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Rising prices of raw materials Lithium electrification of electric light vehicles meets challenges?_SMM

[raw material prices rise, lithium electrification of electric light vehicles meets challenges? The transition period of the "new national standard" in many places will end in 2022-2023, and according to institutional analysis, the demand for larger replacement may begin to be released intensively from 2022, which will promote the rapid growth of demand for lithium batteries for electric bicycles. As the largest owner of electric bicycles in the world, the number of electric bicycles in China has exceeded 350 million, and the annual sales in recent years has been maintained at about 30 million.

Caixin Global - Latest Business and Financial News on China, U S Trade War and Negotiations, Breaking News, Headlines and Developments

Local authorities ordered a third round of mass Covid-19 testing Thursday after closing part of the public transportation system Tuesday, as the eastern Chinese city struggles to contain the spread of the highly contagious delta variant that was first detected on July 20. The city has reported 171 cases, including two that were asymptomatic, as of Wednesday. The flare-up has spread to 11 cities in six provinces, infecting at least 170 peopleJul 29, 2021 04:41 PM

Caixin Global - Latest Business and Financial News on China, U S Trade War and Negotiations, Breaking News, Headlines and Developments

Construction of the new Worker’s Stadium began last year, with the aim of creating a world-class soccer venue and restoring the Beijing landmark to its original appearance from the 1950s. The home of the Beijing Guoan soccer team has hosted a number of key events over its history and has been renovated three times since the 1990sJul 02, 2021 07:44 PM

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