[4.29 Lithium Express] CITIC Construction Investment: strong demand for lithium materials, declining inventory is good for non-ferrous metal stocks * affected by chip shortage, three Honda factories in Japan will stop production for 5-6 days in May.

[Citic Construction Investment: strong demand for lithium materials and inventory decline is good for non-ferrous metal stocks] on April 29, Citic Construction Investment pointed out that in terms of supply, the shortage of lithium resources persisted, and demand led to the sustained growth of lithium salt production, accelerating the tight supply of lithium resources. on demand, sales of lithium hydroxide monohydrate in China increased by 136% and 130% year-on-year in 21 years and March, and 18% month-on-month in March. In inventory, China's lithium hydroxide single water inventory fell 18% and 46% in January and March compared with the same period last year, and 26% in March. It is recommended to pay attention to Rongjie shares, Ganfeng Lithium Industry, Shengxin Lithium Energy, Ya Hua Group and Tianqi Lithium Industry.

[the second-hand market of new energy vehicles is not as expected: the more discounted they are, the less they dare to be tempted] directly give a 50% discount, but no one is interested in this kind of cars! Dealers lost more than a hundred thousand yuan, consumers unexpectedly said: the more discounted, the more afraid to move …. No, no, no. In March this year, China sold 226000 new energy vehicles, a year-on-year increase of 2.4 times. New energy vehicle sales have repeatedly reached record highs. More and more people begin to accept new energy vehicles as a means of travel.

[news that LIfePo 75 degree battery pack will be launched in the fourth quarter of this year] on April 28th, it was reported that LIfePo will be launched. Several people familiar with the matter said that LIfePo will upgrade the existing 70 degree (kWh) battery pack. The new battery pack uses lithium iron phosphate battery, which is expected to reach a battery capacity of more than 75 degrees, and is scheduled to be released in the fourth quarter of this year.

[Ford expects chip shortages to halve second-quarter production] Ford reported strong first-quarter results on Wednesday, reporting a 10-year high in net profit, but expects chip shortages to halve its second-quarter production. The company expects the global chip shortage to ease by this summer, but may not be fully resolved until 2022.

Three Honda plants in Japan will stop production for 5-6 days in May due to chip shortages. A Honda spokesman said on Wednesday that production at three factories in Japan would be partially halted in May for up to six days due to short chips. Honda will suspend production at two factories in Saitama prefecture for six days and Suzuki city in Sanzhong prefecture for five days. The spokesman said the shutdown was due to a shortage of chips due to a number of factors. At present, the number or models affected has not been disclosed.

[travel Association: passenger car retail increased 12% year on year in the first three weeks of April this year] passenger car retail sales reached an average of 40000 vehicles per day in the first three weeks of April this year, with a slight increase of 12% over 2020 and 3% over 2019. At present, it should be not much different from the environment in 2019, the overall economic environment is also stable and good, and residents' consumption enthusiasm does not have much adverse impact.