Prince Ning vigorously attacks the commercial vehicle market.

Development will be conducted on 80 vehicle models.

wallstreetcnSep 13 10:04 ET

Goldman Sachs: The short-term reduction in production by Contemporary Amperex Technology may cause lithium prices to bottom out, but the overall prospects for the lithium cycle are still very negative.

Goldman Sachs analysts Trina Chen and Joy Zhang said in a client report on Thursday that Ningde Times' production cuts may provide a 'short-term' bottom for lithium prices in the years-long bear market, temporarily alleviating concerns of oversupply. However, they emphasized that the overall outlook for the lithium cycle remains very 'negative'.

wallstreetcnSep 12 11:09 ET

Lithium carbonate "long-lost surge"! Contemporary Amperex Technology plans to adjust the production arrangement of lithium carbonate in Yichun. Industry analysis believes that "production suspension is mainly due to cost."

1. Regarding the rumored suspension of lithium production in Jiangxi, Contemporary Amperex Technology expressed to the Cailian Press journalists that based on the recent situation in the lithium carbonate market, the company plans to adjust the production arrangement of Yichun lithium carbonate. 2. An informed source informed the Cailian Press journalists that Contemporary Amperex Technology has not yet taken any measures to stop, and further communication and coordination are needed before a decision is made. 3. Industry insiders analyze that the main reason for the suspension at this time is cost-related.

cls.cnSep 11 07:59 ET

With a scale exceeding 5 billion yuan, contemporary amperex technology's new fund has landed in Xiamen.

Recently, Contemporary Amperex Technology has launched a new fund in Xiamen with a scale of over 5 billion yuan. LPs include local state-owned asset funds in Xiamen, as well as Zhejiang Tongxiang City, Ningde City in Fujian Province, and Luoyang City's state-owned asset funds. Contemporary Amperex Technology is also constructing the phase one of an electrochemical energy storage system project in Xiamen, aiming to create a top-notch platform for energy storage system research and development testing, as well as technological innovation verification.

cls.cnSep 11 07:57 ET

The price of lithium carbonate futures has surged, with a single-day increase of nearly 0.03 million contracts. The rumor of production suspension at Contemporary Amperex Technology has been confirmed. Will there be a bottoming out and rebound?

① Market experts have stated that if there is a significant reduction in the output of lithium carbonate in the coming months, the destocking level in September and October may exceed expectations; ② As the consumer market enters the peak season of "Golden September and Silver October", the fundamentals have improved recently and a turning point in inventory has already emerged.

cls.cnSep 11 06:10 ET

August electric vehicle sales: BYD sold nearly 0.38 million units, sokon industry group stock surged nine-fold year-on-year.

①After surpassing a 50% market penetration rate in July, the market penetration rate of new energy vehicles further increased in August, achieving a steady and robust development with a "step-by-step" approach. ②In August, BYD not only broke its own monthly sales record, but also achieved the highest year-on-year growth rate of the year. ③Chery Automobile and Chongqing Sokon Industry Group Stock achieved year-on-year retail sales growth of 251.5% and 912.3% in August respectively.

cls.cnSep 11 02:21 ET