The Lithium Technology is here, now we need to bring the prices down with volume to ignite the mass market for electric cars. It is not the coincidence that the first race starts in Beijing.
"As I have discussed with you here before, Elon Musk is taking the largest auto-market in the world very seriously. Needless to say that this Supercharger Network will be the base for the mass market for electric cars in China. Now we are waiting for Tesla Model III coming out in 2017 with $35k price tag and 200 miles range. Tesla Gigafactory will make this development possible with better and cheaper lithium batteries. After establishing Tesla Motors brand in the luxury sector with Tesla model S and Tesla model X Elon Musk will move down the value chain into the mass market for electric cars.Foxconn plan for the $15k electric cars is the wild card here, it remains to be seen who will be involved in its implementation, but I can tell you my personal observations already now: Electric Cars are here to stay and they are taking over the largest auto-market in the world right now like the wild fire. If you are still looking for the next Apple: Elon Musk, Electric Cars and China could be pointing out to the Next Big Thing. Read More."