[7.21 Lithium Express] Liuzhou Guoxuan battery production base officially laid the foundation * Ningde era power battery installed market share of nearly half

[Liuzhou Guoxuan battery production base officially laid the foundation for iron lithium soft package / annual 10GWh] on the morning of July 20, Guoxuan Hi-Tech announced that its eighth largest production base after Hefei, Lujiang, Jingkai, Qingdao, Tangshan, Nanjing and Nantong, the Liuzhou Guoxuan battery production base project has officially laid the foundation. On January 19th, Guoxuan Hi-Tech announced that it had signed the "Investment Agreement for the Project of Guoxuan Liuzhou Annual 10GWh Power Battery production Base" (hereinafter referred to as: agreement) with the Liuzhou Municipal people's Government and the Liudong New District Management Committee of Liuzhou City. According to the agreement, Guoxuan Hi-Tech will build an annual 10GWh power battery production base in Liudong New area, covering a total area of 400mu, including cell production workshop, power battery assembly (PACK) workshop, warehouse and other workshops and supporting facilities. The construction of the project will be divided into two phases, the first phase of the project will be completed and put into production within 15 months from the date of construction, and the second construction project will be started within 12 months from the date of commissioning of the first phase of the project.

[the installed capacity of power batteries in the first half of the year: nearly half of the market share in the Ningde era began to infiltrate the market] affected by the epidemic situation and other factors, the output of new energy vehicles in China was affected in the first half of 2020, and the installed capacity of power batteries decreased. In the first half of the year, China produced 102000 new energy vehicles, down 36.5 percent from the same period last year, and the installed capacity of power batteries was 17.5 GWH, down 41.8 percent from the same period last year. According to data from the Power Battery Industry Innovation Alliance, in the first half of 2020, the total loading of ternary batteries totaled 12615MWH, accounting for 72.2% of the total, down 40.9% from the same period last year; and lithium iron phosphate batteries totaled 4743.2MWH, accounting for 27.1% of the total, down 39.6% from the same period last year.

[more than 100 million yuan Beijing plans to allocate the second batch of subsidies for new energy vehicles] recently, the Beijing Municipal Bureau of Economic and Information Affairs announced that Beijing intends to allocate the second batch of financial subsidies for new energy vehicles in 2020, involving a total of 3231 new energy vehicles, with a planned allocation of 111.1212816 million yuan.

[the electrification action in the public service sector is expected to be implemented within this year, or it will boost the consumption of new energy vehicles] it is reported that the Ministry of Industry and Information Technology has formulated an Action Plan for promoting the electrification of vehicles in the public domain. According to reports, after full consultation, electrification in the field of public services is expected to be implemented within this year. Sun Hengzheng, a senior figure in the automobile industry, said that cars are used frequently in the public domain, and fuel consumption and pollution emissions account for a large proportion of all motor vehicles. Therefore, promoting the use of cars in the public domain to take the lead in realizing electrification is not only the need of the green development of the industry, but also can effectively promote the improvement of supporting infrastructure, promote the innovation of application mode, and play a great role in promoting the consumption of new energy vehicles.

Xiaopeng announced today that it has signed the C+ round financing involving Aspex, Coatue, Hillhouse Capital, Sequoia China and other well-known investment institutions, with a financing amount of nearly 500 million US dollars. The successful signing of the C+ round financing fully reflects investors' confidence in Xiaopeng's strategy, market positioning and its long-term vision as a leader in smart electric vehicles in China.

[ideal car is expected to officially land on Nasdaq with a short-term market capitalization of more than US $8 billion on July 31.] according to news, ideal Automobile plans to be officially listed on Nasdaq on the evening of July 31 under the stock symbol "LI", becoming the second domestic "new car-building force" to be listed in the United States after Weilai Automobile. If all goes well, ideal Motors will update Fmur1 document this week to announce the release range and fund-raising scale.

[GM plans to launch Chevrolet electric pickup: 400 miles] GM is developing a full-size Chevrolet pickup with a range of 400 miles, according to GM's sustainability report. this will be the brand's first full-size electric pickup truck.

SMM Cobalt Lithium small Metal Research team

Hu Yan 021 Murray 51666809

Qin Jingjing 021 Murray 51666828

Mei Wang Qin 021 Mui 51666759

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