InsideEVs reports that Tesla Model S was the best selling electric car in the world in December 2015. Even being much more expensive, it has overtaken Nissan Leaf and confirms the trend that we have discussed before: consumers are ready to pay for the quality. Mitsubishi Outlander PHEV was third in December, followed by BYD's QIN. BYD backed by Warren Buffett has already become the number one in the world EV producer and China is solidly on track to become the largest electric cars market in the world. We need better electric cars priced around $30k - GM Bolt and Tesla Model 3 will ignite the mass market for EVs now in the West. The next wave for EVs is coming from China now: 28 companies are already making 51 models of electric cars.
"Even before Tesla Gigafactory is coming online in 2017 we have already "Lithium Market Upheaval in China". My outrages Lithium price of $15 per MT of LCE in 2016 is not so dramatic any more: Joe Lowry has recently reported that LiOH is priced in some deals in China at $20k per MT already. Time is to check where all this lithium goes into before BYD, Foxconn, Boston Power, Samsung and A123 with their Megafactories plus 17 new startups in Lithium Batteries in China are coming online. As you can see, from the data provided by ChiaAutoWeb Electric Cars in China are already growing very fast in numbers of different models and sales. BYD backed by Warren Buffett is holding the first place and I expect China to become the largest electric cars market in the world early this year. It is all happening very fast even before Tesla has moved to build its tesla Model 3 in China. International Lithium is building vertically integrated lithium business with Ganfeng Lithium. Read more."
"Elon Musk is looking for the Tesla Motors factory place in China and the production could be started in 3 years time. He is going where the largest auto-market is and China will welcome him with open arms. We have the state-level military plan to build the new strategic industry in China - Electric Cars in action. Why compete with ICE Age dinosaurs if China can leapfrog straight forward into the Next Industrial Energy rEVolution? 75% of Lithium Hydroxide is controlled by China now, it goes into Tesla Motors lithium cells made by Panasonic. Ganfeng Lithium supplies Panasonic with lithium materials as well as Warren Buffett's backed BYD, LG Chem and Samsung among many others. International Lithium is building vertically integrated lithium business with Ganfeng Lithium. Watch the video"
Tesla Model S Was World’s #1 Selling Plug-In Electric Car In December 2015