Wednesday, 31 December 2014

Almost 10,000 Electric Cars Were Sold In China In November.


  Now we can see how seriously China is taking its "War on Pollution" with Electric Cars at the forefront of this strategy. The largest auto-market in the world will demand a lot of Electric Cars and security of supply for the Strategic Commodities like Lithium and REE for this development.
  

China Puts Billions Into Electric Cars & EV Charging Stations.



 

 

  Electric Cars are not only about the price of oil, but about the ability to enjoy personal mobility in the urban centres with millions of people packed in megalopolises in China and India. Lithium based technology makes it possible.


China Rolls Out Welcome Mat for Electric Cars: Ganfeng Lithium Partners with International Lithium in Argentina and Ireland.



“Ganfeng has an army of lithium-focused geologists who looked at projects in every corner of the planet,” stated ILC president Kirill Klip in an exclusive interview, “but they chose ILC to do business with. This is a big de-risking factor for our current and future shareholders. The Chinese do their homework. They believe in the geology of our assets, our management and our development strategy.” Read more.


Lithium Drive: China's Electric Vehicle Output Grows Fivefold.


  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.


InsideEVs:

Almost 10,000 Electric Cars Were Sold In China In November.


Sales of plug-in cars surge in China.
Just in November, 9,728 were sold, which is 10-times more than last year, when incentives to encourage buyers weren’t in place.
After 11 months of 2014, sales have reached 56,700 units and this is almost 5-times more than in the same period of 2013.
At this pace, we will not wait long for China to become largest EV market.  However, a big part of those sales are very small electric cars, so it’ll probably be awhile before China takes over the leaders in real-size passenger cars ranks.
Separately, sources in China are indicating that sales break down in half for individuals and fleets.
The best selling model remains the BYD Qin plug-in hybrid with 1,753 sales in November  and almost 13,000 this year, which translates to over 20% market share. BYD sold over 2,400 all-electric e6 thus far in 2014 in China.
According to the EV Sales Blog, we have data for other models like Chery QQ3 EV (est. 6,416), Zotye E20 (5,844), Tesla Model S (est. 4,149) and BAIC E150/E200 EV (2,619). InsideEVs."