Interest to our Lithium Industry is waking up with the news from Tesla about the record sales in the first quoter despite of low oil prices.
Tesla Motors has released new Model S 70D with dual motor drive and 240 miles range. Tesla has sold 10300 Model S EVs in Q1 2015 - the 55% increase from the last year! The future is here, it is electric and a lot more exciting things are to come from Elon Musk.
We are at the very important tipping point for the lithium technology. Tectonic shift is happening in our industry. Battery technology made the breakthrough with lithium chemistry and now it became the industry standard. Tesla CTO has made the brilliant presentation on this subject couple of weeks ago. Now at least three Trillion dollar industries are investing into Lithium Technology: Mobile Devices, Electric Cars and Energy storage. Chinese Internet Giants are investing in electric cars using the favourable state-level supportive environment in China. Now we have Google joining the lithium race.
Stay tuned for our update from Ireland and Argentina in the coming weeks. International Lithium is moving forward our J/V projects with Ganfeng Lithium.
"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."