[12.17 Lithium Express] Xiaopeng delivers the first batch of electric vehicles to Norway * Japan plans to double the subsidy for the purchase of electric vehicles

[Ministry of Industry and Information Technology: the list of enterprises for the comprehensive utilization of waste power batteries for new energy vehicles to be announced] in accordance with the normative conditions such as the access conditions for waste Iron and Steel processing Industry and the relevant measures for the management of public announcements, after expert examination and on-site verification, the list of enterprises (the second batch) that meet the industry standard conditions for the comprehensive utilization of waste power batteries for new energy vehicles (the second batch) will be publicized. Please supervise from all walks of life. "View details

[Tian Neng Co., Ltd. Chuangban IPO approved to register electric light vehicle power battery is the main source of income] recently, the CSRC approved the registration of Science and Technology Innovation Board IPO of Tianneng Battery Group Co., Ltd. (hereinafter referred to as "Tianneng Co., Ltd.") in accordance with legal procedures. According to the registration draft of Tianneng shares, IPO, Tianneng shares intend to raise about 3.6 billion yuan for green intelligent manufacturing technical renovation projects, high-energy power lithium battery cells and PACK projects, large-capacity and high-reliability start-up and shutdown battery construction projects, comprehensive digital support platform construction projects, national technology center innovation capability enhancement projects and supplementary liquidity. Of this total, 1 billion yuan will be used to supplement the company's liquidity, accounting for about 28%.

[slowly entering the European market Xiaopeng delivers the first electric cars to Norway] Xiaopeng, which has soared since its launch in the United States in August, delivered its products to Norway for the first time, marking the beginning of the Chinese company's entry into the European market. Guangzhou-based Xiaopeng has begun delivering the first 100 G3 SUVs to customers in Norway, where electric vehicles have a major market share. The model starts at 358000 kroner ($41000).

[estimated annual sales of 560000 Hyundai releases 2025 strategic planning] Hyundai recently released its "2025 Strategy" business plan. The company plans to gradually increase its sales of pure electric vehicles to 560000 a year by 2025 and account for 8-10 per cent of global (EV) sales of new energy vehicles.

[Japan plans to double the subsidy for the purchase of electric vehicles to a maximum of 800000 yen] the Japanese government plans to double the subsidy for the purchase of pure electric vehicles to a maximum of 800000 yen (about 50470 yuan). To promote the popularity of pure electric vehicles and reduce greenhouse gas emissions. Subsidies for plug-in hybrid cars will also double to 400000 yen. Together with subsidies provided by local governments, it means that subsidies for some models will be close to 1/3 of the price.

[Volkswagen will upgrade its largest factory to compete with Tesla's Berlin plant] Volkswagen CEO Herbert Deiss (Herbert Diess) told executives of the company that it would upgrade its domestic plant in Wolfsburg, Germany, with the latest electric vehicle technology and software operations to counter the new plant Tesla is building near Berlin, according to people familiar with the matter. The factory is the largest car manufacturing plant in the world, producing more than 800,000 cars a year. Deiss's goal is to get the Wolfsburg plant to meet Tesla CEO Elon Musk's goal of reducing production time per car to 10 hours, according to people familiar with the matter.