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PR Newswire

JinkoSolar’s Subsidiary Jinko Solar Co., Ltd.’s Updated IPO Prospectus and Indicative IPO Timetable Published by the Shanghai Stock Exchange

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SHANGRAO, China, Jan. 6, 2022 — JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, is in the process of applying for an initial public offering ("IPO") of the Company’s principal operating subsidiary, Jinko Solar Co., Ltd. ("Jiangxi Jinko"), on the Shanghai Stock Exchange’s Sci-Tech innovation board. Today, Jiangxi Jinko’s updated IPO prospectus and indicative IPO timetable was published by the Shanghai Stock Exchange on its website.

According to the updated prospectus and indicative timetable, Jiangxi Jinko plans to issue  2,000,000,000.00 shares representing approximately 20% of the total  10,000,000,000.00 shares outstanding after the IPO. Jiangxi Jinko will conduct a roadshow with potential investors between January 7, 2022 and January 11, 2022. The pricing of the IPO is expected to be confirmed by the Shanghai Stock Exchange on January 13, 2022. The issuance and subscription date of the IPO is expected to be on January 17, 2022.

The final IPO share placement and share allocation are expected to be confirmed on January 20, 2022. The final IPO results are expected to be announced by the Shanghai Stock Exchange on January 21, 2022.

Mr. Xiande Li, JinkoSolar’s Chairman of the Board of Directors and Chief Executive Officer, commented, "We are excited that Jiangxi Jinko will soon be listed on the Shanghai Stock Exchange’s Sci-Tech innovation board. We are looking forward to this milestone, which we believe will enable us to further accelerate our growth."

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 31 GW for mono wafers, 19 GW for solar cells, and 36 GW for solar modules, as of September 30, 2021.

JinkoSolar has 9 productions facilities globally, 22 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile, Australia, Portugal, Canada, Malaysia, UAE, Denmark, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina, as of September 30, 2021.

For more information:  www.jinkosolar.com

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Company’s operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:

In China:
Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: ir@jinkosolar.com

Mr. Rene Vanguestaine
Christensen
Tel: + 86 178 1749 0483
Email: rvanguestaine@ChristensenIR.com

In the U.S.:
Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com

PR Newswire

Waymo and Zeekr to collaborate on all-electric, fully autonomous ride-hailing vehicle

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HANGZHOU, China and SAN FRANCISCO, Calif., Dec. 29, 2021 — Geely Holding Group’s (Geely) premium electric brand, Zeekr, will collaborate with Waymo on the development of a new pure electric vehicle for deployment in the Waymo One autonomous ride-hailing fleet in the United States. 

Waymo and Zeekr collaborate on autonomous drive vehicle
Waymo and Zeekr collaborate on autonomous drive vehicle

The Program Explained / The plan. 

The new purpose-built mobility vehicle is being designed and developed at Zeekr’s R&D facility, CEVT (China Europe Vehicle Technology Centre) in Gothenburg, Sweden which has a proven track record in developing class leading vehicles for the wider Geely Holding Group. Under this collaboration, Zeekr will be designing and developing the future vehicle on a new proprietary and open-source mobility architecture. Waymo will take delivery of the vehicles in the United States and will then integrate its fully autonomous Waymo Driver into the vehicle platform.

The new vehicle will be designed to be rider-centric from the outset, setting a new benchmark for autonomous vehicles. The new Zeekr vehicle has been designed for autonomous use-cases and will come with a fully configurable cabin, both with and without driver controls, that can be tailored towards rider requirements for the Waymo One unmanned ride-hailing fleet in the US.

Zeekr was founded in early 2021 as a global technology-mobility brand with design and engineering resources in Sweden. The first model from Zeekr, the 001, was introduced in April 2021 with deliveries starting in October of the same year. 

Quotes / What they say. 

Andy An, CEO Zeekr Technology: "Zeekr was born on the ideals of equality, diversity, and sustainability. By becoming a strategic partner and vehicle supplier to the Waymo One fleet, we will be able to share our experience, ideals and provide our expertise in collaborating on a fully electric vehicle that fits Waymo’s requirements for this rapidly expanding segment in the global market for sustainable travel." 

PR Newswire

JinkoSolar’s Subsidiary Jinko Solar Co., Ltd. Completes IPO Registration with China Securities Regulatory Commission

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SHANGRAO, China, Dec. 28, 2021 — JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that, according to the information published by the China Securities Regulatory Commission ("CSRC"), its principal operating subsidiary Jinko Solar Co., Ltd. ("Jiangxi Jinko") has completed its initial public offering ("IPO") registration process with the CSRC and will soon enter the issuance process for its IPO on the Shanghai Stock Exchange’s Sci-Tech innovation board. The consummation of the IPO is subject to, among other things, market conditions.

Mr. Xiande Li, JinkoSolar’s Chairman of the Board of Directors and Chief Executive Officer, commented, "We are very pleased that Jiangxi Jinko will soon enter the issuance process for its IPO and gain access to the fast-growing capital market in China, which we believe will further strengthen our leadership in the PV industry."

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 31 GW for mono wafers, 19 GW for solar cells, and 36 GW for solar modules, as of September 30, 2021.

JinkoSolar has 9 productions facilities globally, 22 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile, Australia, Portugal, Canada, Malaysia, UAE, Denmark, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina, as of September 30, 2021.

For more information:  www.jinkosolar.com

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Company’s operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:

In China:

Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: ir@jinkosolar.com

Mr. Rene Vanguestaine
Christensen
Tel: + 86 178 1749 0483
Email: rvanguestaine@ChristensenIR.com

In the U.S.:

Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com

PR Newswire

City Transformer Selects Powermat Wireless Technology to Charge New Ultra-Light Foldable Electric Vehicle Designed for Urban Mobility

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The next-generation urban electric vehicle (EV) manufacturer will embed Powermat’s advanced wireless charging system to ensure a seamless connected user experience

TEL AVIV, Israel, Dec. 3, 2021 — City Transformer Ltd., designer of the ultra-light folding electric vehicle for urban applications, today announced a critical partnership with advanced wireless charging technology innovator, Powermat Technologies to integrate the company’s wireless charging system into their all-electric, foldable urban mobility vehicle solution.

Designed to become the world’s first foldable, ultralight EV that intelligently transforms its dimensions to adapt to the complexities of urban environments such as traffic and parking, City Transformer features an intuitive, digitized interface with advanced fleet management and built-in information sharing capabilities. The company plans to assimilate Powermat’s in-vehicle connected wireless charging platform to enhance the vehicle’s advanced mobile connectivity features for enhanced convenience and freedom of use.

"The design of a next-generation vehicle that meets city commuters’ complex demands requires incorporating innovative solutions for an enhanced user experience and the integration of highly personalized technology such as Powermat’s wireless in-vehicle charging technology is an excellent example of our innovation strategy," said Udi Meridor, co-founder and Chief of Strategy and Operations at City Transformer. "We added Powermat’s technology to our lightweight transformable EV to ensure each journey will have access to a seamless charging experience while commuting around cities."

Powermat’s in-cabin wireless charging system combined with the advanced connectivity key features found in City Transformer’s vehicles include:

  • Powermat Qi®15w in-cabin universal wireless charging system with extended power protocol specifications, allows users to freely charge any mobile device while using the EV conveniently.
  • Powermat’s Smart Inductive™ technology that combines vehicle communication interfaces with an extended charging range per coil.
  • The technology is proven to be automotive-grade and CISPR 25 Class 5 certified, with an enhanced focus on advanced quality factor foreign object detection capabilities. 

"To enhance the user experience of driving in a City Transformer ultra-light EV, Powermat’s wireless charging technology provides an interconnected, personalized charging solution that offers seamless connectivity features," said Ronen Diamant, VP Sales at Powermat. "City Transformer is a perfect fit for our wireless power solutions and will enable us to continue improving our technology and the customer experience. This strategic relationship answers the EV industry’s demand for a connected, convenient solution for mobility and automotive technology in urban settings."

ABOUT POWERMAT

Powermat specializes in delivering tailor-fitted turnkey in-vehicle wireless charging reference designs for automotive OEMs, global tier-1 suppliers, robotics, and more. Powermat’s in-car 15W Qi® certified reference designs and connected mobile experience offering wireless power and NFC are ready for in-cabin integration and provide a full-performance automotive in-cabin system for vehicles, two-wheelers, public transportation, and aviation.

With over 200 patent submissions and over 100 granted patents dating back to 2007, Powermat enables OEMs, Automakers, and Tier-1 suppliers worldwide to incorporate advanced wireless charging and customize solutions for unique use cases. The company’s field-proven inductive in-car wireless charging technology is already embedded in over 8 million vehicles and adopted by global market leaders such as General Motors, Visteon, and Harman International.

ABOUT CITY TRANSFORMER

City Transformer develops the world’s first all-electric mobility solution that intelligently transforms its dimensions and riding behavior while driving to meet the complex challenges and needs of those who call the world’s largest cities "our home." Designed by city people around what city people truly need, City Transformer electric vehicles park and outsmart traffic like a motorcycle while riding safely and conveniently like a car. City Transformer was voted one of the "top 10 cars of IAA mobility 2021" and named one of the "best inventions of 2020" by Time magazine.

City Transformer vehicles are engineered for superior city riding experiences without compromise, with superior maneuvering capabilities, exceptional parking properties, exceptional low total cost of ownership, and 75% space savings. City Transformer is built on top of a patented highly fleet-ready modular platform that provides outstanding freedom of cabin design for multiple bespoke applications & flexible engagement models.

Media Contact:
Annika Harper
Antenna Group for Powermat Technologies
annika.harper@antennagroup.com

PR Newswire

U Power ties up with Bosch to collaborate on Super Board technology

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The Intelligent EV tech startup completes Pre-A+ funding round

SHANGHAI, Oct. 23, 2021 — U Power, a Chinese Smart EV technology startup, has recently entered into a strategic agreement with German multinational engineering and technology company Bosch, whereby the two companies will collaborate on intelligent vehicle board technology to support the development of U Power’s "UP Super Board." At the same time, the startup has announced the completion of a Pre-A+ round of funding, led by Bosch’s market-oriented investment platform Boyuan Capital. This investment was the third round of financing received by U Power since its inception five months ago and Boyuan Capital’s first investment since being established.

U Power and Bosch cooperation signing ceremony
U Power and Bosch cooperation signing ceremony

Bosch (China) Investment Ltd. EVP Xu Daquan said: "Intelligent electric vehicle development has entered a critical period with platform-level technology guidance and innovation on track to become a new focus for development. One of the key items to come out as a result of these technological advances is the integrated vehicle board that can meet both hardware and software demands for modularization and intelligence, a feature that can greatly reduce production cost and R&D time. U Power is a partner with the right R&D and manufacturing strengths to produce such a component. We are looking forward to working with U Power on furthering integrated chassis technology and supporting the development of China’s intelligent EV industry."

As the lead investor in U Power’s Pre-A+ funding round, Boyuan Capital managing partner and CEO Zhu Lin said the value of traditional automotive supply chains has been changed with the arrival of intelligent automotive manufacturing. While many new players have entered the field, U Power has the right technology in place and therefore looks to be among the most promising. U Power’s proprietary UP Super Board is a breakthrough product that can greatly empower car manufacturing as the sector enters a new stage, greatly shorten the time needed for R&D, and meet the rapid launch and diversified market needs of intelligent EVs in different scenarios. With its many years in its role as a Tier 1 auto supplier and a complete vehicle manufacturer now deeply ingrained in its DNA, the U Power team will bring to the table a whole new approach to intelligent vehicle R&D and a highly imaginative business model for the automotive business chain, alongside its market-leading chassis products, to further reduce costs and increase efficiency. The two companies, as a result of the collaboration, will have a huge head start as the era of intelligent electric vehicle unfolds.

U Power, with its vast experience in manufacturing vehicles under multiple real-life scenarios, will reinvent the entire vehicle development process by moving to a modularization approach whereby the chassis is divided from the body. By redefining the fundamental approach, technical norms and supply chain, U Power’s proprietary UP Super Board can be customized to meet different hardware standards and software platforms, increasing R&D and manufacturing productivity. The existence of the UP Super Board is expected to shorten R&D time to one year and reduce production costs by up to 60%.

Today, China’s intelligent EV industry is exposed to increasingly fierce competition between traditional vehicle makers, new car manufacturers and technology companies. Advances in vehicle modularization and intelligence have made possible the body-chassis-separated manufacturing model. Some international start-ups are already working in this area in collaboration with major automakers. In China, the concept of the "super board" remains fresh. It is an open secret in the industry that more than 50% of the bill of materials (BOM) cost of intelligent EVs is concentrated in the power chassis, opening the door to  the creation of a new "species" like the super board. U Power founder Li Peng said there are many companies from diverse backgrounds that are eager to enter the mobility space, but what holds them back are the high barriers. U Power looks forward to seeing the UP Super Board technology create a level playing field for all those that seek to enter.

PR Newswire

ReneSola Power Announces Notice of Annual General Meeting

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STAMFORD, Conn., Oct. 22, 2021 — ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced that its annual general meeting (the "AGM") will be held at the office of Kirkland & Ellis International LLP at 11th Floor, HSBC Building, Shanghai IFC, 8 Century Avenue, Pudong New District, Shanghai, China at 2:00 p.m. (Beijing time) on Friday, December 10, 2021.

Copies of the notice of the AGM, proxy form, poll card and annual report are available on ReneSola Power’s investor relations website at http://ir.renesolapower.com.

AGM Resolutions

The following resolutions to be proposed at the AGM will require a simple majority of the votes cast by the shareholders present in person or by proxy:

  1. As a resolution of shareholders, to receive, consider and approve the consolidated financial statements of the Company for the year ended December 31, 2020, together with the reports of the auditors thereon.
     
  2. As a resolution of shareholders, to re-elect Ms. Julia Xu and Mr. Sam (Kaiheng) Feng as directors of the Company, who are retiring by rotation and offering themselves for re-election in accordance with the Company’s articles of association.
     
  3. As a resolution of shareholders, to appoint Ms. Yuanyuan Ma as a director of the Company who was originally appointed as a director by the Board of Directors in accordance with the articles of association of the Company.
     
  4. As a resolution of shareholders, to further amend the 2007 Share Incentive Plan (as amended and restated as of January 21, 2009, August 20, 2010, August 29, 2016 and December 21, 2020) to increase the maximum aggregate number of shares which may be issued under the 2007 Share Incentive Plan 22,500,000 shares (equivalent to 2,250,000 American Depositary Shares) to 42,500,000 shares (equivalent to 4,250,000 American Depositary Shares).

About ReneSola Power

ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. With local professional teams in more than 10 countries around the world, the business is spread across a number of regions where the solar power project markets are growing rapidly, and can sustain that growth due to improved clarity around government policies. The Company’s strategy is to pursue high-margin project development opportunities in these profitable and growing markets; specifically, in the U.S. and Europe, where the Company has a market-leading position in several geographies, including Poland, Hungary, Minnesota and New York.

Related Links :

http://www.renesolapower.com

PR Newswire

Sigma Lithium and LG Energy Solution Sign Milestone Six-Year Binding Term Sheet for Lithium Offtake Agreement

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VANCOUVER, BC, Oct. 5, 2021 —  

HIGHLIGHTS

  • Binding offtake term sheet signed between Sigma Lithium and LG Energy Solution to supply Battery Grade Sustainable Lithium Concentrate through 2027, with start of commercial delivery set for 2022.
  • LG Energy Solution to purchase on a "take-or-pay" basis 60,000 tons per year of Battery Grade Sustainable Lithium Concentrate for the first phase of Sigma Lithium’s production, increasing by 40,000 tons per year during the second phase of production, for a total purchase on a "take-or-pay" basis of 100,000 tons per year.
  • Pricing will be floating and linked to market prices for high purity lithium hydroxide.
  • LG Energy Solution and Sigma mutually have agreed to optional additional offtake volumes of up to 50,000 tons per year of Battery Grade Sustainable Lithium Concentrate.

 

Sigma Lithium will provide LG Energy Solution with significant quantities of battery grade sustainable lithium concentrate to support the large-scale production of lithium-ion batteries required to power the future of electric mobility and clean energy.
Sigma Lithium will provide LG Energy Solution with significant quantities of battery grade sustainable lithium concentrate to support the large-scale production of lithium-ion batteries required to power the future of electric mobility and clean energy.

Sigma Lithium Corporation ("Sigma Lithium") (NASDAQ: SGML) (TSX-V: SGML), dedicated to powering the next generation of electric vehicle batteries with environmentally sustainable and high-purity lithium concentrate, announced the signing of a binding term sheet for an offtake agreement on a "take or pay" basis (the "Offtake") for the sale of 6% battery-grade high purity and environmentally sustainable lithium concentrate ("Battery Grade Sustainable Lithium Concentrate") to LG Energy Solution, Ltd ("LGES"), one of the world’s largest manufacturers of advanced lithium-ion batteries for electric vehicles.

The six-year LGES Offtake for Battery Grade Sustainable Lithium Concentrate scales from 60,000 tons per year in 2023 to 100,000 tons per year from 2024 to 2027 ("Guaranteed Take-or-Pay Quantity") subject to Sigma Lithium and LGES executing a mutually acceptable definitive documentation to implement the Offtake. Sigma Lithium and LGES also agreed to negotiate each year, starting in 2022, an additional optional supply of Battery Grade Sustainable Lithium ("Optional Offtake Quantity"), not otherwise committed in other Sigma Lithium offtake arrangements, as per the table below. 

2022

2023

2024

2025

2026

2027

Guaranteed Quantity
(in dry metric tonnes)

0

60,000

100,000

100,000

100,000

100,000

Optional Quantity
(in dry metric tonnes)

15,000

15,000

50,000

50,000

50,000

50,000

The purchase price for the Battery Grade Sustainable Lithium Concentrate under the Offtake will be linked to market prices for the high purity lithium hydroxide during the term of the Offtake.

The Offtake is intended to be legally binding on both Sigma Lithium and LGES, and is subject to, among other things, completion of the negotiation of definitive written agreement(s), which are to be consistent with the agreed terms contained in the binding term sheet.

"With the rapid growth of the EV battery market, securing large volumes of environmentally sustainable and high-quality lithium materials is becoming one of the important sources of competitiveness in our industry," said Mr. Dong Soo Kim, Senior Vice President of Procurement Center at LG Energy Solution. "We are delighted to sign this landmark offtake with Sigma Lithium, sourcing environmentally-friendly battery-grade sustainable lithium concentrate directly from the upstream producer and collaborating with Sigma Lithium to make our battery supply chain increasingly more sustainable through our shared focus on innovation and ESG."

"Since 2018, Sigma Lithium has been producing battery-grade sustainable lithium concentrate at its on-site demonstration pilot plant while executing our sustainability roadmap to support decarbonization and reach net zero emissions by 2024," said Ana Cabral-Gardner, Co-CEO, Sigma Lithium. "We believe this offtake will create long-term value for all of our stakeholders. Sigma Lithium has been able to deliver large samples of one of the purest, most environmentally and socially sustainable lithium concentrates in the marketplace to potential customers. Thus, our focus on sustainability and the investments we made in our assets to develop an environmentally friendly process to produce battery grade sustainable lithium concentrate, enables Sigma Lithium to attain a leading industry position, supplying LG Energy Solution, the largest global producer of advanced batteries for electric vehicles and green energy storage."

"We are truly delighted to have the ability to provide LG Energy Solution with significant quantities of battery grade sustainable lithium concentrate that will support the large-scale production of lithium-ion batteries required to power the future of electric mobility and clean energy," added Cabral-Gardner. "This offtake is perfectly aligned with our strategy of creating direct commercial relationships with the largest Tier 1 battery producers (who are the final end-users in the lithium supply chain), providing stability to our future cash flows.  Sigma Lithium’s production process is 100% powered by clean energy, does not utilize hazardous chemicals, recirculates 100% of the water and dry stacks 100% of its tailings. We believe that sustainable, scalable and reliable production of high-quality lithium will be essential to meeting demand from sustainable energy leaders like LGES."

ABOUT SIGMA LITHIUM

Sigma Lithium is a Canadian company developing, with an environmental sustainably ESG focused strategy, the largest hard rock lithium deposits in the Americas, located in its wholly owned Grota do Cirilo Project in Brazil (the "Project"). The Company has been producing low carbon high purity lithium concentrate at an on-site demonstration pilot plant (the "Pilot Plant") since 2018. This pilot production has been an important part of the successful commercial strategy of the Company, shipping samples of its low carbon "green & sustainable" high purity lithium to leading global potential customers, for product certification and testing, with the goal of participating in the rapidly expanding electric vehicle ("EV") supply chain.

The Company is in pre-construction and detailed engineering of an environmentally friendly, fully automated, dense media separator ("DMS") production plant, that will apply proprietary algorithms to digitally control the dense media. The production plant will be vertically integrated into the Company´s mining operations, exclusively utilizing as feedstock the high purity spodumene ore with exceptional mineralogy from the Project. The production plant will process the spodumene ore into a high purity 6% battery-grade lithium concentrate engineered to the specifications of its customers in the lithium-ion battery supply chain for EVs.

The Company continues to demonstrate its commercial and market relevance by significantly advancing its strategic goals on three fronts: near-term production scheduled for 2022, completing the studies for the viability of production expansion contemplated for 2023, and the determination of the ultimate extent and unique high-purity quality of mineral resources at the Company´s wholly-owned Grota do Cirilo Project, all while maintaining its strategic leadership in ESG in the lithium supply chain.

In order to secure a leading position supplying the clean mobility and green energy storage value chains, the Company has adhered consistently to the highest standards of ESG practices, which were established as part of its core purpose at inception in 2012. The production process will be powered by clean energy and the Company will use state-of-the art water recirculation circuits in its processing combined with dry stacking tailings management. The DMS process of the production plant does not utilize hazardous chemicals, as a result its tailings are 100% recyclable into ancillary industries, such as ceramics.

FOR ADDITIONAL INFORMATION, PLEASE CONTACT

SIGMA LITHIUM INVESTORS:
Daniel Abdo 
(Sao Paulo) +55 11 2985-0089
daniel.abdo@sigmaca.com

ir@sigmaca.com

Vitor Ornelas 
(Sao Paulo) +55 11 2985-0089
vitor.ornelas@sigmaca.com

SIGMA LITHIUM MEDIA:

Colleen Robar
(United States) +1 313 207 5960
crobar@robarpr.com 

SIGMA LITHIUM SOCIAL MEDIA:

LinkedIn:

@SigmaLithium

Instagram:

@sigmalithium

Twitter:

@SigmaLithium

FORWARD-LOOKING STATEMENTS

This news release includes certain "forward-looking statements" under applicable US and Canadian securities legislation including statements relating to future ESG targets and the achievement of certain milestones, including in relation to  offtake agreements completion, the terms of the Offtake (including quantities), value creation, cash flows as a result of the Offtake and the execution of definitive documentation reflecting the terms of the binding term sheet, relevant internal and organizational approvals, production estimates and other forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events, or developments that the Company believes, expects or anticipates will or may occur are forward-looking information, including statements regarding the entering into of definitive documentation and terms thereof and benefits of the Offtake may or may not occur. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, , metal prices, exchange rates, taxation, the estimation, timing and amount of mineral resources and reserves, future development and production, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes, litigation risks, failure of plant, equipment or processes to operate as anticipated, accidents, labour disputes, claims and limitations on insurance coverage and other risks of the mining industry, changes in national and local government regulation of mining operations, and regulations and other matters including the COVID-19 pandemic. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. For more information on the risks, uncertainties and assumptions that could cause our actual results to differ from current expectations, please refer to our public filings available at www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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PR Newswire

GAC’s First Zero-Emissions Engine | GO AND CHANGE New Energies

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GUANGZHOU, China, Sept. 30, 2021 — In recent weeks, the first hydrogen engine independently developed by GAC was successfully ignited, marking the entry of GAC Group technology into the zero-carbon emission era.


This exciting technology leap also demonstrates the strength of GAC MOTOR’s commitment to new energy and a new era for the automobile industry.

Cutting Edge In-House Technology

The zero-carbon emissions engine was independently developed based on GAC’s fourth-generation engine technology. GAC Group holds completely independent intellectual property rights to the technology.

Using core hydrogen engine technology as a foundation, GAC R&D Centers optimized the technology with a number of innovations.

These include the newly developed combustion chamber, which improves the mixing process of hydrogen and air, and improvements to the hydrogen supply system, which improves power density and reduces the risk of hydrogen leakage.

The new engine also boasts improved heat dissipation capacity, further minimizing combustion risks. By strengthening engine pistons, piston rings and connecting rods, heat dissipation has been improved in both the cylinder head and cylinder block, a seemingly small change that creates a big improvement in reliability and operation. The target thermal efficiency of this engine is expected to exceed 44%, a leading domestic standard.

Looking to a Greener Hydrogen Future

The stable operation and superior performance output of the GAC hydrogen engine is just one example of the many ways GAC MOTOR is moving towards the manufacturing of the future.

The GAC R&D Centers will continue to carry out thermodynamic calibration and mechanical development of the hydrogen engine, with the eventual aim of loading the entire whole vehicle.

GAC will also work collaboratively to promote industrial chains for hydrogen production, storage and hydrogenation processes. This means promoting the full use of renewable energy sources such as wind and hydropower, and improving the safety and quality of hydrogen storage.

Craftsmanship in the Detail

Technology innovation and Chinese craftsmanship are two of the core brand values that identify GAC MOTOR as a company.

Continually working away at engine technology, chipping away to improve every aspect of both engine technology and driver experience – this is what makes GAC MOTOR a cutting-edge automobile manufacturer.

With this exciting new leap in engine technology, we’re excited to see how much more GAC MOTOR can do to improve the mobile lives of customers around the world.

Let’s GO AND CHANGE.

PR Newswire

e.GO Mobile Opens an Iconic Brand Store in Hamburg, Germany’s Second Largest City

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–  The new brand store is located by the Jungfernstieg – one of Hamburg’s most prominent shopping destinations.  

–  The Store combines innovative customer experience centre, sales, test drives and customer support.

–  Inauguration coincides with the World’s biggest Triathlon Championship event in Hamburg.

AACHEN, Germany, Sept. 20, 2021   — Following the successful start of production and launch of nation-wide sales, Next.e.GO Mobile SE, the independent German EV manufacturer, accelerates opening its Brand Stores. After the inauguration of the first ever brand store in Dusseldorf earlier this September, e.GO has arrived in Hamburg just as the World’s largest Triathlon Champions series gets into gear. The e.GO Hamburg brand store is located by the Jungfernstieg in one of the city’s most exclusive shopping streets at Große Bleichen 10. This address is already well-known to the Hamburg community, as it was previously home to the world’s pioneering independent electric car company from the other side of the Atlantic.

Opening of an iconic e.GO Brand Store in Hamburg, Germany
Opening of an iconic e.GO Brand Store in Hamburg, Germany

In the e.GO brand stores, visitors can experience the vehicles personally up close and get acquainted with e.GO’s disruptive production technology, unique design elements and its smart features. Customers can also do test drives and order the vehicle directly. The company plans the opening of its new brand stores in other cities in Europe with Milan, Athens and Dubai on the way.

Alongside the start of the company’s global campaign "The Time Is Now", the brand store openings mark another important milestone in e.GO’s journey to accelerate the much-needed transformation in the urban e-mobility by offering a sustainable, durable and affordable electric car that is also unique in many aspects.

"We are delighted to bring e.GO to the beautiful city of Hamburg. A metropolitan that is at forefront of urban transformation and a welcoming and vibrant community whose endearing greeting not only welcomes every ship arriving at the harbour but also the much-needed change to emission-free mobility," said Ali Vezvaei, Chairman of the Board at Next.e.GO Mobile SE.

Accelerating adoption in urban environment

Affordability, ease of use and life cycle sustainability are key to driving the adoption of electro mobility in the ever-growing urban environment. e.GO offers them all. The robust aluminium spaceframe and the highly durable polymeric outer body give the e.GO Life a longer life cycle and lower total cost of ownership. The smart battery swap feature, first of its kind for an urban electric car, provides a different user experience and peace of mind while enhancing the ecological footprint of e.GO compared to many other choices in the market. 

 

PR Newswire

Accelerating Carbon Neutrality “Innovation for Cool Earth Forum (ICEF2021) -Online-“

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TOKYO, Sept. 17, 2021 — The ICEF Secretariat announced on September 17 that Japan’s Ministry of Economy, Trade and Industry (METI) and New Energy and Industrial Technology Development Organization (NEDO) will host "Innovation for Cool Earth Forum 8th Annual Meeting (ICEF2021)" online from October 6 to 7.

ICEF2020: https://kyodonewsprwire.jp/prwfile/release/M106778/202109139949/_prw_PI1fl_HKkJJJyn.jpg

  • Innovation for Cool Earth Forum (ICEF2021)

    Every year since 2014, METI and NEDO have hosted the Innovation for Cool Earth Forum (ICEF) to gather leading international figures in Tokyo to discuss how to combat climate change through technological innovation.

    ICEF’s mission is to nurture discussion and collaboration among participants and to disseminate the industry’s latest innovations in energy and environmental technologies by providing a place where experts can share their knowledge on how to tackle the 21st century’s greatest environmental challenge.

    A distinguished steering committee, consisting of members from all around the world, strives to bring the best minds together to develop a program which addresses forces of change while ensuring they are based on solid evidence.

  • Highlight
    World Movements of "Innovation" for a Decarbonized Society

    In the world, a variety of initiatives across industry, government and academia are being rapidly accelerated toward a Decarbonized Society. There are many diverse climate change challenges, and all stakeholders in society, including the private sector and governments, are called upon to tackle specific actions from short- and long-term perspectives.

  • Outline
    Innovation for Cool Earth Forum 8th Annual Meeting (ICEF2021)
  • Theme
    Pathways to Carbon Neutrality by 2050: Accelerating the Pace of Global Decarbonization
  • Date
    October 6-7, 2021 9:00 a.m.– (JST)* / 0:00 a.m.- (UTC)*
    *All sessions and events will take place during the daytime hours, Japan Standard Time, and will be distributed online.
  • Venue
    Virtual Forum (Live & On-demand)
  • Co-Hosts
    Ministry of Economy, Trade and Industry (METI)
    New Energy and Industrial Technology Development Organization (NEDO)
    Ministry of Foreign Affairs (MOFA)
    Ministry of Education, Culture, Sports, Science and Technology (MEXT)
    Ministry of Agriculture, Forestry and Fisheries (MAFF)
    Ministry of the Environment (MOE)
  • Institutional Partners
    International Energy Agency (IEA)
    United Nations Industrial Development Organization (UNIDO)
  • Registration
    https://www.icef.go.jp/register/ (Free of charge)
  • Program
    https://www.icef.go.jp/program/
    The program is subject to change; information is updated regularly.

For more details, please visit: https://kyodonewsprwire.jp/attach/202109139949-O1-v5AFmJUn.pdf

Related Links :

https://www.icef.go.jp/