Home / Metal News / [5.13 Lithium Express] Xinwanda Nanjing Power Battery Phase II Project will be trial-produced this year * Hedong Technology plans to spend US $50 million to acquire ENRC

[5.13 Lithium Express] Xinwanda Nanjing Power Battery Phase II Project will be trial-produced this year * Hedong Technology plans to spend US $50 million to acquire ENRC

iconMay 13, 2020 09:55
Source:SMM

[Xinwangda Nanjing Power Battery Phase II Project will invest a total of 10 billion yuan] on May 11, the reporter learned from Xinwanda that Wang Wei, chairman of Xinwanda, revealed when receiving the Suzhou party and government delegation that Xinwanda New Energy Co., Ltd. is mainly engaged in the research and development of power battery core, battery module and battery system. Its power battery project has a total investment of 13.5 billion yuan and a total production capacity of 30Gwha. It is Xin Wangda's first large-scale power battery production project outside South China, which created the "Lishui speed" of 10 billion class projects signed, built and put into production that year. The second phase of the project with a total investment of 10 billion yuan this year will also be completed for trial production, and the annual sales revenue is expected to exceed 5 billion yuan.

[planned capacity 12GWh Linuo New Energy Battery Project installation and debugging] recently, Hubei Linuo New Energy Technology Co., Ltd. (abbreviated as "Linuo New Energy"), a new plant project of Hubei Linuo New Energy Technology Co., Ltd., located in C Park of Shiyan Industrial New District, Hubei Province, has begun to install and debug the battery production line equipment for PACK2 commercial vehicles in the East District. It is understood that Hubei Linuo new energy battery project as early as May 2019 held a start ceremony, the project is divided into two phases of construction, with a total investment of more than 4 billion yuan. Among them, the first phase invests 1.5 billion yuan, which is planned to achieve the capacity scale of 2GWh/, and is expected to reach production in June 2020; the second phase invests 2.7 billion yuan, which is planned to achieve the capacity scale of 10GWh/, and is expected to reach production in March 2021.

Tesla sold more than a million electric cars. According to foreign media reports, Tesla most likely completed the delivery of its millionth electric car around mid-April this year. Foreign media judge that, on the one hand, Tesla sold about 990000 electric cars worldwide as of March 31; on the other hand, Tesla delivered 49000 Model 3 units worldwide in March, equivalent to more than 1600 units per day. According to this delivery schedule, Tesla can complete the delivery of 10, 000 vehicles in less than a week, even if affected by the epidemic, it will not take more than two weeks. That means Tesla has quietly become the first company in history to sell more than 1 million electric cars.

[Hedong Technology plans to pay US $50 million for ENRC, which has copper and cobalt resources in Zambia] Hedong Technology announced that it intends to buy a stake in ENRC (BVI) Limited100% held by Maolian (Hong Kong) International Trading Co., Ltd., a wholly owned subsidiary of Tianjin Maolian Technology Co., Ltd., for US $50 million in cash. Nkana Alloy smelting Co., Ltd., a subsidiary of ENRC (BVI) Limited, holds a "large mining license", known as 7071-HQ-LML, and has copper and cobalt resources in Zambia. The main products in the future are copper and cobalt, which still need some time to build, have not yet been produced, and have not been sold. The acquisition can speed up the company's strategic reserve of scarce cobalt resources and improve the strategic layout of lithium electric material plate "resource smelting + material + precursor".

[Ford partner Volkswagen will launch a new electric car] the Mustang Mach-E is the first all-electric car launched by the Ford Mustang family and is currently the most popular model besides Tesla. A few days ago, we learned from overseas media that Ford plans to launch another pure electric car in partnership with Volkswagen, following the Mach-E. In the endurance section, if the Volkswagen ID.3 powertrain is directly transplanted, the new car will offer three versions of the 45kWh, 58kWh and 77kWh models with a combined range of 330km, 420km and 550km, respectively.

[the National Grid will invest 2.7 billion yuan to build 570000 charging piles this year] at present, the State Grid Corporation has successively launched two batches of bidding related to charging piles this year, and it is estimated that 570000 new charging piles will be connected in 2020, with an investment of 2.7 billion yuan. In the near future, Southern Power Grid will arrange centralized charging stations in the Dawan area of Guangdong, Hong Kong and Macao, the Hainan Free Trade Zone and the key cities of Guangxi, Yunnan and Guizhou. It is planned to invest 25.1 billion yuan in the next four years to build charging facilities, 150 large-scale centralized charging stations and 380000 charging piles.

[Tesla forced return to work Musk ignored California local government ban: I would like to be arrested] despite opposition from the California local government, Elon Musk, chief executive of electric carmaker Tesla, announced on May 11 that Tesla had restarted production at its car manufacturing plant. He also said he was "willing to be arrested if necessary".

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