We have another very important confirmation about The End of the ICE Age from the driveways next to you. Electric Cars are green and clean, and now we can be certain that they are cheaper to own in the real life. Consumer Reports confirms: "EVs owners spend half as much on maintenance".
Now we can add the real economic drivers behind The Switch and Tesla rEVolution to our right and desire to breathe the cleaner air: Electric Cars are Green & Clean with Tesla Model 3 emitting 65% less lifetime emissions than Mercedes C-class.
Elon Musk is pushing all auto industry forward and Tesla Battery Day promises us EV & ICE Cost Parity with Tesla Model 2 (?) priced at $25,000. Norway is showing that Electric Cars are coming much faster than a lot of people think. This very cold and oil-rich country breaks another sales record for EVs in September with 82% of passenger auto registrations!
We are entering The End Of The ICE Age, Welcome The Post Carbon Economy - Fossil Fuel Species Annihilation Stage. The technology for Electric Cars is here, the best cars will be electric and cheaper to buy than ICE very soon. Now it is only a matter of time to scale it and achieve the truly massive volume production for The Switch.
The situation with Lithium and the secure supply chains for this Energy rEVolution will not be as smooth and easy as we all would like it to be. Lithium mining and conversion are very complex even if capital is available.
Some players are already "head above shoulders" in the "Opaque Lithium Kingdom" as Tesla is "head above shoulders" with its Vertically Integrated Technology for Electric Cars among legacy automakers.
The most important news is that we have enough Lithium for all our fleet to be electric and we are one more very important step closer to The Switch now. Our ability to cross "the digital divide" and finance the creation of the secure supply chains for the Tesla Energy rEVolution will determine the success of all this New Industrial rEVolution.
"TNR Gold is plugged into the Tesla Energy rEVolution with our NSR Royalty Holding on Mariana Lithium JV under the management of this giant from China.
Ganfeng proposed USD $25 million budget for Mariana Lithium in 2020 and "The feasibility study on Mariana Lithium was completed in 2019, and environmental assessment and construction of the project are planned to be conducted," as it has stated in Ganfeng Lithium 2019 Annual Report.
Ganfeng Lithium has provided a further update on Mariana Lithium in 2020 Interim Report: "The feasibility study of Mariana Project in Argentina was successfully completed in 2019, and environment assessment, pilot scale test, and design of plant construction are being launched to the project."
CleanTechnica:
It's Official - Consumer Reports Confirms EV Owners Spend Half As Much On Maintenance.
"Data is king, and when it comes to information on the frequency of repairs on automobiles, Consumer Reports has more data than anyone. For its latest report, it did a deep dive into the data from its 2019 and 2020 reliability surveys of electric and gasoline powered vehicles. After crunching all the numbers, Consumer Reports says “drivers of electric vehicles are saving an average of 50% on maintenance and repair over the life of a vehicle compared to owners of gas-powered vehicles.”
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