We have another catalyst to unlock the real potential of the largest auto-market in the world for electric cars. These additional benefits can bring us the tipping point for EVs in China even before Tesla Model 3 will create the mass market there.
We have another confirmation of the explosive growth for electric cars in China and the best ones are only coming!
What will happen if we take "the best SUV on the market", largest auto-market in the world and "War On Pollution"? I guess it will be a very good chemistry. Elon Musk is leading assault on 4 trillion transportation industry and China is the place where it really matters: Tesla model S and X will pave the way for mass market Tesla Model 3. Now lets check the lithium supply headlines …
Chinese lithium industry is getting ready for this coming tide. Ganfeng Lithium is working on security of supply and making deals to get access to the strategic commodity. Ganfeng holds strategic stake in International Lithium and finances the development of our two J/V projects in Ireland and Argentina.
International Lithium and Ganfeng: China’s Lithium Battery Market to Quadruple to $8.7 Billion in 2025.
This is where we are going: International Lithium is building the supply chain for Ganfeng Lithium and is part of this vertically integrated lithium battery business in China. Ganfeng Lithium finances J/V projects with International Lithium in Ireland and Argentina and we have the very encouraging news coming out. Western Lithium has taken out Lithium Americas with Cauchari lithium brine project and as you can see on the map below we have just a very few Salars left without ownership by major lithium player. Read more.
We have great news today from our both J/V projects with Ganfeng Lithium! You already know about my personal vision for the lithium industry and our strategic partnership between International Lithium and Ganfeng Lithium from China. Now we have results coming in from our exploration and development programs.
The Financial Express:
China Prepares ‘California-style’ Scheme For Electric Cars.