[3.24 Lithium Express] clearance of lithium minerals leads to tight supply and rising quotation of lithium carbonate. * 100 million Lithium can set up a joint venture to focus on the production of high-quality lithium iron phosphate.

[us auto parts giant expects nearly half of its revenue to come from electric vehicles in 2030] US auto parts giant BergWarner (BorgWarner) said on Tuesday that it aims to increase the share of revenue from electric vehicles to about 45 per cent by 2030, up from less than 3 per cent today. "We believe that electrification opportunities are real, huge, short-term and important to our sustainability goals," said Frederic Lissalde, the company's chief executive.

According to statistics, up to the end of February this year, 13 investment and financing businesses have taken place in the field of new energy vehicles in China, mainly including targeted additional issuance, the introduction of strategic investment and listing financing, involving many brands such as BYD, Evergrande Automobile, Zero car, Co-Chuang Automobile, Faraday Future, and so on.

[Yiwei LiNeng: set up a joint venture with German Nano to focus on the production of low-cost and high-quality lithium iron phosphate] Yiwei LiNeng said that it will set up a joint venture with German Nano, which will focus on the production of low-cost and high-quality lithium iron phosphate. and give priority to supply to the company and its subsidiaries. The total investment of the joint venture project is 2 billion yuan and the annual production capacity is 100000 tons.

[Goldman Sachs expects the price of raw materials to rise by 18%.] analysts at Goldman Sachs said in a recent report that the increase in demand for electric vehicle batteries will lead to a surge in the price of major raw materials. this, in turn, raises battery prices by about 18%, affecting the total profits of electric vehicle manufacturers, which currently account for about 20% to 40% of the cost of electric vehicles.

[00559.HK plans to acquire advanced power battery business for high-end passenger cars from 00763.HK] Detai New Energy Group (00559.HK) announced that it plans to acquire a 100% stake in ZTE High Energy Technology Co., Ltd. from 00763.HK on March 23, 2021.

[lithium mineral clearing leads to tight supply of lithium carbonate] March 23, according to SMM data, the average price of battery-grade lithium carbonate rose again by 1500 yuan per ton on March 23 to a new high of 87000 yuan per ton this year, up 12% from last month. At present, the shortage of lithium supply in Australia has not been alleviated, and the cost-side support is significant. Guoxin Securities believes that this round of lithium carbonate market is driven by demand, and then it is expected to stack Australian spodumene mine production capacity clear, raw material spodumene prices start to promote lithium carbonate and lithium hydroxide price resonance, the industry boom is expected to continue to improve. The production line of battery-grade lithium carbonate with an annual output of 20,000 tons by a subsidiary of Ya Hua Group has been put into production; Yongxing Materials will have an annual production capacity of 10,000 tons of battery-grade lithium carbonate projects.