LG Chemical plans to produce batteries for Tesla in South Korea * BYD Tang changes blade batteries: a big increase in battery life

[Ministry of Industry and Information Technology: lithium-ion battery production fell 1.2% from January to May compared with the same period last year] on July 3, the Consumer goods Industry Department of the Ministry of Industry and Information Technology released the operation of the battery industry from January to May 2020. In terms of production, from January to May 2020, among the main products of the national battery manufacturing industry, the output of lithium-ion batteries was 5.51 billion, down 1.2 percent from the same period last year. In May, the national output of lithium-ion batteries reached 1.45 billion, an increase of 14.1% over the same period last year.

[LG Chemical plans to produce batteries for Tesla in South Korea] on July 3, a person familiar with the matter said that the market demand for Intezra vehicles has expanded, increasing battery orders, and South Korea's LG Chemical Company began producing car batteries for it at its local factory in South Korea this year. "Tesla is selling very well, so Tesla is asking not only LG Chemical, but also other suppliers to increase supply," the person said. Another person familiar with the matter also said that LG Chemical is converting some of South Korea's local production capacity to Tesla batteries, and its factory in Nanjing, China, has begun producing batteries for Tesla.

Solve the problem of electric vehicle spontaneous combustion! With the arrival of the blade battery, more of BYD's models will also be replaced with this battery. The blade battery is not only safer, but also has better discharge performance. A few days ago, we got the configuration information of the 2021 BYD Tang EV. As an annual revamped model, the new car has been upgraded and optimized in addition to the configuration. The 2021 Tang EV will eliminate the ternary lithium battery of the current model and use the same blade battery as the Han Chun electric version, and the mileage of the two-wheel drive version will also be greatly increased by 45km.

[Tesla electric pickup truck Chinese market opens three versions / deposit 1000 yuan] A few days ago, according to Tesla's Chinese website, Tesla electric pickup Cybertruck has been opened to the Chinese market, offering a total deposit of 1000 yuan for all three CyberTruck, models, plus a fully self-driving FSD function at a price of 64000 yuan.

[Changan New Energy CS55 pure electric version went on sale on July 9th! 605km] A few days ago, we learned from Changan New Energy official that the pure electric version of the new Changan New Energy CS55 will be officially launched on July 9, and the new car is located at the pure electric compact SUV, to launch a total of two battery-life versions, with NEDC comprehensive mileage of 403km and 605km respectively. Five models are expected to be launched, and the pre-price of the new car is 16.49-205900 yuan. Previously, we once called the car Changan CS55 EmurRock. We do not know whether the formal naming of the new car will be adopted after the launch, and we also maintain high expectations.

[Anhui Province issued new regulations to support the innovation and development of new energy vehicles] according to reports, Anhui Province recently issued the "implementation rules for further strengthening the technological Innovation Project and Fund Management of the New Energy vehicle and Intelligent Network Automobile Industry." The detailed rules for implementation make it clear that the technological innovation project of the new energy vehicle and intelligent network connection automobile industry will give the undertaking unit a subsidy of up to 50% of the input, and the subsidy for a single project shall be up to 30 million yuan. The Development and Reform Commission of the city where the project is located is the daily supervision unit of the new energy vehicle and intelligent network automobile innovation project, and the project unit bears the main responsibility of the project. The Development and Reform Commission of the city where the project is located shall sign an agreement on the supervision and use of funds with the project unit.

[Jianghuai Automobile Holdings plans to transfer 8.08% of its shares to Anhui State Control Group for free] Jianghuai Automobile issued a notice saying that in order to promote the capital increase of Anhui Jianghuai Automobile Group Holdings Co., Ltd. (hereinafter referred to as "JAC"), it was introduced into Volkswagen (China) Investment Co., Ltd., on the premise of not changing Jianghuai Automobile's controlling shareholder status and the actual control of Anhui SASAC. JAC plans to transfer its 153 million shares (about 8.08 per cent of JAC's total share capital) to Anhui State-owned Capital Operation holding Group Co., Ltd.

[Musk: the utilization rate of Tesla super-charging piles in North America has reached its pre-epidemic peak] Tesla CEO Musk said on social media that the (Supercharger) utilization rate of Tesla super-charging piles in North America has reached its pre-epidemic peak (pre-covid high).

SMM Cobalt Lithium small Metal Research team

Hu Yan 021 Murray 51666809

Qin Jingjing 021 Murray 51666828

Mei Wang Qin 021 Mui 51666759

Huo Yuan 021 Murray 51666898

Click to register: "2020 (Fifth) China International Nickel, Cobalt and Lithium Summit Forum"

Scan the code to sign up for the Ni-Co-Li Summit or apply to join the SMM industry exchange group: