Guotai Junan: the third lithium price increase has been brewing and started. Britain plans to build 145000 new electric vehicle charging stations each year in the next 10 years.

[Guotai Junan Securities: the third lithium price increase has been brewing and launched] Guotai Junan Securities released the latest research report, pointing out that short-term lithium supply and demand will continue to be tight, lithium prices may remain strong, and the concentrate end is more certain. Last week, the price of lithium concentrate was $2110 / ton, up $240 / ton from the previous week. The power limit of Q4 is gradually loosening, and the production of cathode materials continues to increase. In particular, the production and demand of lithium iron phosphate are in full swing, and the demand for lithium carbonate is further increasing. Before this period of time, the procurement pace is slow, and the inventory level of the manufacturers in the middle and lower reaches is already low. For some small and medium-sized material manufacturers, the inventory level is even less than a week, which is completely lower than the safety inventory limit. The end of the year is approaching, approaching the centralized inventory cycle, last week it was obvious that the purchasing mood of manufacturers increased and the frequency of inquiry increased. Since last week, the third price increase of lithium has been brewing and started, and the price of lithium carbonate will take the lead to rise. Last week, the price of battery-grade lithium carbonate was 19.7-200000 yuan / ton, up 2000 yuan / ton from the previous week, according to SMM.

[bank of China Cashmere Industry: plans to acquire 100% equity of Xinruiheng to build 80,000 tons of lithium battery cathode material lithium phosphate project] Zhongyin Cashmere Industry announcement, it is proposed to sign an "equity transfer agreement" with Sichuan Xinruiheng Lithium Energy Technology Co., Ltd. and its shareholder Chongxin Xinda. Chongxin Cinda transferred its 100% stake in Xinruiheng to the company at a price of 0 yuan. And plans to take Xin Ruiheng as the main investor to invest in the construction of a lithium phosphate project with an annual output of 80, 000 tons of lithium battery cathode material, with an estimated total investment of 2 billion yuan.

[honeycomb Energy second-generation L600 short blades will be available next year with super-185wh/kg energy density] Honeycomb Energy Chairman and CEO Yang Hongxin said that the second-generation L600 short blades Lithium Iron Phosphate of Honeycomb Energy has been developed and is expected to be mass produced by Q3 in 2022. It is reported that the specification of the second generation short blade lithium iron phosphate cell of Honeycomb Energy is the same as that of the first generation, but the monomer capacity is increased to 196Ah, the energy density is more than 185whip kg, and the volume energy density is higher than 430wh/L. In addition, a reporter from Science and Technology Innovation Board Daily learned that Honeycomb Energy is currently planning a new lithium iron phosphate battery project with an energy density of more than 180wh/kg.

[Chuanfa Dragon Python: plans to build 200000 tons / year New Energy material Project] Chuanfa Dragon Python announced that the company signed an "Investment Agreement" with the Management Committee of Deyang-Aba Ecological Economic Industrial Park. It is proposed to build a 200000-ton / year new energy material project in Dea Industrial Park, including 200000 tons of lithium iron phosphate and 200000 tons of iron phosphate production line.

British Prime Minister Boris Johnson will unveil plans on Monday to significantly expand Britain's electric vehicle charging network over the next decade to meet the government's goal of banning the sale of new gasoline and diesel cars by 2030. The plan aims to add 145000 new charging stations a year by 2030, on top of the 250000 charging stations already installed in homes and workplaces in the UK.

[Ford and Rivian abandon plans to jointly develop electric vehicles] Ford and electric car maker Rivian confirmed on Friday that the two companies had abandoned plans to jointly develop electric vehicles. The two companies initially announced a joint development of an electric car, and Ford invested $500m in Rivian in 2019. The two companies later said they would jointly develop the first all-electric model of Ford's luxury brand Lincoln, which was cancelled last year. Ford said at the time that the two carmakers would still seek other opportunities for cooperation. These plans have now been cancelled and Ford retains ties with Rivian, including a 12 percent stake in the company, a Ford spokesman said.