Huawei has signed a contract for the world's largest energy storage project | Ganfeng Lithium Industry: the Australian Mount Marion project currently produces 400000 tons of lithium concentrate per year.

[1300MWh! Huawei signs contract for the world's largest energy storage project] at the 2021 Global Digital Energy Summit held in Dubai on October 16, Huawei Digital Energy Technology Co., Ltd. and Shandong Electric Power Construction No. 3 Engineering Co., Ltd. successfully signed the Red Sea Metro Energy Storage Project in Saudi Arabia, and the two sides will work together to help Saudi Arabia build a global clean energy and green economy center. The energy storage scale of the project is 1300MWh. it is not only the largest energy storage project in the world, but also the largest off-grid energy storage project in the world. it has strategic significance and benchmarking demonstration effect for the development of global energy storage industry.

[Longyi Technology: subsidiary plans to buy 100% equity of Sichuan Liyuan for 100 million yuan] Longyi Science and Technology announcement, Changzhou Liyuan, the company's controlling subsidiary, plans to acquire 100% equity of Sichuan Liyuan, a wholly owned grandson company, for 100 million yuan. After the completion of this equity transfer, Changzhou Lithium Source will become the only main body engaged in the business of lithium iron phosphate cathode materials in the company. it is convenient for the company to further enhance the comprehensive strength of project research and development, market expansion and product mass production in the lithium iron phosphate cathode material industry chain.

[Toyota plans to invest $1.3 billion to build a battery plant in the United States] Toyota said Monday it plans to spend $1.3 billion on a new battery plant in the United States. The Japanese carmaker is stepping up research and production of key components for hybrid and electric vehicles. Earlier, competitors such as General Motors and Ford also announced plans to build battery plants or electric vehicle assembly plants in the United States. Faced with battery supply constraints, carmakers increasingly want to make their own parts, following the example of Tesla making their own batteries at a factory in Nevada.

[Tesla heavily hoarding resource battery industry demand surge] New Caledonia-based mining company (Prony Resources) announced recently that it has reached an agreement with Tesla to become Tesla's main nickel supplier. Tesla will buy about 42000 tons of nickel from the company. This is Tesla's second big move in nickel procurement in the second half of this year.

(Evergrande may sell its electric car company National Energy New Energy) on Oct. 19, it was reported that China Evergrande Group's Guoneng Electric vehicle Sweden Co., Ltd., Guoneng New Energy (National Electric Vehicle Sweden,NEVS), is in talks with venture capital firms and industry partners in the United States and Europe to find a new owner.

[Ganfeng Lithium Industry: Australian Mount Marion project currently produces 400000 tons of lithium concentrate] Ganfeng Lithium Industry (002460.SZ) said on the investor interactive platform on October 16 that the Australian Mount Marion project currently produces 400000 tons of lithium concentrate per year, and the future production capacity planning of lithium concentrate should pay attention to the company's announcement.