Lithium is getting hot in Europe now after the best advertisement campaign by Volkswagen DieselGate for Electric Cars. LG Chem, Mercedes, A123 and BMZ are already building lithium batteries factories in Europe and Volkswagen is joining the lithium race. The size of investment $11.2 billions is more than twice of Tesla Gigafactory $5 billion, but we do not have any production capacity data yet. Tesla Gigafactory plans to produce 35 GWh of lithium batteries and Europe's largest so far, before Volkswagen plans - was BMZ production facility with total planed capacity of 30 GWh.
The most interesting is the mentioning of Lithium Solid State technology. Now we have Elon Musk working on it at Tesla Gigafactory, Dyson has promised $1 billion of investment to commercialise Sakti3 LSS technology and now Volkswagen can throw another dozens of billions of dollars to fuel lithium race. The result will be mass production of lithium batteries and prices falling down to $100 per kWh and cheap lithium batteries change everything.
Cheap Lithium Batteries Change Everything: EVs Sales Rising Exponentially And Solar Energy Storage Next.
"InsideEVs brings to our attention the major driving force behind the exponential growth of sales for EVs from the very low base. Cheap lithium batteries change everything. Tony Seba is the best to explain why all cars will be electric by 2030.Elon Musk with Tesla Motors is doing this trick and now Tesla Model 3 will ignite the real transition to the best cars which just happen to be electric.
Oil and Auto industry are poisoned by their own toxic cancer hazard emissions from diesel and gas powered ICE engines and still in denial at their own peril about the dramatic shift in technology announced by Elon Musk last month. Now even truly rEVolutionary estimations for the cost of lithium batteries by Tony Seba are not relevant any more.
Elon Musk has announced that Tesla can already produce lithium battery with all-in cost of $190 per kWh. Mass production of batteries at Gigafactory will bring cost even lower, next stage will be Lithium Solid State with prices at $100 per kWh and Tesla Model S and X with over 500 miles range. I believe that Elon Musk is already working on LSS at Gigafactory. Dyson has joined the lithium race as well and bought out Lithium Solid State pioneer Sakti3 with promise to invest $1 Billion to commercialise this technology. Lithium Air is still years away from the field applications, but this lithium technology promises to bring us batteries with cost below $100 per kWh and electric cars with 1,000 miles range. Solar Energy Home and Utility Storage Systems will benefit next from this dramatic decrease in technology cost and will become even larger market for lithium based batteries. We are talking here about disruption of $4 Trillion Transportation and $8 Trillion Energy Industries. Lithium is the magic metal at the very heart of this Energy rEVolution.
International Lithium continues to build vertically integrated lithium business with $4.5 Billion MC giant from China Ganfeng Lithium and now we have 3 Lithium projects in our Upper Canada Pool to secure lithium supply for the West and North American market. Read more."
How Do You Call Lithium In Germany? German Firm Opens First Phase Of Europe’s Biggest Battery Factory.
Germany is rushing into the lithium race after Volkswagen's best advertisement campaign for electric cars. BMZ lithium battery factory is not as big as Tesla's Gigafactory, but total amount of lithium batteries at 30 GWh is very impressive. Tesla Gigafactory will produce 35 GWh and it was the total amount of lithium batteries all world has produced in 2013! We are in the generational switch from 2 to 7,000 and it will be the groundbreaking catalyst for lithium technology. Mass production of batteries will bring costs down and cheap lithium batteries will change everything for $12 Trillion Transportation and Energy Industries. Tesla Model S has already outsold all great German auto luxury brands: Audi 8 BMW 7 and Mercedes S Class in 2015! So how do you cal Lithium in German once again? Read more."
Ireland Lithium For Europe: ILC And Ganfeng - Germany Plans $1.4 Billion In Incentives For Electric Cars.
This is really big news for us at International Lithium and Ganfeng - finally Germany is putting its act together. CNBC is on all morning on Volkswagen - New York Times reported that there was a Power Point Presentation in 2006 how to cheat on emissions. It is only the beginning of AutoGate - all autos cannot comply with any limits in the real driving conditions. Now Mercedes is under investigation, FIAT, PSA Peugeot, Mitsubishi was rigging fuel consumption data from ... 1991! What does it mean? It means that when you account all costs properly Electric Cars are already cheaper than ICE age once with much better performance. The problem is that we do not have enough good ones. People are buying all they can get from Tesla Motors. Tesla Model S has already outsold in Europe Audi 8, BMW 7 and Mercedes S in 2015!This is the real news without hype: people will buy more EVs now. Germany is igniting the EV boom in Europe's largest auto-market. India, Norway, Netherlands and Austria are all considering banning any new ICE cars to be sold in 2020s! Now the question is how to build millions of electric cars and fast. Daimler, LG Chem and A123 are building lithium batteries factories in Europe now. Tesla is talking to Germany and France on the next Tesla Gigafactory 2 location in Europe. From the last year I am calling for Elon Musk to come to Ireland where we are developing Avalonia J/V with Ganfeng Lithium. In my very personal opinion Ganfeng should be building its own lithium production plant in Ireland right at the doorstep of Europe. After Apple's melt down on the slowing sales of iPhones there are a lot of calls for it to buy into the Next Big Thing and buy Tesla. The automakers that can strike a strategic alliance with Tesla Motors and buy Tesla Model 3 lithium technology and power-trains will make millions of electric cars and take the market over. Will it be China again with its military plan to dominate the post carbon economy after this Next Industrial rEVolution in Energy?
International Lithium And Ganfeng Lithium Commence Drilling At The Avalonia Lithium Project, Ireland.
Volkswagen has made the best advertisement campaign for electric cars and Elon Musk with 325,000 orders for Tesla Model 3 in one week has shown that people are ready to buy best electric cars. Now we have a very good problem: how to make millions of EVs for all of us and fast. While Elon Musk is negotiating the best next location for Tesla Motors Factory and Gigafactory 2 in Europe, LG Chem, Daimler and A123 are all building lithium batteries facilities in EU already. Ganfeng Lithium has avery strong presence in Europe and now we are knocking on the doors to the one of the largest auto-markets in the world and building together Vertically Integrated Lithium Business to feed the Energy rEVolution. At international Lithium we have started early and acquired Avalonia lithium project in 2009. Now after years of due diligence by Ganfeng Lithium and millions of dollars in investments into the project we are drilling the defined targets to make the next step towards the economic assessment of the deposits on our property. Our J/V is fully financed by giant from China Ganfeng Lithium. Now International Lithium has active ongoing developments on all three continents: with Ganfeng Lithium from China in Ireland and Argentinaand with Pioneer Resources from Australia in Canada.
"Mr. Kirill Klip, President, International Lithium Corp. comments, “The Avalonia project joint venture, fully funded by strategic partner Ganfeng Lithium Co. Ltd., (“GFL”), could be of strategic importance to the European Union should a sufficient resource be identified. Clean fuel technologies for motor vehicles are becoming increasingly important to the European Economic Community to tackle climate change and the air pollution crisis in major urban areas. Lithium technology will play a major role when it comes to providing batteries for communication devices, electric vehicles and utility storage systems. Renewable sources of energy such as solar and wind power will also benefit from lithium battery technologies and become more commonplace as the problem of intermittency will be addressed providing steady power from these sources 24/7.” Read more.
Electric Vehicle News:
Volkswagen planning €10 Billion battery Gigafactory
"Volkswagen is considering building a multi-billion-euro battery factory as part of a major expansion of its electric-car portfolio, Handelsblatt has learned from company sources.
The factory would allow VW to operate independently of Asian firms like Panasonic, LG and Samsung that have dominated the battery market to date.
VW Chief Executive Matthias Müller and his team are currently working on a new strategy to increase electric car sales in the coming 10 years to 1 million. The non-executive supervisory board will consider the plans before the Wolfsburg-based firm’s annual meeting on June 22.
The aim of the new plans in part is also to put the recent “Dieselgate” scandal over cheating emissions tests behind it. The hope is that focusing on battery technology and electric cars can help the beleaguered company make a fresh start and improve its negative image.
German news agency DPA said it was told such a facility could cost up to 10 billion euros ($11.2 billion), with Salzgitter in the German state of Lower Saxony being a likely location for the unit.
Building a new battery factory would also allow VW to take a leadership role in the development of the new technology. The company’s executive board looks likely to approve the plan, which is also supported in principle by the works council and the state of Lower Saxony, its major shareholder, sources said.
VW invested in solid-state battery startup QuantumScape in late 2014 and have publicly statedthey expect the technology can deliver 700 km range. VW is also targeting a 66 percent cost reduction by using a single battery module design for all of its electrified vehicles.
“We want to launch a major initiative, one that will put us at the top of the industry,” said one insider familiar with the plans.
To date one of the main reasons established automakers have been reluctant to move into high volume EV manufacture is having to outsource battery production. Where the largest cost component in an internal combustion car is the engine itself, which virtually all automakers build in-house, in an EV it is the battery that is the most expensive component. Automakers need to vertically integrate battery production into their manufacturing process in order to make EVs profitable."