China Automobile Association predicts that the number of new energy vehicles in China will exceed 5 million in 2022. Ya Hua Group has issued two announcements on the layout of lithium ore and lithium power resources.

[Yahua Group: plans to subscribe for 9.5% of Australia's EV Co., Ltd. to jointly develop Lithium Resources] the company's wholly-owned subsidiary, Yahua International, intends to subscribe for 80 million shares of Australia EV Resources Co., Ltd. at a price of A $0.045 per share, accounting for 9.5% of the total share capital of EV, the company announced. The main purpose of this subscription for EV's equity interest is to jointly develop its existing lithium ore resources with EV.

[Yahua Group: Ya'an Lithium Industry plans to jointly invest 500 million yuan to set up a joint venture company with Xiamen Tungsten Xinneng and Cangya Investment] Yahua Group announcement, the company's wholly-owned subsidiary, Yahua Lithium Industry, plans to jointly invest with Xiamen Tungsten Xinneng and Cangya Investment to set up a joint venture company Ya'an Xiamen Tungsten New Energy Materials Co., Ltd. in the Economic and technological Development Zone of Ya'an City, Sichuan Province, to build an annual production line with an annual output of 100000 tons of lithium battery cathode materials. Engaged in product development, preparation and sales of lithium iron phosphate. The registered capital of the joint venture company is 500 million yuan, and Ya'an lithium industry contributes 50 million yuan, accounting for 10% of the registered capital of the joint venture company.

Xiamen tungsten industry: subordinate companies plan to build lithium-ion battery cathode material expansion project and lithium iron phosphate production line] Xiamen tungsten industry announcement, subordinate company Xiamen tungsten Xineng plans to invest 30000 tons of lithium-ion battery cathode material expansion project in Haiyang base construction workshop, with an investment amount of 990 million yuan; after the completion of the project, Xiamen tungsten Xineng Haiyang base will reach an annual production capacity of 70000 tons of lithium battery cathode materials. Xiamen Tungsten Xinneng plans to set up Ya'an Xiamen Tungsten New Energy Materials Co., Ltd. in Ya'an Economic and technological Development Zone, Sichuan Province, jointly with Yahua Lithium Industry and Cangya Investment, with an annual output of 100000 tons of lithium iron phosphate production line with an investment amount of 927 million yuan.

[Yongtai Technology: Ningde Times purchases lithium hexafluorophosphate, lithium difluorosulfonimide and ethylene carbonate products] Yongtai Technology said on the interactive platform that Ningde Times purchased lithium hexafluorophosphate, lithium difluorosulfonimide (LIFSI) and ethylene carbonate (VC) products from the company.

[Wachovia New Materials: subsidiary Anhui Meixin Lithium Battery Wet separator Project is less affected by the epidemic] Wachovia New Materials said on the interactive platform that the first and second production lines of the company's subsidiary Anhui Meixin Lithium Battery Wet separator project are currently in the stage of installation and commissioning, and plan to release all these two line capacity in the first quarter of next year. At present, the installation process is less affected by the epidemic.

[China Automobile Association predicts that China's new car sales will exceed 5 million in 2022.] China Automobile Association predicts that China's new car sales will reach 27.5 million in 2022, an increase of 5.4 percent over the same period last year. Of this total, passenger vehicle sales were 23 million, up 8 per cent from the same period last year; commercial vehicle sales were 4.5 million, down 6 per cent from the same period last year; and new energy vehicle sales would reach 5 million, up 47 per cent from the same period last year. "View details

Recommended reading:

"the shutdown of the epidemic has led to a decline in production! The price of cobalt salt has skyrocketed! [SMM analysis]

"New energy vehicle sales hit a new year's high in November, and new car-building forces ushered in a collective rise [SMM analysis]

Us New Energy Policy continues to improve production and sales of New Energy vehicles are expected to double this year and next year [SMM Analysis]

"this year, the cumulative sales of new energy vehicles reached 2.99 million electric cobalt and narrowed the price gap at home and abroad [minutes of SMM cobalt lithium morning meeting]

"the accumulative total loading of iron-lithium battery in the previous 11 months is close to 65GWH counterattack three-yuan counterattack to achieve a comprehensive counterattack [SMM analysis]

"the price of lithium iron phosphate rises to 94000 yuan per ton, and the global demand will reach 2 million tons in 2025 [SMM analysis]

[SMM Analysis] Global sales of new energy vehicles exceeded 4.6 million in the previous October, and the pure electric permeability has increased to 75%.

"another 200000 tons! Zhongwei Co., Ltd. plans to build an integrated production line of 200000 tons of iron phosphate-iron lithium [SMM analysis]

"the output of lithium iron phosphate materials increased by 14% in November. The demand for ternary materials recovered and the output increased by 10% [SMM data].

"Lithium prices soar and competition for lithium mines intensifies. Ganfeng Lithium Industry Announces New plans for overseas Lithium Mine acquisitions