[10.22 Lithium Express] the National Development and Reform Commission (NDRC) is expected to accelerate the trade-in of new energy vehicles * the sales of new energy vehicles increased by 67.7% in September.

[Tesla: more radical structural changes to products and factories will be implemented in the next phase] Tesla's official Weibo post: the third quarter of 2020 is a record quarter on many levels. In the next phase, we will implement more radical architectural changes to products and factories to improve manufacturing costs and efficiency. At the same time, it is also expanding the scope of production and manufacturing to achieve self-production and self-supply in more areas.

[Anxin Securities: the National Development and Reform Commission signals that the replacement of old cars is expected to accelerate] Anxin Securities pointed out that with the introduction of the trade-in policy, the renewal of old cars is expected to accelerate. The trade-in policy to stimulate the consumption of new cars is expected to invigorate the second-hand car market. From the perspective of historical policy, the subsidy intensity of trade-in has a strong correlation with the positive degree of trade-in, and the frequent emergence of trade-in policy is expected to further stimulate the demand for trade-in.

[sales rose 86% in September compared with the same period last year, FAW Red Flag stirred up the national tide of the auto market] in the past September, China's auto market once again handed over a beautiful "report card", and car production and sales have increased for six months in a row. In the context of the global automobile industry suffering from the impact of the epidemic, the rapid recovery of China's auto market undoubtedly provides a "model" for the recovery of the global auto market.

[Q3 results to be released soon Wall Street expects Tesla to make a profit for the fifth consecutive quarter] Wall Street expects electric car maker Tesla to make a profit in the third quarter of this year, which means the company will be profitable for the fifth consecutive quarter. It is reported that Tesla will announce his results for the third quarter of 2020 after the close on October 21, local time, and Wall Street seems to be quite optimistic about the company's performance in this quarter.

[Ministry of Commerce: sales of new energy vehicles increased by 67.7% in September] head of the Consumer Promotion Department of the Ministry of Commerce: retail sales of cosmetics, gold and silver jewelry and cars increased by 13.7%, 13.1% and 11.2% respectively in September compared with the same period last year, and sales of new energy vehicles increased by 67.7%.

[the replacement policy of used cars is expected to further promote the recovery of the car market in the fourth quarter.] on October 20, National Development and Reform Commission spokesman Meng Wei said at a regular news conference that it will promote the transformation and upgrading of automobile consumption, promote the transformation of car purchase restrictions to guide the use of cars, encourage various localities to introduce policies to promote the replacement of old cars, and promote the construction of parking lots in major public buildings and the upgrading of roadside parking facilities. Soochow Securities pointed out that the domestic automobile market is gradually entering the stock game, and the replacement of old and new cars will become the main supporting point of future car sales in the long run. The government policy promotes the replacement process and has a considerable stimulating effect on the domestic automobile market. Continue to be bullish on the automotive sector, giving priority to the allocation of complete vehicles in the fourth quarter.

[national Development and Reform Commission Wu Wei: the development of the automobile industry chain should take the domestic unified big market cycle as the main body] on October 21, the "2020 China Automobile supply chain Conference" jointly sponsored by the China Association of Automobile Manufacturers and the people's Government of Xi'an was officially held. At the meeting, Wu Wei, director of the Industrial Development drivers' Machinery Office of the National Development and Reform Commission, said that ensuring the stability of the industrial chain and supply chain is one of the important measures of "six guarantees" put forward by the central government on the basis of "six stability" this year, and this measure is particularly important for the automobile industry. He said that the development of the automobile industry chain should take the domestic unified big market cycle as the main body, and should not be limited to a certain regional market.