Tesla builds Gigafactory ahead of schedule and it is the game changer for our lithium industry. Competition is already on and Apple will bring more heat with its Electric iCar to the lithium battery market and lithium materials producers are getting ready now - security of supply will be the key to the success here. International Lithium is the part of vertically integrated lithium business with Ganfeng Lithium from China as our strategic partner.
"Eric Wesoff reports on very interesting development in China. Boston Power is building its own Megafactory to produce lithium batteries and even the super cheap urban EV for ... $8,000. It will be the game changer for the booming market for EVs in China, where EV sales are up 320% last year. We have discussed LG Chem Megafactory before and now you can appreciate more recent move of our strategic partner Ganfeng Lithium. China is building very fast its new strategic industry - electric cars. International Lithium is the part of the vertically integrated Lithium business with Ganfeng Lithium in China."
International Lithium Corp. and Ganfeng Lithium Commence Work Programs on the Avalonia and Mariana Lithium Projects.
"Listen to Elon Musk why "all transport, with the ironic exception of rockets, will be electric." Great conversation is covering in depth all aspects of the incredible story about Tesla Motors. From the early pain of growth and almost desperate situation in late 2008 to the Mercedes investment and Gigafactory. Tesla Model III will bring the mass market for electric cars and lower oil prices will not stop EVs. Elon looks forward to 500k of EVs produced by Tesla Motors annually by 2020 and "a few millions" after 2025. Watch the video"