[Jiangsu Tafel New Energy Phase II and Phase III 6GWh Power Battery Project started ceremoniously] Phase II and Phase III Power Battery Project of Jiangsu Tafel New Energy Technology Co., Ltd. started on May 17, 2020. the project is located in Nanjing Jiangning Development Zone, with a total land area of 234.7 mu and a total investment of about 3 billion. The project will be put into production in two stages, of which the second phase of 3GWh is scheduled to be put into production in June 2021. The third phase of 3GWh is scheduled to be put into production in December 2021. Jiangsu Tafel New Energy Technology Co., Ltd. has the original power battery production capacity of 4GWh. After the second and third phase of the project is officially put into production, Tafel will have the power battery production capacity of 10GWh at that time.

[the first 200PPM high-speed 21700 lithium battery product in China] on May 14, at Anhui Taineng New Energy Battery production Base in Anhui Maanshan Economic and technological Development Zone, Anhui Taineng 10GWH Lithium Battery Project Phase I 2GWH was officially completed and put into production. This means that China's first 200PPM high-speed 21700 cylindrical lithium battery product is offline. The birth of a 21700 battery of the same class as Tesla. The target market of Anhui Taineng is divided into new energy vehicle market, two-wheel electric vehicle, smart home appliance and other small power market and energy storage market, in which the new energy vehicle market adopts 21700-5.0Ah high nickel products applied by the company's vehicle regulation power application, and the small power market adopts the company's cost-effective 21700-4.0Ah ternary products. The energy storage market adopts 21700-3.0Ah lithium iron phosphate products, which realizes the application of different structural levels of high, middle and low end from the market structure.

Panasonic announced the resumption of battery production at its Tesla Nevada plant. Panasonic reportedly announced on Friday local time that it would resume battery production at its giant Tesla plant on the outskirts of Reno, Nevada. but the company will not restart operations at Tesla's solar panel plant in Buffalo, New York, as planned this weekend.

[BYD pure electric bus first appeared in Madrid to help local bus electrification] BYD delivered 15 12-meter pure electric buses to (EMT), the core public transport operator in the Spanish capital. This batch of buses will replace the traditional fuel buses and be put into operation on the busy No. 52 bus line in the center of Madrid.

[Tesla will use low-cost, long-life batteries in domestic Model 3] it is reported that Tesla will use a low-cost, long-life battery in domestic Model 3 later this year or early next year, which is expected to push the price of electric vehicles further down to the same level as fuel vehicles. In addition, the new battery can be reused in the power grid.

[energy density 400 Whhand kg! The world's first lithium-sulfur battery plant opens and starts to produce 5 million yuan per year in 2023.] OXIS Energy from the United Kingdom recently announced that it will work with CODEMGE, a development company in the state of Minas Gerais, to build the world's first lithium-sulfur battery plant in Brazil. The two companies recently leased a factory owned by Mercedes-Benz in Ruisdifora, Minas Gerais state in southeastern Brazil, and plan to start production by 2023 with an investment of US $50 million. According to OXIS Energy's plan, the first phase is to lease about 20000 square meters of land to produce 5 million lithium-sulfur batteries per year, with a total annual capacity of no more than a few hundred megawatt hours. Positive electrodes and electrolytes for lithium-sulfur batteries will be supplied from the UK. The new Kenfield Hill plant near Port Talbot, South Wales, UK, scheduled to start production in 2021, will initially support 500000 batteries per year. The energy density of OXIS lithium-sulfur batteries is very high, reaching more than 400 Wh/kg. Target applications include aviation, defense, heavy electric vehicles, light commercial vehicles and large ships.

[Tesla's million-mile battery experimental material may be ternary material NCM523 and artificial graphite] it is reported that Tesla plans to jointly develop a new battery with Ningde Times later this year or early next year, with a lifetime mileage goal of 1 million miles.

SMM Cobalt Lithium small Metal Research team

Hu Yan 021 Murray 51666809

Qin Jingjing 021 Murray 51666828

Mei Wang Qin 021 Mui 51666759

Huo Yuan 021 Murray 51666898

Wu Yang 021 51666818

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