[4.14 Lithium Express] the National standing Committee said that no new car purchase restrictions should be added in various places. Ye Shengji of the China Automobile Association warned against the mismatch between supply and demand in the industry chain

[Fengyuan shares: first quarter net profit is expected to increase by 295.23% Mui 336.83%] Fengyuan shares announced that the company expects to achieve a net profit of 38 million yuan to 42 million yuan in the first quarter, an increase of 295.23% Mui 336.83% over the same period last year. During the reporting period, benefiting from the historic development opportunity of the new energy industry, the demand of the downstream industry of the company continued to improve, and the price and sales volume of the company's lithium cathode materials increased significantly compared with the same period last year. And established a stable supply cooperation relationship with well-known enterprise customers. Small financial note: the net profit of Q4 in 2021 is 14.4 million yuan. Based on this, the net profit in the first quarter of 2022 is expected to increase by 163% 19.1% month-on-month.

[Jiangte Motor: net profit in the first quarter increased by 761% tel 829% compared with the same period last year] Jiangte Motor announced that it is expected to make a net profit of 630 million yuan to 680 million yuan in the first quarter of 2022, an increase of 760.96% Sam 829.29% over the same period last year. During the reporting period, the external environment of lithium salt business continued to improve, the demand of downstream customers for lithium salt increased, the price of lithium salt products increased significantly, and the company's lithium salt industry business profit increased significantly compared with the same period last year. Small financial note: the net profit of Q4 in 2021 is 137 million yuan. Based on this, the net profit in the first quarter of 2022 is expected to increase by 359% over the previous quarter.

[vision Power announces planned production capacity of new power battery super factory in the United States 30GWh] Vision Power announced on April 13, local time that it will build a new power battery super factory in Kentucky, planning capacity 30GWh, and has the potential to expand to 40GWh, providing high-quality power battery products for global head car companies. It is reported that the factory will produce the latest generation of power battery products, increase the energy density by 30%, effectively increase the mileage of electric vehicles, and have ultra-fast charging capacity. The plant will reach mass production in 2025 and will provide power batteries for 300000 cars a year when it is fully put into production.

[the report says global automakers are expected to spend more than $500 billion to develop electric vehicles and batteries by 2030.] according to the latest report provided by consultancy ERM, global automakers will spend more than $500 billion to develop new electric and passenger cars by 2030, as well as battery manufacturing.

[national standing Committee: no new car purchase restrictions in various localities] the executive meeting of the State Council held on April 13 pointed out that bulk consumption of automobiles and household appliances is encouraged, no new car purchase restrictions are allowed in various localities, and a gradual increase target of purchase restrictions has been implemented. Support the consumption of new energy vehicles.

[Ye Shengji of the China Automobile Association: guard against the mismatch of supply and demand in the industry chain of new energy vehicles] Ye Shengji, chief engineer and deputy secretary-general of the China Association of Automobile Manufacturers, said that in recent years, the market scale of new energy vehicles has expanded rapidly, and the continuously rising sales have exceeded industry expectations, resulting in a capacity mismatch between new energy vehicles and power batteries, and there is also a certain time gap between the expansion cycle of power batteries and the expansion cycle of various key materials. In turn, it leads to the phenomenon of imbalance and uncoordination in many links of the whole new energy vehicle industry chain. In his view, the irrational increase in the price of raw materials for power batteries will fall sooner or later, but from the current observation, it will take at least half a year or more for this wave of price fluctuations of key materials for new energy vehicles to gradually stabilize.

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