Lithium race is on and the time to market will be important. Can this early start help GM to grab some attention from the cult following Tesla Motors with Tesla Model 3? Competition between real affordable electric cars will bring us the better technology and mass market for electric cars. This time is coming and it is coming very fast now.
Now, as promised, we have the buzz picking up about Tesla Model X. "Tesla Model X will be by far the best SUV" - according to Elon Musk, will make all the difference giving the green alternative proposition to all lovers of Range Rovers.
In a few short years we will has the real mass market for electric cars. Elon Musk alone has made electric cars fashionable with his Tesla Model S. Tesla Model X will drive the buzz now. Apple can change landscape overnight with its brand power if and when Electric iCar will be finally released. Tesla Gigafactory and other Megafactories will bring the cost for lithium batteries down and allow for Tesla Model 3, GM Bolt and Nissan with increased range to drive us all into the mass market for EVs. "Dump The Pump", if you can - the time has come! At International Lithium we are making this rEVolution possible to happen. Security of lithium supply will be at the base of this new technological shift. China is driving the change in lithium industry now and our strategic partner - Ganfeng Lithium finances development of our J/V lithium projects in Argentina and Ireland.
How to achieve the explosive growth like International Lithium's strategic partner Ganfeng Lithium? You need to have the largest auto-market in the world, "War on Pollution" and state-level support for the new strategic industry - electric cars. After Tesla Gigafactory, LG Chem, BYD, Foxconn, Boston Power and A123 are building their own Megafactories. New automakers, like Guanzhou Auto in China are moving now into electric space with announcements almost every month. International Lithium is building strategic supply chain for Ganfeng Lithium, our J/V in Ireland and Argentina are financed by Ganfeng and now we are receiving results.
"Mr. Kirill Klip, President, International Lithium Corp. comments, "We are highly encouraged by what we are learning about the thick brine aquifers at Mariana. We look forward to completing the pump test which will give us a sense of the potential productivity of wells in these aquifers and we are confident that our plan to acquire these key preliminary hydrological results prior to a mineral resource estimation is both an expeditious and cost effective approach toward an initial production assessment."
Gary Schellenberg, CEO and Executive Chairman, notes that "Success in the initial drilling program by intersecting pegmatites under cover confirms the exploration strategy and methods we are applying in the Avalonia project. This gives us confidence as we move ahead with plans to test both new and historical targets we are developing along the lithium belt."
"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."
DETROIT -- General Motors has accelerated development of the Chevrolet Bolt electric vehicle as the automaker tries to have the first mainstream brand with a long-range EV on the market.
GM engineers said last week that they've pulled ahead their timetable for Bolt production, though they wouldn't say by how much or give a production target date.
GM confirmed in February plans to build the Bolt, which it says will go about 200 miles on a single charge and cost around $30,000 after tax breaks. An on-sale date of sometime in 2017 has been widely reported.
But the car could arrive earlier than that. Two industry analysts who track production plans, and who didn't want to be identified discussing GM's schedule, have estimated the Bolt will start production in October 2016. Those forecasts were made even before GM moved up its timeline.
GM "accelerated things," Bolt chief engineer Josh Tavel told reporters at a media event last week here. GM is testing more than 50 hand-built prototypes, he said.
Jeff Schuster, senior vice president of forecasting at LMC Automotive, said GM is probably looking over its shoulder at the Tesla Model 3 EV and a longer-range version of the Nissan Leaf.
Said Schuster: "GM wants to stake a claim to this market."
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