van, a yard tractor and two 7.5-ton and 19-ton integral frame trucks.
[Tesla Shanghai plant shutdown or shortage of overseas parts] it is reported that the Tesla Shanghai plant has not started on schedule on the 6th since its holiday on May 1, and the shutdown will continue until the 9th. "at present, only part of the process is still being maintained, but the final assembly line has not been started, and it is expected that the whole vehicle will not be offline until the 9th." According to a Tesla insider. When it comes to the reasons for the shutdown, a number of Tesla employees and industry personages revealed that "at least part of the reason is the supply of overseas parts." This is almost the first time that the outbreak has clearly affected the operation of Tesla's Chinese factories since the outbreak overseas.
[Geely sold more than 100000 vehicles in April and achieved its annual target of 1.41 million vehicles by 22%] on the evening of May 6, Geely Automobile Holdings Co., Ltd. (HK.00175) released its April 2020 sales figures. Geely sold 105468 vehicles in April, up 44 per cent from a month earlier and 2 per cent from a year earlier, according to the data. So far, Geely's total new car sales from January to April this year were 311495, down 34% from a year earlier, and 22% of its annual sales target of 1.41 million vehicles has been completed. Sales V-shaped rebound, market share rose steadily, Geely car market share in the first quarter of 7.2%.
[Ningde era's first marine ship power battery system successfully launched] recently, China's first maritime dangerous goods emergency command ship "Shenhai 01" was successfully launched in Guangzhou. This is the first marine official ship in China to use lithium batteries as a hybrid propulsion power. It will be responsible for safety supervision, oil spill monitoring, atmospheric monitoring and accident emergency tasks in Shenzhen waters, effectively ensuring the safe operation of Shenzhen Port. "Deep Sea 01" is carrying the Ningde era of lithium-ion power battery system, the launch also marks the Ningde era of the first marine ship power battery system successfully offline.
SMM Cobalt Lithium small Metal Research team
Hu Yan 021 Murray 51666809
Qin Jingjing 021-51666828
Mei Wangqin 021-51666759
Huo Yuan 021-51666898
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