Ministry of Industry and Information Technology: production of 14.6 billion lithium-ion batteries from January to August 2021 | Tesla's market capitalization exceeds US $1 trillion

[Ministry of Industry and Information Technology: output of lithium-ion batteries increased by 14.6 billion from January to August of 2021 compared with the same period last year] the Ministry of Industry and Information Technology released the economic performance of the battery industry from January to August 2021. From January to August of 2021, among the main products of the national battery manufacturing industry, the output of lithium-ion batteries was 14.6 billion, an increase of 38.7 percent over the same period last year; the output of lead batteries was 155.187 million kilovolt-ampere, an increase of 18.7 percent over the same period last year; The output of primary batteries and primary battery packs (non-buckle type) was 27.57 billion, an increase of 7.2% over the same period last year.

[Tesla's share price soared 12.7% with a market capitalization of more than US $1 trillion] the US new energy automobile stock rose collectively last night, and Tesla's share price was particularly outstanding. By the close, Tesla's stock price had risen nearly 13%, and the stock price stood above the $1000 mark, with the total market capitalization breaking through the $1 trillion mark. The company reported record revenue and profits last week, including $3.113 billion in revenue in China in the third quarter, up 78.5 per cent from a year earlier. Tesla raised the prices of some Model X and Model S models. In addition, car rental giant Hertz has ordered 100000 Tesla cars for its fleet. Morgan Stanley raised its share price target to $1200 from $900.

[Ningde Times responded to "large-scale introduction of natural graphite": false news] in response to the report that "a brokerage Dianxin research team shows that leading companies in the lithium battery industry are importing natural graphite on a large scale, with thousands of tons of natural graphite used in October," the person in charge of Ningde Times responded: "the report said it was the Ningde era, and the company confirmed it was a fake."

[BYD battery price increase of no less than 20%? Insiders: verifying] in response to a BYD battery price increase contact letter circulated on the network, a BYD insider said: "it is being verified." The letter shows that the raw materials of lithium batteries continue to rise in 2021 due to market changes and superimposed power and production restrictions. According to the actual situation of the rise in the price of raw materials, it is decided to increase the unit price of battery products such as CO8M. Among them, the product including tax price is no less than 20% higher than the current Wh unit price. From November 1, 2021, all new orders will sign new contracts and implement new prices, and all outstanding old contract orders will be closed and cancelled by the system.

[Taiwan cement spends 12 billion to build the largest lithium battery factory in Taiwan to open in 2023] Taiwan mud layout energy industry has made great strides. Construction of the Xiaogang lithium battery factory in Kaohsiung began today, with an initial investment of NT $12 billion, and the plant is expected to open in 2023. At that time, it will produce nickel ternary batteries and target international high-end customers.

[Citic Securities: the impact of Yabao's production expansion on the lithium market in 2022 is limited] CITIC Securities Research News pointed out that the expansion of (Albemarle) production in the United States made the market worried about the longer-term supply and demand pattern of the lithium industry and lithium prices, but we judged that the impact on the lithium market in 2022 was limited. In the context of high lithium prices, enterprises that can improve profits quarter by quarter or gain upstream resources still have allocation value. Maintain lithium plate "stronger than the market" rating, focus on Ganfeng lithium industry, Shengxin lithium energy and salt lake shares, it is recommended to pay attention to Yongxing materials. Prior to this, Yabao announced that it had signed investment agreements with the Yangtze River International Chemical Industrial Park (Zhangjiagang City) and Pengshan Economic Development District (Meishan City). The two projects planned to invest 500 million US dollars and each planned 50,000 tons of lithium hydroxide production capacity. On October 25th, Australia's Mineral Resources announced that its joint venture with Yabao, MARBL, plans to restart production of the Australian Wodgina lithium mine, which will start producing lithium concentrate in the third quarter of 2022.