Wednesday, 25 March 2015

Lithium Market: Global Electric Car Sales Boom In 2014.

  This very nice chart shows that finally sales of electric cars are taking off. It is matched by the even more impressive chart of growth from International Lithium strategic partner Ganfeng Lithium. 

International Lithium And Ganfeng Lithium: "The End Of The Lithium 'Big 3'.

  "Joe Lowry has published a very interesting article about the lithium market, major producers and rising Chinese powerhouses in lithium industry. You can find now more details on International Lithium strategic partner Ganfeng Lithium. Apple Electric iCar and Warren Buffet BYD move into energy storage to chase Elon Musk with his Tesla Gigafactory bring Lithium back onto the radar screens of investors now. Read more."

International Lithium Corp. and Ganfeng Lithium Commence Work Programs on the Avalonia and Mariana Lithium Projects.

Global electric car sales boom in 2014

Around 320,000 new electric vehicles were registered around the world in 2014, accounting for 43% of all electric vehicles currently on the road. 

The US is leading the charge, having added 117,000 electric cars, retaining the no. 1 spot for the world's biggest fleet of e-vehicles. 

The figures for China also spiked with nearly 54,000 new electric vehicles added, an increase of around 120%. 

China's fleet is the third largest in the world, just behind  Japan which saw a relatively muted 45% growth rate. The global growth rate was 76%. 

The figures come from the Centre for Solar Energy and Hydrogen Research Baden-W├╝rttemberg (ZSW) - a renewables industry analyst.  

Growth drivers 

ZSW said the upward trajectory of the leading nations is "largely attributable to market incentives". 

For example China's Ministry of Transportation announced on Friday a new goal of at having at least 300,000 'alternative fuel' public buses and taxis on China's roads by the end of the decade. 

By contrast a lack of market incentives has resulted in Germany taking just seventh place in absolute numbers (around 29,600 cars) and eighth in new registrations (around 11,700).  

But Germany is the exception rather than the rule according to Professor Werner Tillmetz, a member of the ZSW board. He said: "If the momentum of recent years continues unabated, the number of electric cars worldwide will exceed one million in just a few months." Read more on"

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