[LG Chemistry, Samsung SDI, SK innovative Power Battery installation soared: Ningde Times No. 1 was surpassed] recently, the latest survey released by SNE Research, a South Korean new energy market analysis company, shows that the total installed capacity of global power batteries decreased by 16.8% from January to July 2020 compared with the same period last year, but the growth momentum of the three major South Korean companies, LG Chemistry, Samsung SDI and SK Innovation, is still rapid. By the end of July, LG Chemical ranked first with a market share of 26.8 per cent, continuing to lead Chinese power battery supplier Ningde Times (25.4 per cent) and widening the gap with Japanese supplier Panasonic (13 per cent).

[Ministry of Industry and Information Technology: national production of 3.741 million electric bicycles increased by 49.5% year on year in July] the official website of the Ministry of Industry and Information Technology released on September 3 the operation of the bicycle industry from January to July 2020 according to data from the China Light Industry Information Center. Data show that in July, the national production of two-wheeled bicycles was 4.498 million, an increase of 32.1 percent over the same period last year, and that of electric bicycles was 3.741 million, an increase of 49.5 percent over the same period last year.

[finding another way for Tesla to enter the European Electric Energy Market] as CEO of Tesla, Elon Musk (Elon Musk) seems to have opened up a new front in the battle for the supremacy of electric vehicles in Europe: providing electric support for electric vehicles.

[3965 vehicles delivered in August increased by 104.1% compared with the same period last year] on Sept. 3, Ulai released delivery data for August 2020. 3965 cars were delivered in August, up 104.1 per cent from a year earlier. The delivery includes 2840 ES6's 5-seat high-performance advanced smart electric SUV and 1125 ES8 (the company's 6-seat and 7-seat flagship high-end smart electric SUV). By August 31, 2020, a total of 53580 ES8 and ES6 vehicles had been delivered, of which 21667 were delivered in 2020. "View details

[Weima sales rose 143% in August compared with the same period last year to achieve six consecutive increases] as the global car market gradually shakes off the impact of the epidemic, the new energy vehicle market ushered in the "rainbow after rain." The "number one smart car" Weima car continued its strong growth momentum, with sales reaching 2057 units in August, an increase of 143% over the same period last year, achieving "six consecutive increases" compared with the previous month, once again setting a new monthly sales record for the year! Since the launch of delivery in September 2018, its first intelligent pure electric SUV Weima EX5 continues to be the top seller of single model in the new force of car building. "View details

[Geely Science and Technology Innovation Board listing application accepted to raise more than 20 billion of the main business] on September 1, the Shanghai Stock Exchange accepted Geely Science and Technology Innovation Board's listing application. This time, IPO, Geely plans to issue no more than 1.732 billion shares and raise 20 billion yuan, of which 8 billion will be used for product research and development of new models, 3 billion for forward-looking technology research and development, 3 billion for industrial acquisitions, and 6 billion for supplementary liquidity. "View details

[USD1.73 billion] on Sept. 3, Xilai announced the completion of 101.775 million new ADS shares, including 13.275 million shares that the underwriter chose to issue in excess, at a price of US $17 per share. Based on this calculation, the total financing of Xilai Motor reached 1.73 billion US dollars.

"2020 (second) China Automotive New Materials Application Summit Forum"

It was solemnly held in Shanghai from September 17 to 18.

During the reform period of the "four modernizations of the automobile", intelligent network connection, new energy, lightweight and intelligent manufacturing entered the field of the automobile industry, and the automobile era was reinterpreted. The surging changes require the industry to continue to integrate and innovate, and quickly promote the development rate of automobile enterprises. With the emergence of self-driving and intelligent cars, Internet companies, which are not active in the automotive field, have more opportunities to show their talents; the double points policy is becoming an important driving force for the development of China's new energy vehicle industry; in the face of environmental constraints, car companies speed up the application of advanced lightweight components and technologies to achieve vehicle weight loss. With the continuous promotion of the strategies of "Industrial 4.0" and "made in China 2025", intelligent manufacturing has become a new challenge of upgrading and transformation.

Under the guidance of the Shanghai Economic and Informatization Commission and the Shanghai Federation of Industrial economy, in order to accelerate the application of automobile lightweight and product lines, the Shanghai Nonferrous Metals Industry Association, together with Shanghai Automotive Engineering Society, Suzhou Die casting Technology Association and Shanghai Nonferrous Network, jointly held the "2020 (second) China Automotive New Materials Application Summit Forum". Jointly discuss material solutions, co-casting automobile industry chain green development closed loop, and strive to build an excellent communication and cooperation platform for the whole automobile industry chain, and lead the creation of advanced automobile industry clusters.

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