The Guardian reports on the coming announcement by Tesla about its lithium battery for home energy storage. Raw materials for lithium battery are already rising in price and it is even before Tesla's Gigafactory and Chinese Megafactories are coming online!
Joe Lowry has published another very interesting article on the current supply and demand in the different sectors of the lithium market and the coming shortage for the lithium battery grade materials. If you are interested in our sector - he will be the one to follow on twitter at https://twitter.com/globallithium.
Joe has recently brought to our attention the rising powerhouses from China in lithium materials sector and, as you know, I am personally involved with International Lithium and Ganfeng Lithium from China as well.
"Elon Musk is a man who likes to make waves. Whether it’s privatizing space exploration or shaking up commuting with the Hyperloop high speed transport system, the billionaire technocrat aims big. Now his electric car company, Tesla, is planning to change the way people power their homes.In a tweet last month, Musk announced that Tesla would be unveiling a new product on 30 April. It is now widely thought to be a large battery capable of powering a house and an even larger “utility” sized power unit.