Electric Cars are coming from all major automakers in the next 3 years. Bloomberg reports that more than 200 models of electric cars will be available by 2020. This Tsunami of electric cars will start the real mass market for EVs. The volume will make lithium batteries cheaper and cheap lithium batteries change everything. UBS is predicting that we will have cost parity between comparable electric cars and ICE ones already by the next year. After the announcements from GM and Ford which are going "full on" into electric cars, all these market developments will be accelerated.
The Switch Is ON and now Lithium Race begins for automakers not just chasing Tesla, but to stay in business and survive Electrification of Transportation. Traditional automakers are facing billions of dollars in stranded assets and longer we are hearing that "Chairman of Volkswagen still believes in DIEsel", the less chance will be for them even to be around in a dozen of years time. China is coming and it is changing everything.
Cheap lithium batteries change everything and China is the driving force already on the global scale in this development. China is back on an exponential trend of growth in sales of electric cars in August with more than 100,000 EVs sold. It is an annualized trend of more than 1,200,000 electric cars per year. We can start talking about 2,000,000 EVs sold this year alone accounting for all EVs: including electric trucks and busses.
We have the long way to go from 0.2% which electric cars are representing in the global auto fleet, but this growth will be faster than a lot of people think. Once electric cars become cheaper than comparable ICE ones, UBS is talking about in the article below, the game for gas and DIEsel cars is over. All new cars will be electric and nobody really accounting for it yet in any lithium supply chain calculations.
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Lithium Race At UBS: Electric Vehicles To Reach Cost Parity With Petrol Cars By 2018.
The most important here is who is talking. This time it is UBS, one of the largest wealth managing bank in the world. The clients will listen. Almost nothing drives human nature more than a wallet. Now we can add officially the most powerful driver for millions of future drivers to buy an electric car. You will start saving money from day one comparing to owning a similar class ICE car. UBS is talking about total cost of ownership at the moment, but by 2020 we can expect that the cost of buying an electric car will be lower than an ICE one. This will ignite The Switch we are talking about here. And do not forget that UBS has tested not the best affordable electric car by any stretch of an imagination.
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."
"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. Now he estimates the demand for Tesla Model 3 at 700k per year. Bloomberg estimates that we will be able to choose from 200 EV models by 2020. 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."
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." Read more.
"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."
International Lithium's JVs With Ganfeng Lithium Is An Entry Point To A Vertically Integrated Business With An Industry Giant From China.
International Lithium's (TSXV: ILC) Joint Ventures with Ganfeng Lithium in Argentina and Ireland is an entry point to a vertically integrated lithium business with a USD $6 Billion market cap industry giant from China. ILC's strategy is to build VC Capital in a number of M&A transactions. Construction of ILC Royalty Portfolio is our underlining business model. International Lithium's stake in the Mariana joint venture is of particular interest for OEMs entering into the electric car and lithium battery business looking to secure their long term lithium supply. Read more.
Please contact us to explore this opportunity. Thank you! InternationalLithiumCorp@gmail.com
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