Saturday, 7 March 2015

Will China Overtake The U.S. In Electric Cars Sales This Year?



"Modern plug-in electric cars have been on sale in the U.S. since December 2010, and in China even longer. But sales lagged in China until last year, handicapped by several factors: fewer single-family homes that facilitate charging in the driver's own garage, a fierce focus on the lowest possible price by bargain-hungry buyers, and a minimal environmental movement. But now, writing in Fortune, author Levi Tillemann asks whether the largest auto market in the world--China sold 23 million vehicles last year, against 16.5 million in the U.S.--will overtake the U.S. in sales of plug-in vehicles. His answer is: very possibly. China appears to have sold 27,000 electric cars last December, roughly twice the U.S. figure."


Powered By Lithium: Electric Vehicles Market In China 2015.


"China has made Electric Cars one of the strategic industries. It is at the forefront of "The War on Pollution". Now we can see the dramatic rise in sales of EVs in China and further transfer of technology will bring us the mass market in Electric Cars. Our company - International Lithium, is part of Vertically Integrated Lithium Business with our strategic partners Ganfeng Lithium from China. We are building the supply chain for the strategic commodities for this industrial revolution of the 21st century. Read more."

"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."
"Mr. Kirill Klip, President, International Lithium Corp. comments, "We are very excited with the ability to continue to advance our projects to the next level through our partnership with Ganfeng Lithium. Recent announcements, by General Motors regarding the commencement of production of the battery-electric Bolt and Tesla with the ongoing construction of the Gigafactory and launch of the Model X, are strong indicators that the electric car is not only here to stay, but is the way of the future. As a result lithium will be a key ingredient in our daily lives and ILC will be ready to meet the demand for this raw and critical material."