[5.21 Lithium Express] Cunninghamia lanceolata and BASF strong marriage successfully signed a contract to actively layout the positive electrode business of lithium-ion battery * California requires all electric ride-hailing in 2030.

[Cunninghamia lanceolata Co., Ltd.: the subsidiary intends to sell lithium carbonate, lithium hydroxide and other lithium related raw materials to related parties with an estimated amount of no more than 800 million yuan.] Cunninghamia lanceolata shares announcement, due to the needs of daily business operations, the company's subsidiary Ningbo Yongshan Lithium Industry Co., Ltd. and its subsidiaries plan to sell lithium carbonate, lithium hydroxide and other lithium related raw materials to the related party Shanshan Energy and its subsidiaries from June 2021 to May 2022. The sales amount is expected to be no more than 800 million yuan, and the sales price shall be determined by reference to the conditions of similar transactions of non-related parties.

[Ningde Times will supply batteries for Mercedes-Benz Electric trucks] Ningde Times official announced that batteries will be supplied to Mercedes-Benz eActros LongHaul long-distance electric trucks from 2024, and the two sides will jointly design and develop next-generation batteries and battery packs for adapting trucks. "

California requires all electric ride-hailing in 2030. On May 21, California's clean air regulator passed a regulation on Thursday requiring electric cars to be used for 90% of trips on Uber's (Uber) and Lyft ride-hailing platforms by 2030, the first state in the United States to introduce such regulations.

On May 20, 2021, BASF reached an agreement with Shanshan, a leading supplier of lithium battery materials serving the electric transportation and consumer electronics markets, to jointly form a joint venture controlled by BASF (BASF holding: 51%) in China. [Shanshan and BASF have successfully signed a contract to actively layout the positive electrode business of lithium-ion battery] on May 20, 2021, BASF and Shanshan, a leading supplier of lithium battery materials serving the electric transportation and consumer electronics markets, agreed to jointly form a joint venture company controlled by BASF in China. Cunninghamia lanceolata holding: 49%), producing cathode active material (CAM) and cathode material precursor (PCAM). After obtaining the relevant approval, the deal is expected to be formally completed by the end of this summer.

Luoyang Luanchuan Molybdenum Group Co., Ltd., the world's second-largest cobalt producer, has announced that it has launched a project called Re | Source, together with other mainstream manufacturers in the electric vehicle supply chain, with the goal of ensuring that all cobalt in the end product is obtained in a sustainable manner. The project aims to promote the traceability and responsible procurement of cobalt through blockchain technology, and to explore ways to solve the problem of traceability of raw materials from mines to electric vehicle batteries. According to reports, Re | Source was jointly launched by Luoyang Molybdenum (CMOC), Glencore (Glencore) and Eurasian Resource Group (ERG) in 2019, and Umico (Umicore) subsequently joined the project.

[development and Reform Commission: public announcement on soliciting opinions on the implementation of further improving the Service guarantee capacity of charging Infrastructure (draft for soliciting opinions)] according to the latest news on May 20, in order to support the development of the new energy vehicle industry, the National Development and Reform Commission has accelerated to enhance the service guarantee capacity of charging infrastructure. The organization drafted the implementation opinions on further improving the service guarantee capacity of rechargeable infrastructure (draft for soliciting opinions), and decided to solicit relevant opinions from the whole society from May 20, 2021 to June 20, 2021.