We have very interesting news from Germany over this weekend. Now we can put Elon Musk's talk about hundreds of Gigafactories into perspective.
Elon Musk talks about the Gigafactory and incredible numbers behind his vision: "Everything will be fully electric, except for Rockets!" In China his vision can be the only way forward with personal mobility due to the terrible level of air pollution.
"China continues to build its new strategic industry - Electric Cars and now we can see the first results. International Lithium is well positioned to participate in this macro trend in China with its strategic partner Ganfeng Lithium."
International Lithium: Kirill Klip - Q And A From ILC On Our Strategic Partnership With Ganfeng Lithium.
Tesla says in talks with BMW over car batteries, parts
"Nov 23 (Reuters) - U.S. electric carmaker Tesla Motors is in talks with Germany's BMW over a possible alliance in batteries and light-weight components, Tesla's Chief Executive Elon Musk told German weekly Der Spiegel.In an interview published on Sunday, Musk described BMW's production of carbon fibre reinforced car body parts as "interesting" and "relatively cost efficient."BMW uses carbon fibres from its joint venture with materials supplier SGL to make reinforced passenger cell parts for its i3 electric hatchback and i8 plug-in hybrid sports car.Officials at BMW were not immediately available to comment."We are talking about whether we can collaborate in battery technology or charging stations," Musk was quoted as saying in the interview.There were no further details on the specific nature of the alliance, however BMW and Tesla executives already met in June to discuss the creation of charging stations usable for different types of electric cars.Rival Daimler, owner of the Mercedes brand, said last month it would continue to collaborate with Tesla even after selling its remaining four percent stake in the U.S. company. Tesla has also worked with Toyota on electric SUVs.