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.
"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."
Lithium Technology potential was demonstrated by Elon Musk with Tesla Model S, now is time for urban mobility solutions to save China and India from horrible air pollution. And our own cities will benefit as well for our kids! Foxconn is talking about $15k EV and Boston Power about even $8k price tag. The future will tell whether they can succeed, but we are at the tipping point for mass market for electric cars already. Our strategic partner Ganfeng Lithium has signed an MOU to acquire the stake in Boston Powerand among the suppliers to Warren Buffett backed BYD in China. Europe is the very important export market for Ganfeng Lithium and we are very pleased at International Lithium to advance the Avalonia Lithium J/V project in Ireland. Our team is on the ground now preparing for the drilling on the newly discovered targets.
International Lithium Corp. and Ganfeng Lithium Commence Work Programs on the Avalonia and Mariana Lithium Projects.
(Reuters) - Billionaire entrepreneur Richard Branson's Virgin Group may take on Tesla Motors Inc and other companies in developing electric cars, Bloomberg reported on Thursday.
Branson, whose empire ranges from airlines to music stores, mobile phones and spaceships, said electric cars may be next.
"We have teams of people working on electric cars," Branson told Bloomberg TV in Miami where his Virgin Racing team competed in the all-electric Formula E race that involves battery-powered cars. "So you never know, you may find Virgin competing with the Tesla in the car business as we do in the space business. We will see what happens."
Branson's Virgin Galactic is a spaceflight company that competes with SpaceX, which was founded by Tesla CEO Elon Musk.
"We are working with the Virgin Formula E team to develop the plan for next season's cars," Virgin Group spokesman Nick Fox told Reuters. "Our aim is to build a leading engine and car for next season. Maybe ultimately that could be used in the broader car market in the future."
In addition to Tesla, most of the world's automakers sell or are electric cars. There are also signs Apple Inc may be working on an electric car and Google Inc is developing a car that can drive itself.
However, broader acceptance of electric cars has been held back by the premium consumers must pay for the technology and fears about the driving range of an all-electric vehicle.
Branson told Bloomberg TV, "Tesla is as sexy as any other car on the road today."