Lithium Race To Survive The Electrification: "Why China Can Ban Non-Electric Cars And Not California?"

Governor of California Jerry Brown is asking the right question. Is it possible that California can ban non-electric cars? It will be the huge endorsement for its own economy which is home not only to Tesla Motors, but Apple, Google and other tech giants who are looking at the next trillion dollar business to disrupt. Electric cars provide this opportunity, but can it be really done now in the U.S.? 

The answer will determine the speed of geopolitical shift in power balance when China will be leading the world into Post-Carbon Economy. The Old Empire which was built on the basis of a Century of Oil as a source of Energy Domination, military control of ICE Age supply chains and $20 Trillion debt accumulated in order to manage its decline is coming to the end. 

Energy rEVolution will be happening anyway, now it is time to decide who will join it in time to survive this disruption. DIEsel engines will only be the first and not the only victims of this transition now. China is building supply chains for Energy rEVOlution with military discipline. China already controls 75% of lithium supply materials for the batteries driving this Electrification of Transportation and Energy sectors.

For years we are following here Apple iCar, Google and Foxconn among many others working on the different parts of electric cars technology or the new electric cars. Now we are reaching the tipping point: convergence of technology, new players who bring competition and prices down; and anti-pollution movement by the most important countries for the automakers. DIEselGate was the last drop and auto lobby cannot just swipe it under the rug anymore, consumers are not buying "Clean DIEsel". Now automakers will have to change or the newcomers like Tesla or, maybe, even Dyson will start taking their market share from them very fast. 

Needless to say that lithium supply chains are not even close to the coming Tsunami of electric cars after Tesla Model S Earthquake. Countries like China and India are very serious to clean up their skies from deadly pollution and now we have lithium technology to make it possible: electric cars will take the world over much faster than a lot of people think.

Electrification of China and India will drive the next phase of the worldwide growth in EV fleet. India has announced that all new cars on sale will be electric by 2030 and they are taking it seriously making the first tender for 10,000 EVs to be supplied for the government ministries and agencies now. Transfer of the best technology for Lithium Batteries and Electric Cars will be next. China is already The Centre of The Lithium Universe and exercises its state-level New Energy Plan step by step with the military discipline, starting with securing a Lithium Supply Chain.

LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.

All latest information is available in Company's filings on SEDAR www.sedar.com

Back Into The Future - Lithium Will Power Us For The Next 50 Years And Then Robots.

Lithium Race: Which Will Be The First Country To Ban Fuel-Burning Cars: Norway, Netherlands, Germany, India or China?

  Dr. Joe Romm provides us with more information on the recent decision of German Bundesrat to ban fuel-burning cars. This tipping point for electric cars to become the fast-growing mass market is the result of the technological advance called "The Learning Curve" when doubling of production brings on average 26% in cost reduction. It is true for the price of Solar PV, it is even faster for the chip makers and for Lithium Batteries Bloomberg reports about 14-19% cost reduction every year.

  Now we are in the fast lane approaching this transition with first electric cars priced below $40k and with a range of over 200 miles coming to the market: GM Bolt and Tesla Model 3. BMW i3 with the new larger battery, Renault Zoe with 400 km range and Nissan Leaf with upgraded battery are driving the sales in Europe and China stands on its own with 25 companies making 51 models of electric cars. 

  Lithium Technology is here and the best electric cars will become only cheaper and better. Bloomberg estimates 2022 - 2026 when EVs will reach parity with ICE on capital cost alone. I will translate: depending on the country from 2022 electric cars will become cheaper to buy than comparable ICE ones. They will provide much better performance, safety and fraction of running cost to operate. This progress is inevitable and Tesla shows what is coming with Tesla Model S outselling ALL luxury sedan brands in the U.S. and Western Europe by a very wide margin. In the Q3 of this year, Tesla Model S sales were almost double of Mercedes S-Class and more than double of BMW 7!  

  And, finally, as Dr. Joe Romm is pointing out that governments start to wake up to the horrible cancer hazard air pollution on our streets from fuel-burning cars and voices for the ban of such cars are louder and louder.  We can already add Netherlands to his list of countries and I have put China there as well. Masters of the asymmetric warfare Chinese will definitely capitalize on the advance they have managed to gain with their New Energy Plan at the right time. China has the largest EVs market in the world, Warren Buffett-backed BYD is the largest manufacturer of electric cars, Chinese companies are the largest lithium chemicals producers for the lithium batteries already. Lithium Megafactories are rising with billions of dollars in investments and they are buying the best lithium projects to secure supply of this critical metal.
  If and when China will ban fuel-burning cars remains the speculation at this moment, but it will change the geopolitical landscape overnight making many Trillions of dollars in assets in the West worthless and some major companies literally shrinking in size within a year or two. We will have more Chinese names at the top of the World's largest companies for sure and size of the Chinese economy will jump reflecting the new growth based on the manufacturing base of the 21st century. This Energy rEVolution will be very fast and brutal to those unprepared. It is time to check your portfolios in order not to get caught in "The Death Spiral" - like Fitch is predicting for the oil companies. And whoever would like to start new trade wars should be thinking twice and long-term in advance, like China is doing building secure lithium supply to power new Energy Plan and Electric rEVolution. With the diminishing role of Oil as the only source of Energy, will our world be able to have a peaceful transition to the new order? I will leave these worries to our brave politicians, you should think about your investments and on which side of the history you would like to be to make the difference. You can find my chronicles of this Energy rEVolution on this blog and below are some links for your own research including the Dr. Joe Romm article. Read more."

The New York Times:

California Today: Should California Ban Non-Electric Cars?

Mike McPhate

CALIFORNIA TODAY

Good morning.

(Want to get California Today by email? Here’s the sign-up.)

What if California did away altogether with cars powered by fossil fuels?

Gov. Jerry Brown is said to have considered the question. According to a report in Bloomberg, he asked a state regulator about a plan by Chinato phase out sales of fossil-fuel vehicles.

“I’ve gotten messages from the governor asking, ‘Why haven’t we done something already?’” said Mary Nichols, chairwoman of the California Air Resources Board. “The governor has certainly indicated an interest in why China can do this and not California.”

The remarks have thrilled environmentalists who see tailpipe pollution — accounting for about a third of total greenhouse gas emissions — as a bane to both air quality and the climate.

“It’s an important conversation to have and we’re glad it’s starting to get some traction,” said Gina Coplon-Newfield, who heads the Sierra Club’s clean transportation unit.

For now, conversation is all it appears to be.

A spokesman for the air resources board, Dave Clegern, declined to say whether officials were serious about a ban.

“Given the existential challenge we face,” he said in a statement, “the administration is looking at many, many possible measures.”

If California did pursue a ban, a number of questions would have to be worked out.

Would it roll out in phases? Would it apply also to hybrids that use both gas and electricity? And how would people afford the more costly cars?

Industry experts said any ban would require a broad expansion of charging stations, as well as upgrades to the electrical grid.

Such obstacles haven’t stopped other governments.

India, France, Britain and Norway have all moved toward phasing out diesel and gas fueled cars.

Kerry Jackson, a fellow at the Pacific Research Institute, a free-market think tank in San Francisco, said Ms. Nichols’s comments were more evidence a state held captive to overzealous environmentalists.

“The reaction is like, ‘Gee, somebody has been reading The Onion and they got taken in by the parody,” he said. “But then it fades a little bit and you go, ‘Yeah, this is California.’”

There’s also another matter: Consumers haven’t exactly embraced electric vehicles.

While Californians have been the nation’s leading adopters, electric vehicle sales in the state amount to less than five percent of the total.

“I think really the lag here is consumers,” said Jessica Caldwell, an analyst at Edmunds. “For the automakers, they have to balance the lawmakers’ desires versus what they can actually sell.”

Lithium Race: The Switch Is On - China Sets New Deadline For Electric Car Quota From 2019.

We have finally actual steps taken by China in its transition into the Post Carbon Economy and leaving literally The ICE Age in the poisonous dust behind. China is The Centre of The Lithium Universe and now they are ready to start geopolitical shift which will affect everything. BYD is talking about China going all electric from 2030, but today we have the first major step in that direction with an introduction of a quota for electric cars from 2019. In short two years time, all automakers in China with over 30,000 cars in annual sales will have to produce at least 10% electric cars. It can be translated in over 2.8 million new electric cars in China being sold in 2019! Last year China has seen the fastest growth pace in three years with total auto sales climbing to 28.03 million cars. From 2020 automakers will have to produce 12% of electric cars.

Now we have a better understanding why Ganfeng Lithium: JV partner of International Lithium - was going vertical last few months. This kind of news is travelling very fast in the state corridors of power in China. This geopolitical move will have very wide political and economic implications as we have discussed it here for a long time. China is very well positioned to take the lead now and the ICE Age Of Oil is officially over.

We are reaching the tipping point this year: convergence of technology, new players who bring competition and prices down; and anti-pollution movement by the most important countries for the automakers. DIEselGate was the last drop and auto lobby cannot just swipe it under the rug anymore, consumers are not buying "Clean DIEsel".

Needless to say that lithium supply chains are not even close to the coming Tsunami of electric cars after Tesla Model S Earthquake. Countries like China and India are very serious to clean up their skies from deadly pollution and now we have lithium technology to make it possible: electric cars will take the world over much faster than a lot of people think.

Electrification of China and India will drive the next phase of the worldwide growth in EV fleet. India has announced that all new cars on sale will be electric by 2030 and they are taking it seriously making the first tender for 10,000 EVs to be supplied for the government ministries and agencies now. Transfer of the best technology for Lithium Batteries and Electric Cars will be next. China is already The Centre of The Lithium Universe and exercises its state-level New Energy Plan step by step with the military discipline, starting with securing a Lithium Supply Chain.

LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.

All latest information is available in Company's filings on SEDAR www.sedar.com

DW:

China sets new deadline for electric car quota

China has set a 2019 deadline for global carmakers to meet new quotas for so-called New Energy Vehicles (NEVs), meaning their annual sales in China must hit a specific threshold of electric cars or plug-in hybrids. 

China will require automakers to comply with a cap-and-trade auto emission rule starting from 2019, the Ministry of Industry and Information Technology announced on Thursday. Car companies with annual sales of more than 30,000 vehicles would have to meet a quota of 10 percent being New Energy Vehicles (NEV's), meaning all-electric battery vehicles or plug-in hybrids, it said in a statement.

That level would rise to 12 percent of sales in 2020, the ministry added, and automakers which weren't able to meet the quota would have to buy credits.

Originally, Beijing planned for a quota of 8 percent to be introduced already in 2018. But global automotive manufacturers wrote to the Chinese authorities in June, saying the quota was "impossible" to achieve and urging a softening of the proposal.

Industry pushback

The June 18 letter was the most cohesive pushback yet from the industry against ambitious NEV targets in the world's biggest auto market. The strict new rules also included harsh penalties for non-compliance, such as the cancellation of licenses to sell non- electric cars in China.

"At a minimum, the mandate needs to be delayed a year and include additional flexibilities," auto industry officials demanded.

They also called for equal treatment of Chinese and foreign makers. Currently foreign carmakers are excluded from getting full subsidies for NEV's and batteries, leaving foreign manufacturers at a disadvantage.

Chinese manufacturers are the biggest producers of electric vehicles worldwide, making 43 percent of the total last year, according to consultancy McKinsey & Co.

European carmakers such as Daimler have responded to the Chinese proposals by announcing plans to ramp up local production of electric cars. US e-car pioneer Tesla said it was in talks with the Shanghai Municipal government to try to avoid a 25 percent tariff on imported vehicles.

Foreign manufacturers also wanted more credit given to plug-in hybrid cars, and for carmakers to be allowed to "bank" credits accrued from already sold cars as well as to "carry forward" credits into subsequent model years.

It wasn't immediately clear from the Ministry's statement whether those demands would be met in the new legislation."

Lithium Race Cleaning The DIEselGate: Vacuum Cleaners Maker Dyson To Make Electric Cars From 2020.

Sir James Dyson accused the mainstream car industry of polluting the world with DIEsel emissions. The most important message here is that Tesla is not alone anymore and numerous companies in the West are looking at the Next Big Thing - electrification of transportation and energy and how to participate in it. Cheap lithium batteries change everything and relatively simple powertrain architecture of electric cars can bring the new competition to the auto space and drive prices of electric cars further down. We are entering the mass market stage for electric cars.

For years we are following here Apple iCar, Google and Foxconn among many others working on the different parts of electric cars technology or the new electric cars. Now we are reaching the tipping point: convergence of technology, new players who bring competition and prices down; and anti-pollution movement by the most important countries for the automakers. DIEselGate was the last drop and auto lobby cannot just swipe it under the rug anymore, consumers are not buying "Clean DIEsel". Now automakers will have to change or the newcomers like Tesla or, maybe, even Dyson will start taking their market share from them very fast. 

In case of Dyson, its very big investment in the Lithium Solid State technology is the most interesting. This technology promises the dramatic increase in range for electric cars while cutting the costs of lithium batteries and making them safer. You can find more information on the links below.

Needless to say that lithium supply chains are not even close to the coming Tsunami of electric cars after Tesla Model S Earthquake. Countries like China and India are very serious to clean up their skies from deadly pollution and now we have lithium technology to make it possible: electric cars will take the world over much faster than a lot of people think.

Electrification of China and India will drive the next phase of the worldwide growth in EV fleet. India has announced that all new cars on sale will be electric by 2030 and they are taking it seriously making the first tender for 10,000 EVs to be supplied for the government ministries and agencies now. Transfer of the best technology for Lithium Batteries and Electric Cars will be next. China is already The Centre of The Lithium Universe and exercises its state-level New Energy Plan step by step with the military discipline, starting with securing a Lithium Supply Chain.

LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.

All latest information is available in Company's filings on SEDAR www.sedar.com

Back Into The Future - Lithium Will Power Us For The Next 50 Years And Then Robots.

Vacuum Maker Dyson Appears To Be Developing An Electric Car After Buying Lithium Solid State Battery Technology.

Fortune.

  "Our Energy rEvolution place is getting crowded with Elon Musk and Warren Buffett quietly adding billions by disrupting $12 Trillion Energy and Transportation business. Now Sir Dyson is breaking in. Lithium technology is making Electric Cars, Solar and Wind possible to be packaged together by Smart Grids and deliver the real energy security. Cheap Lithium Batteries change everything. Next step will be Lithium Solid State and after that Lithium-Air batteries. Why Lithium and why it means that all cars will be electric very soon is on the links below. Read more."

BBC News:

Dyson to make electric cars from 2020

By Ian PollockBusiness reporter, BBC News

Image copyrightHEATHCLIFF O'MALLEY

Image captionSir James Dyson accused the mainstream car industry of polluting the world with diesel emissions

Dyson, the engineering company best known for its vacuum cleaners and fans, plans to spend £2bn developing a "radical" electric car.

The battery-powered vehicle is due to be launched in 2020.

Dyson says 400 staff have been working on the secret project for the past two years at its headquarters in Malmesbury, Wiltshire.

However, the car does not yet exist, with no prototype built, and a factory site is yet to be chosen.

Sir James declined to give further details of the project. "Competition for new technology in the automotive industry is fierce and we must do everything we can to keep the specifics of our vehicle confidential," he told staff in an email.

Important points that are undecided or secret include the firm's expected annual production total, the cost of the car, or its range or top speed.

Sir James said about £1bn would be spent on developing the car, with another £1bn on making the battery.

---

Analysis: Richard Westcott, BBC transport correspondent

It was a slightly unusual launch, but then, Sir James Dyson likes to be different.

In a small room above his swanky London shop he told us about his vision for a clean car. 

First up, we were treated to an old clip of Blue Peter, from the 90s, where Anthea Turner interviewed him about his new device to clean soot from the exhaust of diesel vehicles... it was the cyclone from his vacuum cleaner, put to a different use.

"That is how long I have wanted to do this," he told us.

In fact he first hatched the idea in the late 1980s.

Since then, he has developed motors and batteries and now he is able to bring all that expertise together in a new, electric car. 

He promised that it will be radical and different, because, as he put it, what is the point of making it like any other car?

And he promised that it will not be cheap.

I did ask how much it would be to put down a deposit... he told me he would have to think about it.

---

Further development work will take place at a former RAF base at Hullavington in Wiltshire, where staff will move to in February.

Sir James also said that his firm's car would look "radical and different", but will not be aimed at the mass market.

The motor is designed and ready to go, he said, but the firm is still designing the car. 

Dyson's decision means it is joining the rush within the global car industry to develop and make electric cars.

Image copyrightAFP

Image captionDyson hopes to challenge other electric car manufacturers such as Tesla

Some manufacturers such as Nissan, Tesla, Renault, BMW and Hyundai already manufacture them.

Others such as VW, Volvo, Mercedes, Honda and Jaguar Land Rover have announced plans to sell electric or hybrid versions of their existing petrol and diesel engine ranges. 

VW, for instance, plans to spend 20bn euros (£17.5bn) by 2030 to develop its battery powered vehicles. 

Sir James said he had been interested since 1990 in developing filtration technology to stop vehicle diesel emissions polluting the environment.

But as the motor industry had shown no interest in adopting this idea, he would instead join the fast-growing trend to make electric vehicles.

---

Analysis: Theo Leggett, BBC business correspondent

The electric car market is growing rapidly, but it is also about to become a lot more crowded.

Within the next few years, many new models are due to come on to the market, including Jaguar's Ipace, Porsche's Mission E, Volkswagen's I.D. family and Mercedes' EQ range. Tesla also has big plans for its recently launched Model 3.

They will be joining established models such as the Nissan Leaf, the BMW i3, the Renault Zoe and the Tesla Model S.

Dyson clearly sees an opportunity here. As new designs become available, and prices come down, more consumers will be willing to try electric vehicles. 

Policymakers, concerned about air pollution, want them to do just that.

The big question is whether Dyson can muscle in on territory that the major manufacturers are already trying to make their own. And let's not forget Google's designs on the electric/self-driving market.

Tesla was able to build a new car brand from scratch, but only by producing a design which effectively moved the goalposts and changed people's expectations of what an electric car could provide.

If Dyson wants to play with the big boys, it may have to pull off a similar trick."

Lithium Race: First Look At Tesla Model 3 - The Best Affordable Electric Car To End The ICE Age Is Here.

Now Tsunami of Tesla Model 3 is coming to start the real mass market for EVs after Tesla Model S earthquake which has shaken all auto industry to its core. Disruption. DIEselGate cannot be contained and electric cars will take the world over by storm. Elon Musk is talking about the projected sales for Tesla Model 3 estimated at over 700,000 units per year. Next shock is coming to the SUV market - electric compact SUV Tesla Model Y is coming on to take the most lucrative part of the market from the grip of ICE Age technology.

"Tesla Earthquake Aftershock: Lithium Supply Chain Market Is Not Even Close To Being Ready For The Coming Electric Cars Tsunami." - translation is on the links below on my blog. I will help your research with another digest. Energy rEVolution is very hard to miss now, but the intensity of continued Oil and ICE Age auto-lobby disinformation propaganda tells me that serious money is still to be made in this Next Industrial rEVolution. 

The Lithium Technology is here. It took all humankind history to reach 1 million electric cars on our roads by 2015 and then just over a year to double it to 2 million units in the EV fleet in 2016! This is called exponential growth and we are at the very beginning of it. We have just crossed 1% of electric cars sales share for worldwide auto sales and electric cars are still just 0.2% of the total number of cars in the world. We have a long way to go to all new cars being electric, but it can be much faster than a lot of people think: Lithium Race At IMF: "Electric Cars Can Replace Motor Vehicles In The Next 10 To 25 Years."

Lithium Race: Tesla Model S Brought An Earthquake To The ICE Age Auto Industry, Now Tsunami Of Model 3s Is Coming ...

The most important message in this video is the presenter - the future belongs to the new generation and they will be buying electric cars. "I am a geek. I have never liked cars, I have never been a fan of cars until Tesla". Tesla Model S brought an earthquake to the ICE Age auto industry and Elon Musk has demonstrated that the best cars can be electric. Now tsunami of Tesla Model 3s is coming ... "We had the best electric cars and we had affordable electric cars, now we have the best affordable electric car." Watch the video.

"The cost of lithium batteries is going down very fast and I believe that fully electric cars will rule the world very soon. Tesla Model 3 with 65 kWh lithium battery provides over 200 miles of range and will become the standard in the industry with its mass volume production from this July. There is around 60 kg of LCE (Lithium Carbonate Equivalent) in one Tesla Model 3 battery. We will need 36 Million Tonnes of LCE to be produced by 2040 to put this IEA plan into life. 

To put it into perspective, the total lithium production last year was around 200,000 T of LCE. Now you can better understand why there is the real cut throat competition for the security of lithium supply which is still hidden from the most of the people by the clouds of toxic cancer hazard fumes emitted by all DIEsel cars on our roads. ICE (Internal Combustion Engines) are on the way out, all cars will be electric very soon and we are facing the total disconnect between the coming demand for lithium and the available supply. Read more."

Lithium Race And Tesla Earthquake Aftershock: Coming Electric Cars Tsunami - Electrification Of China And India.

Lithium Race And Tesla Earthquake Aftershock: Coming Electric Cars Tsunami - Electrification Of China And India.

Kirill Klip, Executive Chairman International Lithium Corp.


International Energy Agency is finally seriously promoting electric cars. This brilliant infographic gives us the sense of what is really happening in the EV space now. I will give you another headline: "Tesla Earthquake Aftershock: Lithium Supply Chain Market Is Not Even Close To Being Ready For The Coming Electric Cars Tsunami." - translation is on the links below on my blog. I will help your research with another digest. Energy rEVolution is very hard to miss now, but the intensity of continued Oil and ICE Age auto-lobby disinformation propaganda tells me that serious money is still to be made in this Next Industrial rEVolution. 

The Lithium Technology is here. It took all humankind history to reach 1 million electric cars on our roads by 2015 and then just over a year to double it to 2 million units in the EV fleet in 2016! This is called exponential growth and we are at the very beginning of it. We have just crossed 1% of electric cars sales share for worldwide auto sales and electric cars are still just 0.2% of the total number of cars in the world. We have a long way to go to all new cars being electric, but it can be much faster than a lot of people think: Lithium Race At IMF: "Electric Cars Can Replace Motor Vehicles In The Next 10 To 25 Years."

Norway already has a 29% share of electric cars sales;

Netherlands - 6.4%; 

Sweden - 3.4%; 

China, France, UK - 1.5% (each);

U.S. - 1.4%.

Now with an introduction of Tesla Model 3, this growth in EV sales will be dramatically accelerated. Tesla Model S and X comprise 45% of all electric cars' sales in the US this year! They are the best electric cars, but also the most expensive. Somebody has put it brilliantly about Tesla Model 3: "We had the best electric cars and we had the affordable electric cars. Now we have the best affordable electric car". The other more than 200 models of electric cars coming by 2020 will do the rest.

Electrification of China and India will drive the next phase of the worldwide growth in EV fleet. India has announced that all new cars on sale will be electric by 2030and they are taking it seriously making the first tender for 10,000 EVs to be supplied for the government ministries and agencies now. Transfer of the best technology for Lithium Batteries and Electric Cars will be next. China is already The Centre of The Lithium Universe and exercises its state-level New Energy Plan step by step with the military discipline, starting with securing a Lithium Supply Chain.

IEA reports that in 2016, China accounted for more than 40% of the electric cars sold in the world, with 336,000 new cars registered. That is more than double the number sold in the U.S. China also has the largest electric car stock, with about a third of the global total EV fleet. But EVs are more than just electric cars: China has more than 200 million electric two-wheelers, 3 to 4 million low-speed EVs and 300,000 electric buses. The next fast growing sector will be electric trucks, like the ones produced by BYD. BYD is backed by Warren Buffett with his 10% stake and is the largest EV maker in the world at this moment, but Tesla is expected to overtake this company in the number of electric cars produced per month by the end of this year.

BYD is very proud to be back on the wave in China in July with over 11k EVs sold, it gives us over 130k per year EVs sold annualized. Elon Musk is talking about the rate of production with 20k Teslas per month by the end of this year and over 500k per year by the end of 2018. Tesla has more than 400,000 reservations for its Model 3. Now Elon Musk estimates the demand for Tesla Model 3 at 700,000 per year. 

We have The Switch in action when millions will be choosing electric cars. Bloomberg is forecasting that we will be able to choose from 200 EV models by 2020 and Elon Musk is "thinking hard" where to build Gigafactories 3,4,5 and 6. The market is not even close to the proper translation of what kind of EV tsunami is coming and how it will affect the demand for lithium and other energy metals.

Our starting point for electric cars is just over 1% of total auto sales in the world against only 200,000 tonnes of LCE produced in 2016. The dramatic increase in demand for lithium will require accelerated production from all known reserves of lithium and new resources will need to be found and put into production, this being crucial to the Energy rEVolution.

LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.

All latest information is available in Company's filings on SEDAR www.sedar.com

Lithium Hydroxide Production From Brine: Effective Separation Of Lithium From Contaminants By Membrane Technology.

Lithium Hydroxide Production From Brine: Effective Separation Of Lithium From Contaminants By Membrane Technology.

Kirill Klip, Executive Chairman International Lithium Corp.

We are talking here a lot about the new groundbreaking technologies for electric cars and lithium batteries. Now it is time to consider the most advanced technologies for the production of lithium as a raw material. The increasing usage of lithium batteries is driving the demand for lithium as a raw material and new extraction technologies will provide the technological advantage to the most progressive companies investing in the future.

My lower estimate for future demand is that 36 million tonnes of LCE (Lithium Carbonate Equivalent) must be produced by 2040 in order to meet the IEA's target for the 600 million electric cars necessary to keep global temperature increase below 2%. However, over 100 million tonnes of LCE will be needed if all new cars are to be electric by 2040, this being one of IMF's scenarios for the future. Now let's just start adding here the Energy Storage for Solar and Wind Power Generation.

Our starting point for electric cars is just over 1% of total auto sales in the world and only 200,000 tonnes of LCE produced in 2016. The dramatic increase in demand for lithium will require accelerated production from all known reserves of lithium and new resources will need to be found and put into production, this being crucial to the Energy rEVolution.

At International Lithium, we are very interested in processes developed for the recovery of Lithium Hydroxide directly from brine. Lithium Hydroxide is the highly sought strategic commodity which is used in lithium batteries as Tesla and Panasonic are doing for example at Tesla Gigafactory.  Read more.

LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.

All latest information is available in Company's filings on SEDAR www.sedar.com