Showing posts with label Hybrids. Show all posts
Showing posts with label Hybrids. Show all posts

Monday, 12 January 2015

2016 Chevrolet Volt Goes Mainstream, Chevy Bolt Is A $30k EV For The Masses.




"The second generation of GM's flagship electric vehicle has just been revealed at the 2015 North American International Auto Show in Detroit. The 2016 Chevrolet Volt is an all-new car featuring more mainstream styling and an electric-only range of 50 miles. Meanwhile, GM also unveiled the Bolt concept car, which is an electric CUV with a 200-mile range and which the company thinks could be sold at a very competitive $30,000."



GM To Release The $30k Chevy Bolt 200 Miles Range EV in 2017.



"This is the real head to head competition between GM and Tesla Motors. Tesla has announced before that Model III will have 200 miles range and $35k price tag. Is GM really getting serious about electric Cars now? Reading the LG Chem Lithium Megafactory article will give you the idea about the long term strategic planning behind this move.
  With LG Chem supplying the batteries I can see the next move that GM will try to fight Tesla's market share in the largest auto-market in the world in China. It is the great news for all electric cars and lithium technology industry! This technological advance coupled with announced by China "The War on Pollution" will bring the real mass market for electric cars in a few years time."



Rebuttal to Study: EVs Being More Dangerous Than Internal Combustion Vehicles.


Bill Williams puts all the nonsense about Electric Cars being more dangerous than with Internal Combustion engines vehicles to rest.


Lithium "Megafactory": LG Chem Breaks Ground For EV Battery Plant In China.


 China is already the top lithium materials producer and now LG Chem will put it solidly on the lithium battery map. LG Chem plans are very ambitious - company plans to produce 100k batteries per year! Tesla Gigafactory rightfully attracts a lot of attention and LG Chem move will find its investment audience as well. All this production of batteries will need the secure supply of lithium.
  International Lithium is positioned to participate in this huge market opportunity in China as part of the vertically integrated lithium business with our strategic partner Ganfeng Lithium. Read more."

Powered By Lithium: Tesla Model III - The BMW 3 Killer Is Coming!


 "Tesla Model III will be the game changer for the mass market for electric cars. Particularly for China it can be the only way forward in order to be able to increase the amounts of cars on its roads without chocking on the very dangerous level of air pollution, which is already causing serious problems for the country. Read more."

China Rolls Out Welcome Mat for Electric Cars: Ganfeng Lithium Partners with International Lithium in Argentina and Ireland.


"According to the World Bank, air pollution costs China as much as $300-billion a year in health problems and productivity losses.
In response, the Chinese central government just announced a slate of pro-electric car policies, including slashing charging station rates by 30%. Navigant Research predicts that global lithium ion battery sales will increase 400% by 2023. Read more."

Saturday, 10 January 2015

GM To Release The $30k Chevy Bolt 200 Miles Range EV in 2017.



  This is the real head to head competition between GM and Tesla Motors. Tesla has announced before that Model III will have 200 miles range and $35k price tag. Is GM really getting serious about electric Cars now? Reading the LG Chem Lithium Megafactory article will give you the idea about the long term strategic planning behind this move.
  With LG Chem supplying the batteries I can see the next move that GM will try to fight Tesla's market share in the largest auto-market in the world in China. It is the great news for all electric cars and lithium technology industry! This technological advance coupled with announced by China "The War on Pollution" will bring the real mass market for electric cars in a few years time.



Rebuttal to Study: EVs Being More Dangerous Than Internal Combustion Vehicles.


Bill Williams puts all the nonsense about Electric Cars being more dangerous than with Internal Combustion engines vehicles to rest.



Lithium "Megafactory": LG Chem Breaks Ground For EV Battery Plant In China.



 China is already the top lithium materials producer and now LG Chem will put it solidly on the lithium battery map. LG Chem plans are very ambitious - company plans to produce 100k batteries per year! Tesla Gigafactory rightfully attracts a lot of attention and LG Chem move will find its investment audience as well. All this production of batteries will need the secure supply of lithium.
  International Lithium is positioned to participate in this huge market opportunity in China as part of the vertically integrated lithium business with our strategic partner Ganfeng Lithium. Read more."

Powered By Lithium: Tesla Model III - The BMW 3 Killer Is Coming!


 "Tesla Model III will be the game changer for the mass market for electric cars. Particularly for China it can be the only way forward in order to be able to increase the amounts of cars on its roads without chocking on the very dangerous level of air pollution, which is already causing serious problems for the country. Read more."

China Rolls Out Welcome Mat for Electric Cars: Ganfeng Lithium Partners with International Lithium in Argentina and Ireland.


"According to the World Bank, air pollution costs China as much as $300-billion a year in health problems and productivity losses.
In response, the Chinese central government just announced a slate of pro-electric car policies, including slashing charging station rates by 30%. Navigant Research predicts that global lithium ion battery sales will increase 400% by 2023. Read more."



WSJ:


General Motors Co. plans to launch a $30,000 electric vehicle called the Chevrolet Bolt that would be capable of driving 200 miles on a charge by 2017, according to people familiar with the strategy, a move to gain ground on Tesla Motors Inc.
GM will show off a concept version of the Bolt on Monday at the Detroit auto show, eight years after the auto giant disclosed it would re-enter the electric car market with the Chevrolet Volt. The Volt, on sale since late 2010 and redesigned for 2015, is being upgraded to get better capability and sharper design, and has a backup gasoline motor on board in case juice runs out.
The Chevy Bolt, carrying a more capable battery manufactured by South Korea’s LG Chem Ltd. , will be aimed squarely at Tesla’s forthcoming Model 3, a $35,000 electric car also slated to debut in 2017. The concept version of the electric car will be a hatchback designed to look more like a so-called crossover vehicle, according to people familiar with the design. The Bolt will be capable of driving four times farther than a Chevrolet Volt plug-in hybrid on a single charge.
GM has thus far struck out in its attempt to match its Silicon Valley rival. Recently, GM launched a $75,000 Cadillac ELR plug-in car that failed to dent Tesla’s dominance among luxury electric-vehicle buyers who have clamored for the Model S sedan.
By placing the Bolt in the high-volume Chevrolet line and giving it a name similar to the Volt, executives hope to polish Chevy’s image as a full-line vehicle manufacturer prepared to meet demand, regardless of prices at the pump, according to people familiar with the strategy. GM expects the Bolt to compete globally, including in markets such as China. It is unclear if a car similar to the Bolt would be inserted in the Opel, Cadillac or Buick brands down the road. Read more on WSJ."

Thursday, 25 December 2014

China Puts Billions Into Electric Cars & EV Charging Stations.



 

  Electric Cars are not only about the price of oil, but about the ability to enjoy personal mobility in the urban centres with millions of people packed in megalopolises in China and India. Lithium based technology makes it possible.


China Rolls Out Welcome Mat for Electric Cars: Ganfeng Lithium Partners with International Lithium in Argentina and Ireland.



“Ganfeng has an army of lithium-focused geologists who looked at projects in every corner of the planet,” stated ILC president Kirill Klip in an exclusive interview, “but they chose ILC to do business with. This is a big de-risking factor for our current and future shareholders. The Chinese do their homework. They believe in the geology of our assets, our management and our development strategy.” Read more.




Lithium Drive: China's Electric Vehicle Output Grows Fivefold.


  China continues to build its new strategic industry - Electric Cars and now we can see the first results.  International Lithium is well positioned to participate in this macro trend in China with its strategic partner Ganfeng Lithium.



Clean Technica:

China Puts Billions Into Electric Cars & EV Charging Stations 


December 24th, 2014 by 

China has no time to waste in mitigating air and water pollution, nor doing its part to cut global warming emissions. To help address these issues, China came up with a significant plan to adopt 5 million electric cars. The issue now is how to supply enough charging stations to fuel the cars.
China’s current electric vehicle (EV) owners are reportedly running into problems finding charging for their electric cars thus.
Bloomberg reports that China’s government last month said it would increase incentives to city governments to make more progress towards construction of EV charging facilities. It is of course necessary to match incentives for buying EVs with incentives for charging stations, as owners generally need to charge their plug-ins every day or every other day. “The central government is considering spending as much as 100 billion yuan to build charging facilities and spur demand for new-energy vehicles, two people familiar with the matter said in August.” (100 billion = a little more than $16 billion at the moment.)
A US state that wants only EVs, California, just made strides with this very issue — it allows renters to install EV chargers wherever they rent. Perhaps China needs to look at California’s policy changes for renters and businesses to increase the chances of success in their country. Of course, building owners could also be more progressive.
According to Bloomberg, “Eddy Wu, a Shanghai resident, apartment complex and office won’t let him charge the BYD Co. vehicle in their parking lots, saying it poses a fire risk. Using the nearest public charging station means driving 5 kilometers (3 miles) and paying cash. With gas prices expected to tumble with the almost 40 percent plunge in crude-oil since June, there will even less incentive to charge his Qin sedan.” (Note that the Qin is a plug-in hybrid, so it can charge and run on electricity or fill up on gas and drive like a conventional car.)
The problem is troubling and in ongoing resolution worldwide – however, China’s problem is especially precarious. For one, many people live in multi-family buildings and don’t have their own personal chargers. There are also the pollution problems noted above and increasing oil dependency, which is costly. “There’s dependency on oil, with almost 25 percent of the world’s production going to China. I believe it’s the only chance for the Chinese car manufacturers to catch quickly up with international car manufacturers.”
Even in countries that are seeing steady use and growth of EVs, “range anxiety anxiety” is a significant concern of potential owners (EV owners for the most part realize it’s not an issue).
Yan Xuefei, also a Shanghai resident, who charges his Qin at night at a factory near his apartment (when it is not raining… as per the factory’s policy) told Bloomberg: “The government has given generous subsidies for us to buy the cars and publicized the merits of new-energy vehicles,” Yan said. “But so many car owners can’t easily charge their cars as they don’t have designated parking spots.”
So, due to relevant concerns, even with good government subsidies that reduce the costs of cars quite a bit, demand is slow in China. By September, the country was far behind its 2015 target for introducing alternative-energy cars. China’s goals are high – but the obstacles are still presenting problems. China offers an exemption from a 10% purchase tax and free license plates issued in various cities, including Shanghai, to EV buyers. This is a pretty big deal, as gasoline-powered auto plates cost about $12,000 in the country.
China recently agreed to halve its CO2 emissions peak by 2030, as part of a deal with the US, in which the US will also make bigger cuts. EVs are an important part of that, combined with solar, wind, hydro, and nuclear power.
“When plug-in hybrid owners decide whether to use electricity or gasoline, the determining factor is charging facilities,” Dong Yang, secretary-general of the China Association of Automobile Manufacturers, notes. “With the increase of charging facilities, the effects of reduced gas emissions from plug-in hybrid vehicles will become more apparent.”
Bloomberg adds: “In Shanghai, the city’s government plans to build 6,000 charging points by 2015 while it has a target of 13,000 alternative-energy vehicles on its roads during the same time frame. It’s also working with companies including Bayerische Motoren Werke AG to build charging facilities.”
Tesla continually addresses the need of charging stations worldwide, and that certainly includes China. The US electric car rock star began the efforts after the start of its Model S sales in China in April. Tesla has deals to build 400 charging points in 120 cities. It will work with China Unicom, the nation’s second-largest mobile phone company, and real-estate developers Soho China Ltd. and China Yantai Holdings Co.
Charging stations are a vital key to success in our transformation to zero emissions. China is not alone with its charging station problems. But I think it won’t be long before this hurdle is also crossed. On that note, if you are an organization or owner set to invest in a charging station, check out Six Questions to Ask Before Buying Electric Vehicle Charging Stations (a nice infographic is included). CleanTechnica."


Sunday, 14 December 2014

Daimler to Spend 100 Million Euros to Expand German Lithium Battery Output.


"Daimler will spend about $125 million in coming years to increase production of lithium-ion batteries in eastern Germany. The German automaker said on Monday it will expand capacity at Deutsche ACCUmotive, its battery-making division in Saxony as it expects "high and steadily-growing demand" for electric-car batteries. Daimler said, the unit supplies batteries for the luxury Mercedes division's hybrid S-Class, E-Class and C-Class models. Steps to increase battery output tie in with Daimler's plans announced last month to phase out production of lithium-ion battery cells at its second Saxony-based Li-Tec division by the end of 2015."

   

Chris Martenson: The Crash Course - Shale Oil. Can We Survive This Energy War?


 Let's put some numbers and technical details of the "Shale Oil Revolution" into perspective. Please make no mistake: Currency Wars are moving fast into Energy Wars or, more precisely - Shale Oil Wars. The economic miracle in U.S is based on the cheap energy and strong US dollar will be killing it fast. The weaker US Dollar must come to save the Shale Oil now.
  We have the technology to change all this geopolitical picture ones and for all - Electric Cars and Elon Musk with Tesla Motors has demonstrated the power of lithium based power-trains. When finally will it  be fully embraced, using this opportunity of the borrowed time of "Shale Oil revolution?" Read more."

Elon Musk Interview: World Needs Hundreds of Gigafactories.


  Elon Musk talks about the Gigafactory and incredible numbers behind his vision: "Everything will be fully electric, except for Rockets!" In China his vision can be the only way forward with personal mobility due to the terrible level of air pollution. Read more."

Wednesday, 17 September 2014

International Lithium Corp. Begins Reconnaissance Program and Renames Blackstairs Lithium Project, Ireland.


China Rolls Out Welcome Mat for Electric Cars: Ganfeng Lithium Partners with International Lithium in Argentina and Ireland.



“Ganfeng has an army of lithium-focused geologists who looked at projects in every corner of the planet,” stated ILC president Kirill Klip in an exclusive interview, “but they chose ILC to do business with. This is a big de-risking factor for our current and future shareholders. The Chinese do their homework. They believe in the geology of our assets, our management and our development strategy.” Read more.





International Lithium:


International Lithium Corp. Begins Reconnaissance Program and Renames Blackstairs Litihum Project, Ireland

    Vancouver, B.C. September 17, 2014: International Lithium Corp. (the "Company" or "ILC") (TSX VENTURE:ILC.V) is pleased to announce the commencement of the first phase of a EUR€1,600,000 (approximately CAN$2,300,000) exploration program on the newly named Avalonia Lithium project located in Leinster province of southeastern Ireland. Pursuant to the Option Agreement announced on March 19, 2014 and Company News Release dated July 30, 2014, strategic partner Ganfeng Lithium Co. Ltd. ("Ganfeng or "GFL") has advanced EUR€500,000 (approximately CAN$725,000) for the first phase of the program.

    The first cash advance of the multi-phase program will be used to conduct regional scale geological mapping and geochemical surveys in preparation for drill target selection. Crews are now on-site. The newly acquired results will be compiled with existing data and known mineralized occurrences to prioritize exploratory drilling and resource delineation drilling in subsequent phases. ILC is manager of the project and will receive a management fee of up to 10% of the exploration expenditures.

    In respect of the expanded scale of the target area, the Company has elected to choose a name for the project that better reflects the potential for a significant lithium discovery within the over 50 kilometre strike length of the East Carlow Deformation Zone and the associated Leinster granites that host the lithium bearing pegmatites. The project will now be known as the Avalonia Lithium project.

    The name is derived from an ancient micro-continent called Avalonia which, during the closing of the Iapetus Ocean (the Caledonian orogeny), collided with the European continent (Baltica) and the North American continent (Laurentia). The collision created a deep extensive suture zone (Iapetus suture zone) well recognized as an excellent structural domain to produce Li and Rare Metal enriched pegmatite bodies. The suture extends from Norway to the British Isles, Southeast Ireland, Newfoundland, and the Eastern USA where the suture zone is known to host the Kings Mountain and Bessemer City lithium mines.

    The Avalonia Lithium project's Li and Rare Metal enriched pegmatite field is situated along the highly prospective Southeast Ireland segment (the East Carlow Deformation zone) of the Iapetus suture zone.

    About the Avalonia Lithium Project

    The Avalonia Lithium project, is comprised of eight mineral exploration licenses totalling 292 square kilometres, is located 65 to 100 km south of Dublin in the Counties of Carlow and Wicklow in Leinster, southeast Ireland. The Property encompasses an extensive NE-SW oriented 30 to 50 kilometre long rare metals pegmatite belt situated within the East Carlow Deformation Zone along the eastern side of the Leinster Granites. Approximately 19 significant lithium pegmatite occurrences have been discovered within the Property to date, primarily through boulder mapping with five buried pegmatites known through past trenching and drilling.

    Lithium bearing pegmatite occurrences were first reported in the area in 1970. In the period through to 1977, Irish Base Metals carried out a preliminary exploration program comprising prospecting, sampling, trenching and geophysical surveys culminating in 47 short boreholes totalling 2,300 metres at 4 of the 19 lithium pegmatite occurrences over a number of seasons.

    Due to the prevalent overburden cover and scarcity of outcrop, prospecting for lithium pegmatite boulders was the most successful exploration method utilized to identify priority target areas. The relative location, size and quantity of pegmatite boulders within the dry stone field boundaries provided a reliable indication for the approximate position of buried pegmatites. Deep overburden geochemical sampling has since been successfully used to follow buried pegmatites along stike.

    Thirty-three short drill holes totalling 1,703m were drilled at Aclare. An historical resource of 570,000 tonnes grading 1.5% Li2O was reported in 1976 by Irish Base Metals. (A Qualified Person has not done sufficient work to classify the historical estimate as current mineral resources and the Issuer is not treating the historical estimate as current mineral resources. The historical estimate is included here for illustrative purposes only and should not be relied upon. Mineral exploration is by nature a highly speculative endeavour and there is no guarantee that further exploration work will result in the discovery and/or definition of a mineral resource at Avalonia.)

    Five drill holes were drilled at the Stranakelly occurrence situated proximal to the northeast Property boundary. Lithium-bearing pegmatite mineralization was intersected in four of the holes with hole STK3 grading 1.85% Li2O over 5.3 metres.

    Five drill holes were drilled at the Moylisha occurrence situated approximately 10 km northeast of Aclare. One hole reported 1.66% Li2O over 9.4 metres.

    The recent discovery of a high concentration of pegmatite boulders reporting grades exceeding 4% Li2O at Moylisha only serve to highlight the exploration potential of the Property.

    International Lithium conducted preliminary drill testing on two of the six main prospects at Avalonia (NR dated June 25, 2013). The drill program confirmed historical drill results at the Aclare prospect 85 kilometres southwest of Dublin and successfully intersected lithium bearing spodumene pegmatites in a previously untested area, below a spodumene bearing boulder field at the Moylisha prospect.

    Pegmatite intersected at Aclare returned 2.23% Li2O over a drilling width of 23.3m including 3.43% Li2O over 6.0m drill width.

    At Moylisha drilling intersected 1.50% Li2O over 5.60m drill width which is consistent with historical results and confirm the prospectivity of the area.

    John Harrop, P.Geo, FGS, is the Company's Qualified Person on the project as defined under NI 43-101 and has reviewed the technical information contained in this press release.

    About International Lithium Corp.

    International Lithium Corp. is an exploration company with an outstanding portfolio of projects, strong management ownership, robust financial support and a strategic partner and keystone investor Ganfeng Lithium Co. Ltd., a leading China based lithium product manufacturer.

    The Company's primary focus is the Mariana lithium-potash brine project, within the renowned South American "Lithium Belt" that is the host to the vast majority of global lithium resources, reserves and production. The 160 square kilometre Mariana project strategically encompasses an entire mineral rich evaporate basin that ranks as one of the more prospective salars or 'salt lakes" in the region.

    Complementing the Company's lithium brine project are rare metals pegmatite properties in Canada and Ireland. These projects reported highly encouraging lithium mineralization in drill holes targeting pegmatites that are unexposed at surface (news releases dated April 3,2013 and June 25, 2013).

    With the increasing demand for high tech rechargeable batteries used in vehicle propulsion technologies and portable electronics, lithium is paramount to tomorrow's "green-tech" economy. By positioning itself with solid development partners and acquiring high quality grass roots projects at an early stage of exploration, ILC aims to be the green tech resource explorer of choice for investors and build value for its shareholders.

    On behalf of the Board of Directors,

    Kirill Klip
    President, International Lithium Corp.


    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. News release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

    Monday, 8 September 2014

    Elon Musk Delivers Tesla Model S In Japan And Signals That May Work With Toyota Again.




     There is very interesting report from Bloomberg this morning. Toyota is a vivid supporter of the Hydrogen Cars, but for sure would not like to miss on electric cars advance into the mass market stage.

    All You Need To Know About Tesla's Nevada Lithium Batteries Gigafactory.


      "The deal of the century or at least its first decade for electric cars is signed by Elon Musk. Gigafactory will open the doors for the mass market for electric cars and $35k Tesla Model III will be the first one rolling out. I will provide links in addition to the report by Damon Lavrinc so that you can get the full picture of this groundbreaking development for our industry. Read more."

    China Rolls Out Welcome Mat for Electric Cars: Ganfeng Lithium Partners with International Lithium in Argentina and Ireland.




    Elon Musk With Tesla Gigafactory Starts The Race To Secure Supply Of Lithium Batteries And Lithium.




    Bloomberg:


    Tesla Motors Inc. (TSLA) may partner with Toyota Motor Corp. (7203) again in the future, Chief Executive Officer Elon Musk said.
    “If you look out maybe two or three years from now, I would not be surprised if there was a significant deal with Toyota and Tesla,” Musk told reporters today in Tokyo. While Tesla and Toyota have no definitive plans, Musk said he envisioned a larger project than their deal for the RAV4 electric vehicle.
    The comments come as the two carmakers wind down sales of the jointly developed RAV4 EV after delivering only about 2,000 units since it went on sale two years ago. Since that project, both companies have taken separate paths, with Toyota now preparing to sell its first fuel-cell vehicle, a technology Musk has ridiculed.
    Toyota has no comment on Musk’s remarks, spokesman Ryo Sakai said.
    While people with knowledge of the matter have told Bloomberg News that the RAV4 EV project was marred by clashes between engineers, Musk said today that Tesla has “a very good relationship with Toyota.”
    After having panned hydrogen-powered cars as “fool cells” in the past, he told reporters today at an event marking the start of Model S deliveries in Japan that there was some value in experimenting with other technologies. Read more on Bloomberg."

    Monday, 7 July 2014

    1.3 Billion People Indian Market Will Get Government Subsidies For Electric Cars.

      

      China is in the headlines with electric cars this year and now India is joining our electric party. The horrible air pollution in China unfortunately is the modern day hazard of all urban areas and India is suffering as well with its high density populated megalopolises and general lack of infrastructure. Can you imaging what will happen if middle class in India will get on the roads, once they are built? 
      Now Indian government is preparing the solution and Mahindra is the sponsor of Formula E already. Needles to say that this huge market is waiting for a cheap, but reliable electric cars. Will Tesla and Apple come to the rescue one day?




      
       "Everything new in this life was started with the simple question: Why Not? Can we start talking that Tesla, Apple and Foxconn Is A Match Made In Heaven To Make Electric Apple iCar Under $15k? Tesla and Apple have met after all discussing SOMETHINGbefore. Whether it was Tesla Gigafactory for potential production of Lithium Polymer Batteries for iPhones and iPads or my beloved Apple iCar my "Chinese tea leaves" are not telling me at the moment, but these three companies have everything in the world to make the mass market for Electric Cars happen overnight: Apple with its Billions of Capital, iconic brand and marketing machine, Tesla Motors with Electric Cars Lithium Technology and Foxconn with its Low Cost Manufacturing Base for mass market production and entry into the world's largest auto-market in China. Read more."

      

    Lithium Catalyst: Apple Electric iCar Coming From Tesla? ILC.v TNR.v AAPL TSLA


    "It will not take much to ignite Lithium Bull again - just four words will do: China, Pollution, Tesla and Apple. We have written extensively about three of them before and now we can have the groundbreaking development with Apple thinking about joining the Electric Party. Sufiy."

      Before we all get very excited let's see where this story will land in the end and who are those clients of Foxconn they are not talking about now? We at International Lithium are working on development of our Lithium Projects to make these dreams and mass market for Electric Cars possible one day in the nearest future. It will be done by somebody, I am sure - now we have some names to talk about.

    International Lithium Corp. A Potential Source For Green Technology Minerals.



                                  International Lithium Presentation May 2014 from Kirill Klip


    The Times Of India: