[8.4 Lithium Express] the car chip distribution that inflated prices has been put on file for investigation | Tesla's plan to build a factory in India may be hindered by the Indian government's refusal to reduce taxes.

In the face of the strong market demand, it is imperative to develop and extract lithium resources from the salt lake with rich reserves. [leaders are coming to Qinghai Salt Lake to extract lithium world-class industrial base] in the face of strong market demand, it is imperative to develop and extract rich salt lake lithium resources. After years of efforts of a number of companies, lithium extraction from salt lakes in China has ushered in a large-scale industrialization inflection point, the average cost of the industry has gradually dropped to 30,000 yuan to 60,000 yuan / ton, and the production capacity has also grown rapidly. From Qinghai to Tibet, the rising salt lake lithium extraction industry is expected to provide a stable supply of resources for the new energy industry. "Lithium extraction from salt lakes in Qinghai has begun to take shape." People from the local government in Qinghai said. 20 kilometers south from Xining, Nanchuan Industrial Park is busy. This high-tech industrial park gathers lithium industry leaders such as BYD, Ningde era, Taifeng first and so on.

[medium nuclear titanium dioxide: the establishment of a new materials research institute to carry out research on lithium-ion batteries, energy storage technology and other fields] medium nuclear titanium dioxide announcement, the company recently formally established the China Nuclear Huayuan Titanium dioxide Co., Ltd. New Materials Research Institute ("New Materials Research Institute"). Centering on the company's industrial layout, the New Materials Research Institute will carry out cutting-edge and applied research in the fields of key materials for lithium-ion batteries, new titanium matrix composites, key materials for photovoltaic power generation, energy storage technology, etc., to promote the company's technological progress and industrial development. The New Materials Research Institute will focus on the research of cathode material precursor iron phosphate, cathode material lithium iron phosphate and lithium ion battery.

[Shengxin Lithium Energy: subordinate Enterprises participate in investing in New Energy Industry Fund] Shengxin Lithium Energy announced that the subordinate company Shengxin Global intends to pay 34.48% of the subscribed capital held by Shengtun Group, the controlling shareholder of the transferee company, which corresponds to the 500 million yuan subscribed to Xiamen Chuangyi Shengtun New Energy Industry Investment Partnership (limited partnership). The fund aims to raise 3 billion yuan, which is an industrial fund specially invested in the new energy automobile industry chain.

[China Automobile Association: sales estimate of the automobile industry in July completed 1.82 million vehicles down 13.8% from the same period last year] according to the forecast of key enterprises counted by the China Association of Automobile Manufacturers, in July 2021, the sales volume of the automobile industry is expected to complete 1.82 million vehicles, down 9.7% from the previous month and 13.8% from the same period last year. According to the broad categories, passenger vehicle sales are down 11.2% from the same period last year, and commercial vehicle sales are down 27.1% from the same period last year. From January to July, the cumulative sales estimate of the automobile industry completed 14.71 million vehicles, an increase of 19% over the same period last year. According to the broad categories, passenger car sales increased by 20.5% year-on-year, and commercial vehicle sales increased by 13.3% over the same period last year.

[auto chip distribution that inflated prices was filed for investigation] on August 3, the General Administration of Market Supervision issued an article saying that in view of such outstanding problems as hype and high prices in the automotive chip market, recently, according to price monitoring and reporting clues, the General Administration of Market Supervision has filed an investigation into the automobile chip distribution enterprises suspected of inflating prices. In the next step, the General Administration of Market Supervision will continue to pay attention to the price order of chips and other important commodity markets, further step up supervision and law enforcement, and strictly investigate and deal with illegal acts such as hoarding, driving up prices, and colluding to raise prices.

[Indian government refuses to cut taxes Tesla's plan to build a factory blocked] after Tesla called on the Indian government to lower tax rates, the government said it had no plans to cut import tariffs on electric vehicles, according to foreign media reports. Elon Musk (Elon Musk) had previously said it was possible for the company to build a factory in India after Tesla began selling imported vehicles in India. Krishan Pal Gurjar, India's deputy minister of heavy industry, told parliament on August 2nd: "the Ministry of heavy Industry has not considered such a proposal." But he added that the government is taking measures to promote the popularity of electric vehicles by reducing domestic taxes and increasing the number of charging stations.