[lithium Express] Federation of passengers: sales of new energy vehicles in 2020 may be close to 2.7 million * ideal One ranks first on the list of new energy SUV vehicles in November.

[Federation of passengers: sales of new energy vehicles for the whole year of 2020 should be close to 2.7 million vehicles] the Federation issued a paper pointing out that due to the influence of factors such as policy environment and epidemic situation in 2020, China's new energy vehicle market has declined in the world, and Europe has obviously surpassed it. Sales of new energy vehicles were 1.98 million from January to October 2020, an increase of 18% over the same period in 2019. Sales of new energy vehicles in 2020 should be close to 2.7 million. China's new energy vehicle market gradually recovered from July to October, but there is strong support for new energy policies in Europe and the United States under the influence of overseas epidemics. China accounted for 44 percent of the world's new energy vehicles in October, slightly lower than the 2019 level.

[BAIC Blue Valley: subsidiary BAIC New Energy sold 1754 vehicles in November] BAIC Blue Valley announced that BAIC New Energy sold 1754 vehicles in November, compared with 7005 in the same period last year. Cumulative sales in the first November were 24877, down 78.18% from a year earlier.

[Volkswagen Group increases its Electric vehicle and Digital Investment] despite the uncertainty brought about by the novel coronavirus crisis, Volkswagen Group still hopes to keep its investment stable in the next five years. The board of supervisors decided that by 2025 (inclusive), half of the group's total planned expenditure (about 150 billion ou yuan) would be spent on investment in future technologies such as driven alternatives and digitization. 73 billion ou yuan is used for the research of electric vehicles, hybrid technologies and software, of which the funds for electric vehicles are increased by 2 billion ou yuan to 35 billion ou yuan compared with the plan in 2019, while the digital funds are doubled to 27 billion ou yuan. The group's investment plan is based on the assumption of "moderate growth" in the world economy and its most important markets over the next five years. In addition, Volkswagen will further simplify procedures and eliminate less popular models. Joint ventures in China are not included in the cost calculation.

[Volkswagen has solved ID.3 software problems will continue to be delivered to European customers] Volkswagen has solved software problems faced by the all-electric ID.3 MEB platform, which delayed the launch of the all-electric hatchback. A Volkswagen spokesman said the company was ready to start delivering full-featured ID.3 to European customers.

[ideal ONE ranks first in the ranking of new energy SUV vehicle sales in November 2020] according to Sinochem data terminal retail data, ideal ONE sales ranked first with 4676 new energy SUV vehicle sales in November 2020; BYD Tang DM ranked second with 2729 vehicles; and Lulai ES6 ranked fourth with 2375 vehicles. In the ranking of large-scale SUV sales of new energy from January to November 2020, ideal ONE sales ranked first with 26836 vehicles; Lulai ES8 sales ranked second with 8804 vehicles; and Tesla Model X ranked fourth with 4589 vehicles sold.

[Renault's cumulative global sales of 95985 electric vehicles this year increased by 80 per cent year on year] as a pioneer in the field of electric vehicles, Renault has always been a leader in the European electric vehicle market. By the end of November 2020, Renault had sold a total of 95985 electric vehicles worldwide this year, an increase of 80% over the same period last year, which fully shows that the Renault electric car series perfectly meets the diversified needs of the current market. The third-generation Renault ZOE, launched in 2019, uses a new design, adds the latest features, and has become a benchmark in the areas of battery life, versatility and efficiency. Renault ZOE, Europe's best-selling electric passenger car, sold more than 84000 vehicles from January to November 2020, almost double the number sold in the same period in 2019.