MIT Technology Review reports on the tipping point for the mass market for electric cars.
MIT Technology Review:
Inexpensive Electric Cars May Arrive Sooner Than You Think.
Nature Climate Change
I would like to share this very interesting report about the dramatic decrease in lithium battery costs than previously thought. Industry insiders are already working around $300 per kWh and Tesla Gigafactory will bring us closer to $100 per kWh - the tipping point for the mass market for electric cars.
Our industry is getting hotter by the day. After Apple Electric iCar rumours running wild and getting more and more confirmation, we have Warren Buffett stepping into the Lithium Battery Race. Now we have Tesla with its Gigafactory, LG Chem with its Megafactory in China and Boston Power with stake holding by or strategic partner Ganfeng Lithium in Lithium Battery Race. BYD with Warren Buffett backing is making this investment landscape even more exciting. As Elon Musk has said: "All transportation, apart from rockets, will be electric" 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."