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.
Lithium Race: Elon Musk Believes The Model X Will Double Tesla's Sales.
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. Read more.
Tesla Gigafactory: Lithium Supply Threatened by Scandal in Chile.
Finally the news about the geopolitics of lithium supply and SQM are getting out. The security of Lithium supply becomes crucial for the exponential growth of EVs and Solar Energy Storage. You can find more information on my blog about the shortages coming to the very tight lithium market even before Tesla's Gigafactory is coming on-line. Ganfeng Lithium finances the development of International Lithium J/V projects in Argentina and Ireland and holds the strategic stake in our company. Read more.
International Lithium Corp. Updates on Drilling Programs in Argentina and Ireland.
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.
Bloomberg:
"Tesla Motors Inc. expects to start selling its Model X sport utility vehicle in China in the first half of next year after first introducing it in the U.S. this quarter.
The electric-car manufacturer is also opening five to six new showrooms by the end of this year, bringing the total number in China to about 15, Gary Tao, a Beijing-based spokesman for Tesla, said by phone. The new outlets will be located in the center of cities like Beijing, Shanghai and Guangzhou to raise Tesla’s visibility, Tao said.
Tesla’s new SUV may help it boost sales in China, where such vehicles remain the fastest-growing segment at a time when demand for automobiles is slowing amid a weak economy and stock market volatility. The company faces challenges in a country where sales of its Model S sedan have been dogged by cancellations and concerns about the ease of charging.
The new Model X will double the company’s sales volume, Chief Executive Officer Elon Musk said last week. Tesla is counting on the new SUV to reach a goal of selling 55,000 of its all-electric vehicles worldwide this year. The company, which currently sells only the Model S sedan, delivered 21,552 cars in the first half of 2015, or about 40 percent of the company’s overall goal.
To boost its service to Chinese customers, Tesla has appointed more than 20 local workshops to provide service and bodywork repairs, Tao said. Tesla has more than 1,400 destination charging stations in China and is working to boost the number of superchargers, or ultra-fast power points, Tao said."
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