We have first pictures for Tesla Model 3 now and mass market for electric cars is coming in the fast lane with GM Bolt and Tesla Model 3 driving the Lithium Technology Energy rEVolution right onto the streets near you.
"This point of no return was reached not only because of the exponential take off, finally, in sales of EVs. It was made by Elon Musk alone. Tesla Gigafactory, when Musk has committed billions of dollars with the total lack of any Wall Street accepted visibility, has changed everything. Our Holy Grail for Electric Cars is approaching very fast now. Mass market for EVs will be ignited by the dramatically reduced cost for Lithium Batteries - $100 per kWh will come with the mass production of batteries. Elon Musk has started the Lithium Race. I am writing a lot about Lithium Batteries Megafactories coming now from Foxconn, BYD, LG Chem, Boston Power, Samsung and A123. You can find all these information on my blog, just use the search engine.
My personal formula for the mass market for electric cars is 20/200. When you pay $20k for 200 miles range electric cars similar to BMW 2. It will literally kill ICE (Internal Combustion Engine) cars. The average price paid for the new car in U.S. was $23k last year. Will you pay for any ICE cars - if you can have more powerful electric one and run it so much cheaper or even almost free of charge like in the case with Tesla with Tesla Superchargers? We will not have even to consider any more any air pollution which is killing us all or call to the higher consciousness - economics will do the job. Disruption will happen very fast. People will buy what is better and cheaper - electric cars. Read more."
InsideEVs: Close to the Model 3 reveal, Tesla officially re-confirms $35k pricing.
InsideEVs reports, that rumours that Tesla Model 3 will not be unveiled in Geneva at the very beginning of March, as it was reported by Elon Musk before, are true. Now we will learn more about Tesla Model 3 "only" at the end of March. But we have more important news today: it is great to see that the pricing before the incentives is confirmed at $35k. Let's the first price wars for electric cars begin between GM Bolt and Tesla Model 3. This aggressive pricing means that in U.S. Tesla Model 3 will be sold below $30k and in some U.S. states even as low as $22k! Colorado will be that magic place to go and buy Tesla where you will get $6k of state tax credit on top of $7.5k federal tax credit. We are getting very fast in this lithium race to my magic 20/200 formula for the mass market for EVs. Read more."
"We are entering into the new phase of The Next Industrial rEVolution, when electric cars will grow exponentially from the very low base of 0.8% of total sales in the world. Just in China alone 26 companies are now making 51 models of electric cars. China has become the largest lithium market in the world, moves to claim the largest lithium battery market next and will become the largest electric cars marker in the world this year. Lithium is the magic metal at the very heart of this Energy rEVolution."
International Lithium is building vertically integrated lithium business with Ganfeng Lithium. Read more.
"The Salt Lake Tribune gives us today a very good summary of what we already know about Tesla Model 3 and I will provide a few links to show why this Lithium Race to mass market for electric cars is picking up speed and we have reached the point of no return. Lithium is the magic metal at the very heart of this Energy rEVolution and cheap lithium batteries change everything. Read more."
"The price is right. The base model will cost $35,000, reportedly before government incentives, which in the United States range from $7,500 to more than $13,000, depending on the state."