The global material vehicle layout has accelerated and the material war has started.

According to reports, the global electric vehicle layout is accelerating, the competition in the industrial chain is intensifying, and major auto manufacturers are increasing R&D investment and production. In particular, the raw material war has become increasingly fierce, and the demand for cobalt has grown significantly. There are concerns in the industry that raw materials will fall into a situation of insufficient supply.

Geely Group recently announced that it has acquired 9.69% voting shares of German car company Daimler AG through its overseas business entities. Global automakers have recently accelerated the layout of electric vehicles. In addition to increasing R&D investment and production, the cooperation between global automakers has become increasingly frequent. In the context of continuous improvement in global policy and continued rise in market demand, the battle for rare metal raw materials is also being staged.

Accelerated global electric vehicle layout, fierce material warfare has started

Major car companies strengthen cooperation

Geely Group announced on the 24th that it has acquired 9.69% voting shares of German car company Daimler AG through its overseas business entity. Currently, the transaction still needs to be approved by Chinese regulators. Foreign media quoted sources close to the German government revealed that German regulators will not interfere with the acquisition.

The cooperation intention of the electric vehicle business led the acquisition agreement between China's largest private car company and Germany's largest luxury car manufacturer.

“I am very pleased to be able to grow along with Daimler’s future development and help him become a leader in electric mobility and online technical services.” Li Shufu, Chairman of Zhejiang Geely Holding Group, said that he will fully comply with Daimler’s business. The charter and governance structure respects the company's culture and value orientation. In response to the strategic thinking of this investment, Li Shufu said: "It is necessary to refresh the way of thinking, unite with friends and partners, and occupy the technical commanding heights through collaboration and sharing."

Baden-Württemberg State Bank analysts told Bloomberg that Geely's acquisition of Daimler shares will enhance cooperation and benefit from electric vehicle production technology.

It is reported that people familiar with Geely's strategy said that Geely's acquisition of Daimler's equity is eager to access Daimler's electric vehicle battery technology and hopes to establish an electric vehicle joint venture in Wuhan, Hubei. In terms of electrification, Daimler has been more radical and has deep technical capabilities. It plans to invest more than $10 billion in the future in the field of electric vehicles. In addition to investing in electric vehicle manufacturing, an additional $1 billion will be invested in the production of battery products.

The Geely Group has publicly stated that the new models introduced by Volvo from 2019 will be equipped with pure electric or hybrid engines to adapt to the transition from traditional fuel-driven to electric-driven.

Recently, cross-vendor cooperation in the field of electric vehicle production has continued. The German carmaker BMW Group announced on the 23rd that it plans to produce the electric version of the compact car MINI in China. The possible partner is China Great Wall Motor.

AFP quoted a statement from BMW saying that BMW, based in Munich, Germany, plans to "build a joint venture in China". The two sides have been discussing the matter for a long time and signed a letter of intent for cooperation.

Japanese automakers are also more frequent in the field of electric vehicles. The Nihon Keizai Shimbun quoted Nissan Motors’ joint venture in China this month as saying that it will invest 60 billion yuan in the Chinese market by 2022, including more than 20 pure Electric car. By 2022, more than 40 models will be launched in the Chinese market, half of which will be pure electric vehicles, including "e-power" models powered by engines and powered by motors.

Toyota also has a larger cooperative move. In the development of basic technology for pure electric vehicles, Toyota Motor Corporation established a new company with Mazda and Denso in the fall of 2017. Later, Suzuki and Subaru joined in and cooperated with Panasonic in the battery field.

In 2030, Toyota plans to increase sales of electric vehicles such as hybrid vehicles (HVs) and pure electric vehicles to nearly four times that of current, reaching 5.5 million units.

The cooperation of major car companies is to cater to the rapid development of the new energy vehicle market. From the perspective of the global market, the sales volume of new energy vehicles increased from 51,000 in 2011 to 914,000 in 2016, and the sales volume in the five years increased by 16.9 times.

Policy boosts industry development

In order to improve urban air quality and foster innovative technologies, many governments are introducing policies to popularize electric vehicles, which limits the development of traditional fuel vehicles to a certain extent and promotes automobile manufacturers to switch to electric vehicle production.

France has launched the largest bidding for electric bus purchases in Europe, with a total value of up to 400 million euros. It is reported that in order to achieve full coverage of clean energy buses in 2025, the Paris Public Transport Company and the Paris Regional Public Transport Administration have started the tendering process and plan to purchase 250 to 1,000 electric buses within two years.

In Germany, the policy of restricting fuel vehicles is also in the pipeline. According to the German "Rhein Post" report, the German government plans to allow fuel vehicle bans on certain routes in case of emergency.

This month, German Chancellor Angela Merkel said she hopes to avoid a fuel vehicle driving ban, with a focus on replacing taxis and buses with electric vehicles and taking other measures. But she also stressed the need to find solutions for the affected cities as soon as possible.

The EU's financial support in the field of electric vehicles is also overweight. At the 2nd European Industrial Day Forum, which ended on the 23rd, EU Scientific Research and Innovation Commission Carlos Modas said that the EU Innovation Council will serve as a link between start-ups and big companies to promote cooperation and innovation.

Modas also announced the launch of the EU Innovation Council's "Electric Vehicle Battery Innovation Award" to reward 10 million euros (about 12.3 million US dollars) for those who have developed safe and sustainable electric vehicle batteries.

Raw material wars are getting worse

As the electric vehicle market continues to expand, companies are also actively occupying the source of raw materials. There are concerns in the industry that raw materials will fall into a situation of insufficient supply. The international price of cobalt has risen more than threefold in the last two years, and lithium prices have tripled since 2015.

According to a report, German BMW and Volkswagen are negotiating with mining companies to ensure long-term supply. In December 2017, Toyota and Matsushita announced that they would discuss the development of cobalt including on-board batteries such as pure electric vehicles.

According to the country, the obvious increase in demand for cobalt is China. The head of cobalt procurement at a Japanese trading company said, “The Chinese government is promoting the popularization of pure electric vehicles, and China’s procurement is expected to increase in the future.”

According to a report by the reporter, the US electric vehicle manufacturing giant Tesla or involved in lithium battery raw materials is negotiating with the Chilean lithium mine giant SQM. It is reported that this is the first time the company has been involved in the field of lithium battery raw materials.

According to reports, Tesla is negotiating with SQM, the largest lithium producer in Chile, about the supply of lithium battery raw materials. Bitran, executive vice president of the Chilean government's industrial development agency, said Tesla may agree to establish a processing plant in Chile to produce the high-quality lithium needed for its batteries. If successful, this means that Tesla will be involved in the field of lithium battery raw materials for the first time.

SQM is one of the world's old lithium producers. Previously, SQM attracted Chinese listed companies Shanshan and Tianqi Lithium to participate in the bidding. Shanshan’s acquisition of a partial shareholding in SQM was announced at the end of August 2016, and Tianqi Lithium successfully purchased a 2.1% stake in SQM at the end of September 2016. SQM's share price rose by 71% in mid-2017.

Global automakers are beginning to lock in the supply of raw material lithium to expand the production scale of electric vehicles to achieve ambitious electric vehicle production plans. Toyota Tsusho, which is responsible for overseas investment and trading business of the Toyota Group, recently exchanged 282 million Australian dollars for a 15% stake in Australian lithium miner Orocobre, which will be used to expand the annual production capacity of Orocobre's lithium carbonate in Argentina, planned for 2017. 17500 tons increased by 143% to 42,500 tons. In addition, Toyota Tsusho and Orocobre intend to build a lithium hydroxide plant in Fukushima, Japan, with an estimated annual production capacity of 10,000 tons.

In order to consolidate the supply of lithium, electric vehicle manufacturers seem to have become the safest way to directly invest in lithium mining companies. For example, Chinese electric vehicle manufacturer BYD and Great Wall Motor have similar investment events in recent years.

According to the survey company Darton CommodiTIes, cobalt used in rechargeable batteries led by lithium batteries accounts for more than half of the global cobalt supply. According to data from the survey company Fuji economy, the demand for cobalt for lithium batteries in 2016 was 4.59 million tons, and it is expected to increase to 75,000 tons by 2021.

The price of cobalt continues to rise due to increased demand. The spot price of the London market, which is an international indicator, hovered around $38 per pound in late February.

Press Brake Protection

BLPS laser safety protective device is designed for personal safety used on hydraulic bender.
The dynamic test technology it used has passed the Type 4 functional safety assessment by TUV, and get the national invention patent. The product reaches the advanced technological level of similar products.
BLPS laser safety device provides protection zone near the die tip of the bender to protect fingers and arms of the operator in close to the upper mold die tip. It is the most effective solution so far to preserves the safety and productivity of the bender.

Press Brake Protection,Laser Guarding Device,Press Brake Guarding Systems,Press Brake Guarding

Jining KeLi Photoelectronic Industrial Co.,Ltd , https://www.sdkelien.com