Now The Detroit News reports on the most important development in Lithium technology: cheaper and better lithium batteries. Competition will ignite the next stage of development here. Now 3 Trillion dollars industries invest in lithium technology: Mobile Devices, Electric Cars and Energy Storage. New players are coming into our market now making it more exciting by the day. These brilliant minds and powerful brands will deliver us our electric cars very soon.
Sir Richard Branson is welcomed to our Lithium Club! 2015 EV and Energy Storage space is getting crowded. Warren Buffett with BYD is chasing Elon Musk with Tesla Gigafactory; Sir James Dyson; Apple Electric iCar; Foxconn, LG Chem and Boston Power in China; and now Richard Branson with Virgin. The Lithium space is getting hot now and big names are pouring into the sector. Next Trillion Dollar Growth industry is in the making. You do not have to create the Demand - it is already here, you just have to provide the new mobility solution to substitute ICE powered cars.Lithium technology is ready, Elon Musk has demonstrated its potential. Richard Branson is already involved in Formula E and knows about green energy and electric cars very well. Now it is time for Brands and Brilliant Minds to disrupt the auto-industry and market the new product to the exciting customers. You already know where I am going: Apple and Virgin are the best in switching the customers to their new products. Read more."
"Joe Lowry has published a very interesting article about the lithium market, major producers and rising Chinese powerhouses in lithium industry. You can find now more details on International Lithium strategic partner Ganfeng Lithium. Apple Electric iCar and Warren Buffet BYD move into energy storage to chase Elon Musk with his Tesla Gigafactory bring Lithium back onto the radar screens of investors now. Read more."
International Lithium Corp. and Ganfeng Lithium Commence Work Programs on the Avalonia and Mariana Lithium Projects.
The Detroit News:
Next-generation hybrid cars combining electric and gas power in new ways are emerging as a low-cost alternative for consumers as batteries get cheaper and more efficient.
Battery packs for electric vehicles, loaded with lithium-ion cells, now cost around $496 a kilowatt-hour, a 60 percent drop from 2010. That could plunge to $175 within five years, according to Sam Jaffe, an industry analyst with Navigant Consulting Inc.
So-called microhybrid systems featuring small battery-fed components that switch engines off and on at stoplights have been available for several years. Adding technology that stores energy created when you stomp on the brakes will help make the stop-start systems more efficient, doubling fuel savings to about 15 percent, according to Johnson Controls Inc., a parts maker developing the new technology.
“Automakers want to squeeze as much efficiency as possible out of the internal combustion engine,” said MaryAnn Wright, a vice president at Johnson Controls, which makes both lithium-ion and lead-acid batteries. “These technologies bolted together will cost a fraction of electric vehicles.”
In January, Johnson Controls and Toshiba Corp. unveiled a shoebox-sized system at the North American International Auto Show in Detroit that throws a charge into the battery each time the brakes are hit. Production will begin in 2018.
The new systems are emerging just as the auto industry faces a U.S. goal of 54.5 miles per gallon on average by 2025. Along with Johnson Controls and Toshiba, their development promises to benefit battery makers that include A123 Systems LLC, BYD Co. and Panasonic Corp.
While traditional hybrids run on electricity until they reach higher speeds, the larger battery packs needed to do this add both weight and cost. The use of smaller electric components in microhybrids offer similar fuel savings in a lighter, less expensive package, according to Wright. “While it may not be as sexy, it’s going to deliver,” Wright said.
Early start-stop technology has already been adopted by carmakers including General Motors Co. and Ford Motor Co. Cheaper batteries are making the systems more efficient, with systems that turn engines off and on more frequently.
Higher-volume manufacturing, increased storage capacity and rising sales are all helping bring down battery prices, Morgan Stanley said in a report in July. Tesla Motors Inc. is a driving force in this trend, as it develops a $5 billion battery “gigafactory” that may push costs below $100 a kilowatt-hour within 10 years.
That’s near the threshold needed to make plug-in vehicles competitive without subsidies, said Jason Black, energy and environment leader at Battelle Memorial Institute, a research group in Columbus, Ohio.
“You would have to get down to the $100 range to see widespread deployment,” said Black, who was previously a systems engineer at General Electric Co.
The next significant step for microhybrid systems will include improved regenerative braking systems and using batteries to power more functions, such as air conditioning. About one out of every six cars built worldwide will combine electric and combustion engines by 2025, Robert Bosch GmbH, the world’s biggest car-parts maker, said last month. The Detroit News."