Thursday 28 April 2016

Lithium Race: Tesla Model 3 Base Battery Less Than 60 kWh, “All-In” Pack Costs Already Under $190/kWh!


InsideEVs.


  This is huge if Tesla Model S and X lithium batteries are already with "All-In" cost per kWh at $190! It is made on the very low volume and before Tesla Gigafactory. We are not even talking about the next step for Lithium Technology - Solid State Lithium Batteries. GM has reported before that GM Bolt will enjoy $145 per kWH pricing, but LG Chem was not very happy with that announcement - I personally suspect that LG Chem was going very aggressive in that pricing just to get into the first electric car for the mass market from GM. All recent developments are pointing out that adoption for Electric Cars will surprise everybody and this tide is coming to take the world over very fast.


Ireland Lithium For Europe: ILC And Ganfeng - Germany Plans $1.4 Billion In Incentives For Electric Cars.





 This is really big news for us at International Lithium and Ganfeng - finally Germany is putting its act together. CNBC is on all morning on Volkswagen - New York Times reported that there was a Power Point Presentation in 2006 how to cheat on emissions. It is only the beginning of AutoGate - all autos cannot comply with any limits in the real driving conditions. Now Mercedes is under investigation, FIAT, PSA Peugeot, Mitsubishi was rigging fuel consumption data from ... 1991! What does it mean? It means that when you account all costs properly Electric Cars are already cheaper than ICE age once with much better performance. The problem is that we do not have enough good ones.  People are buying all they can get from Tesla Motors. Tesla Model S has already outsold in Europe Audi 8, BMW 7 and Mercedes S in 2015!

  This is the real news without hype: people will buy more EVs now. Germany is igniting the EV boom in Europe's largest auto-market. India, Norway, Netherlands and Austria are all considering banning any new ICE cars to be sold in 2020s! Now the question is how to build millions of electric cars and fast. Daimler, LG Chem and A123 are building lithium batteries factories in Europe now. Tesla is talking to Germany and France on the next Tesla Gigafactory 2 location in Europe. From the last year I am calling for Elon Musk to come to Ireland where we are developing Avalonia J/V with Ganfeng Lithium. In my very personal opinion Ganfeng should be building its own lithium production plant in Ireland right at the doorstep of Europe. After Apple's melt down on the slowing sales of iPhones there are a lot of calls for it to buy into the Next Big Thing and buy Tesla. The automakers that can strike a strategic alliance with Tesla Motors and buy Tesla Model 3 lithium technology and power-trains will make millions of electric cars and take the market over. Will it be China again with its military plan to dominate the post carbon economy after this Next Industrial rEVolution in Energy? Read More.


Lithium Technology Catalyst: Generational Shift From 2 to 7,000 - Video Inside The Tesla Battery.





  As you already know, all cars will be electric. The question now is how fast? What is the technology behind this incredible drive and performance of Tesla electric cars? I would like to share this great video from Tesla Model 3 Owners Club. Now you can have a glance into the Tesla Lithium Battery Technology literally. Tesla Gigafactory is the key to meet the totally unexpected even by Elon Musk demand for Tesla Model 3 now. 400,000 reservations in just two weeks speak volume about the real demand for the best affordable electric cars for the masses. Cheap lithium batteries change everything, now we have to make millions of the best EVs available. 
  Who will join the race to mass market now? GM Bolt will give us the first test of being electric on scale, Tesla Model 3 will start the real tide, but who will make millions of EVs per year now? We have the groundbreaking catalyst in place for the lithium industry. We are shifting from consuming 2 batteries per household in your father's TV remote control to more than 7,000 in Tesla model S. Panasonic which supplies lithium cells to Tesla buys lithium from Ganfeng in China. International Lithium is plugged into development of Ganfeng Lithium Vertically integrated business in China with our J/V in Ireland and Argentina. Maybe you have missed that 28 companies in China are making 51 models of Electric Cars already? They are not competitors to Tesla yet, but are getting there. And by the way, Elon Musk is getting himself into China with Tesla Motors as well. Will we be able to build "Made in USA" best Electric Cars on scale? International Lithium is building the supply chain for North America now. Watch the video"






InsideEVs:




This week, UBS analyst Colin Langan suggested his research indicated that any base Tesla Model 3 cars sold at $35,000 would be done so at a significant loss; mainly due to the still relatively expense costs of the e-drivetrain and advanced production parameters of the car – a statement that I think many of can agree with.  The money is in the options
For his part, Elon Musk earlier suggested the day of the Model 3’s introduction that he believed the average selling/optioned Model 3 would net the company about $42,000.
Elon Musk Thoughts On Average Model 3 Selling Price (@elonmusk)
Elon Musk Thoughts On Average Model 3 Selling Price (@elonmusk)
UBS’ Langan hosted a call on the Model 3 with Jon Berisa (President & CEO of Auto Lectrification), who also served 35 years with GM, some of which as a chief engineer on the Chevy Volt.
Mr. Bereisa noted a “best case” for final battery pack costs (not just the cells) comes in at about $133-155/kWh in ~9 years times.
Tesla Model 3 Debuted March 31st, 2016 - 215 Miles Of Range, From $35,000
Tesla Model 3 Debuted March 31st, 2016 – 215 Miles Of Range, From $35,000
Reports the StreetInsider:
“In a detailed breakdown of factory variable cost (FVC), Jon sees the Model 3’s FVC $1,510 above base price of $35k vs. the Bolt’s FVC $4,980 below base price of $37.5k. Compared to the Bolt, the Model 3 adds incremental variable cost from its aluminum content, lack of scale, extra sensors, a faster propulsion system, and higher pack costs. Jon estimates TSLA’s pack costs at $260/kWh and GM’s at $215/kWh (due to GM sourcing the cell at-cost from LG).”
So an interesting report to be sure…and then Tesla’s head of Investor Relations, Jeff Evanson called in to take it up a notch, and to dispute some of the conclusions of the pair.
The first issue taken with the report was that the Model 3 is actually only partially aluminum, not all-aluminum to the extent of the Model S, and the second issue was on the size of the Model 3 battery, and what the actual battery pack costs are today for the Model S/X, and how the “maths” based on all those figures work out on the Model 3.
Specifically:
  • the Model S/X “all-in” battery pack costs today is less that $190/kWh, and
  • that the Model 3 will have a base battery sized smaller than 60 kWh
The question now of course is how much below 60 kWh can the model 3 actually be to net the estimated 215 mile range pegged by Tesla at the vehicle’s launch last month?
Given the upcoming Chevrolet Bolt EV has a 60 kWh battery and early estimates by “sources” for that car have its EPA rating landing around 210-220 miles, it could not be too much less.  Perhaps ~55 kWh?  Nissan’s 2016 SV/SL LEAF achieves 107 miles of range on 30 kWh…but is aerodynamically a laggard in the EV space compared to many of its peers.





Wednesday 27 April 2016

Ireland Lithium For Europe: ILC And Ganfeng - Germany Plans $1.4 Billion In Incentives For Electric Cars.




 This is really big news for us at International Lithium and Ganfeng - finally Germany is putting its act together. CNBC is on all morning on Volkswagen - New York Times reported that there was a Power Point Presentation in 2006 how to cheat on emissions. It is only the beginning of AutoGate - all autos cannot comply with any limits in the real driving conditions. Now Mercedes is under investigation, FIAT, PSA Peugeot, Mitsubishi was rigging fuel consumption data from ... 1991! What does it mean? It means that when you account all costs properly Electric Cars are already cheaper than ICE age once with much better performance. The problem is that we do not have enough good ones.  People are buying all they can get from Tesla Motors. Tesla Model S has already outsold in Europe Audi 8, BMW 7 and Mercedes S in 2015!

  This is the real news without hype: people will buy more EVs now. Germany is igniting the EV boom in Europe's largest auto-market. India, Norway, Netherlands and Austria are all considering banning any new ICE cars to be sold in 2020s! Now the question is how to build millions of electric cars and fast. Daimler, LG Chem and A123 are building lithium batteries factories in Europe now. Tesla is talking to Germany and France on the next Tesla Gigafactory 2 location in Europe. From the last year I am calling for Elon Musk to come to Ireland where we are developing Avalonia J/V with Ganfeng Lithium. In my very personal opinion Ganfeng should be building its own lithium production plant in Ireland right at the doorstep of Europe. After Apple's melt down on the slowing sales of iPhones there are a lot of calls for it to buy into the Next Big Thing and buy Tesla. The automakers that can strike a strategic alliance with Tesla Motors and buy Tesla Model 3 lithium technology and power-trains will make millions of electric cars and take the market over. Will it be China again with its military plan to dominate the post carbon economy after this Next Industrial rEVolution in Energy?
         

International Lithium And Ganfeng Lithium Commence Drilling At The Avalonia Lithium Project, Ireland.





  Volkswagen has made the best advertisement campaign for electric cars and Elon Musk with 325,000 orders for Tesla Model 3 in one week has shown that people are ready to buy best electric cars. Now we have a very good problem: how to make millions of EVs for all of us and fast. While Elon Musk is negotiating the best next location for Tesla Motors Factory and Gigafactory 2 in Europe, LG Chem, Daimler and A123 are all building lithium batteries facilities in EU already. Ganfeng Lithium has avery strong presence in Europe and now we are knocking on the doors to the one of the largest auto-markets in the world and building together Vertically Integrated Lithium Business to feed the Energy rEVolution. At international Lithium we have started early and acquired Avalonia lithium project in 2009. Now after years of due diligence by Ganfeng Lithium and millions of dollars in investments into the project we are drilling the defined targets to make the next step towards the economic assessment of the deposits on our property. Our J/V is fully financed by giant from China Ganfeng Lithium. Now International Lithium has active ongoing developments on all three continents: with Ganfeng Lithium from China in Ireland and Argentinaand with Pioneer Resources from Australia in Canada.

"Mr. Kirill Klip, President, International Lithium Corp. comments, “The Avalonia project joint venture, fully funded by strategic partner Ganfeng Lithium Co. Ltd., (“GFL”), could be of strategic importance to the European Union should a sufficient resource be identified. Clean fuel technologies for motor vehicles are becoming increasingly important to the European Economic Community to tackle climate change and the air pollution crisis in major urban areas. Lithium technology will play a major role when it comes to providing batteries for communication devices, electric vehicles and utility storage systems. Renewable sources of energy such as solar and wind power will also benefit from lithium battery technologies and become more commonplace as the problem of intermittency will be addressed providing steady power from these sources 24/7.” Read more.






Volkswagen DieselGate Fallout: Tesla Model S Outsold Mercedes-Benz S Class In Europe In 2015!






InsideEVs.



  Thanks to the best advertisement campaign for electric cars organised by Volkswagen and corrupt EU politicians, we have another groundbreaking event reported by InsideEVs. Last year Tesla Model S outsold Audi 8, BMW 7 and Mercedes S Class! People with the money are going electric. Even more will do so once good electric cars are available in Europe. Tesla Model 3 will make the trick 325,000 reservations in one week time with reported today! Who will be first to secure the strategic alliance with Elon Musk, stop messing around with ICE and buy from Tesla Model 3 power-trains to bring electric cars to the millions fast? Read more.



InsideEVs.




Bloomberg:

Germany Plans $1.4 Billion In Incentives For Electric Cars.

  • Buyers to receive up to 4,000 euros per vehicle to boost sales
  • Merkel faces opposition to plan within her governing bloc


    German Chancellor Angela Merkel’s government reached a deal with automakers to jointly spend 1.2 billion euros ($1.4 billion) on incentives to boost sluggish electric-car sales.
    Buyers will be able to receive as much as 4,000 euros in rebates to help offset the higher price of an electric vehicle, Finance Minister Wolfgang Schaeuble said at a press conference in Berlin. Purchasers of hybrid cars will get as much as 3,000 euros off the price. The industry will shoulder 50 percent of the cost. The program is set to start in May, pending approval from the German parliament’s budget committee, he said.
    “The goal is to move forward as quickly as possible on electric vehicles,” Schaeuble told reporters, adding that the aim is to begin offering the incentives next month. “With this, we are giving an impetus.”
    The car industry, Germany’s biggest manufacturing sector by revenue, sees incentives as a potential game changer due to the size of the country’s market, which accounts for nearly a quarter of all auto sales across Europe. Merkel, who hinted in February that she was ready to back subsidies to reach her goal of 1 million electric cars on German streets by 2020, sealed the agreement with automotive CEOs late Tuesday after weeks of discussions over how to divide the funding. The industry originally offered to pay 25 percent of the total.
    “This is a significant incentive, and it’s a good start,” said Arndt Ellinghorst, a London-based analyst at Evercore ISI. “But what needs to happen more importantly, German manufacturers need to make attractive e-cars, and German e-cars just aren’t.”

    30,000 Cars

    Just over 30,000 electric vehicles, which are more expensive than conventional models, have been sold in Germany. That’s a tiny fraction of the more than 3 million cars bought each year in a country which has historically leaned on diesel technology to reduce carbon-dioxide emissions.
    Car manufacturers including Volkswagen AG, Daimler AG and BMW AG, along with suppliers such as Continental AG, directly employed 790,000 people in Germany last year, when industry sales totaled 404 billion euros, according to statistics from the Ministry of Transport. Production in the country rose 1.9 percent last year to 5.7 million cars, with models including Daimler’s Mercedes-Benz S-Class sedan, made near Stuttgart, and the Audi A3 sedan that the division of Volkswagen builds in Ingolstadt.
    Automaking is “one of the key lead industries and it doesn’t help if we leave it completely on its own” in global competition, Vice Chancellor Sigmar Gabriel said at the Berlin event, comparing the electric-car incentives to the backing that European governments gave years ago to help build up Airbus Group SE. At the same time, industry leaders should “move to a much more proactive strategy, to face challenges and not always say it’s impossible,” he said.
    Volkswagen rose 2.7 percent to 128.45 euros as of 1:20 p.m. in Frankfurt trading, while BMW gained 0.5 percent to 83.04 euros. Daimler declined 0.7 percent to 62.48 euros.
    German auto producers have pointed to support in other European countries in their efforts to sway Merkel’s government. In France, the government started offering a 10,000-euro rebate last year to drivers trading in older diesel-powered cars. In Norway, owners of electric cars enjoy a plethora of perks, including tax breaks, free battery charging, free parking and an exemption from congestion charges.

    Policy Tightrope

    In throwing her support behind the program, Merkel is walking a tightrope within her governing bloc. While some -- such as the head of the Christian Social Union, the Bavarian sister party to her Christian Democratic Union-- favor incentives to spur sales and create jobs, many others have opposed such measures.
    The project also includes 300 million euros in German government support in the three years through 2020 to develop a network of 15,000 battery-charging stations and 100 million euros for authorities to buy electric vehicles.
    “The government has put in place the right steps to give e-mobility a boost in Germany, which the country needs to catch up if it’s to become a leading market for e-cars,” Matthias Wissmann, president of the German car-manufacturers’ association, or VDA. “That’s why construction of a nationwide charging network in step with increased sales should happen fast.”


Tuesday 26 April 2016

Trillion Market Cap Dreams For Apple: Buy Tesla And Put Elon Musk In Charge Of Energy rEVolution.

  


  Trillion market cap dreams for Apple are fading with its slump in sales of iPhones. China is taking over this sector as well ... as lithium market already, lithium batteries next and electric cars this year. Tim Cook is great COO, but Steve Jobs is gone ... Apple watch will not count even close to the Next Big Thing. Energy sector will do. Elon Musk and Warren Buffet are taking on 12 Trillion Energy and Transportation industries disrupting it with Solar Energy and Electric Cars. Tesla and BYD are becoming synonymous for EVs in the West and in China.   
  Apple still has a chance to buy Tesla and put Elon Musk in charge. He has the vibe, the technology and the lithium drive. Apple has Capital and huge iconic brand following and distribution chain. Foxconn with its own Lithium Batteries Megafactory will come as a very nice addition to the Tesla's Gigafactory and low cost manufacturing base in China. Foxconn's last year $800 million investment in electric car factory in China will bring it all together very fast. Next step is Lithium Solid State batteries with cost per kWh dropping to $100. Than we can talk about Tesla Model 3 60 kWh battery cost of  ... only $6k! We are getting to my magic formula for the EVs mass market 20/200, when $20k buys you BMW 2 type electric car with 200 miles range. In this case we can talk about real Energy rEVolution with million of the best electric cars coming on-line very fast. And do not you worry - International Lithium is building the lithium supply chain for this Energy rEVolution already.  



Tesla Model 3: Apple, Google Or Facebook? Who Will Buy Tesla Motors Now To Make Electric Cars For All Of Us?

   



Update from Elon Musk, this is super positively insane!


Model 3 orders at 180,000 in 24 hours. Selling price w avg option mix prob $42k, so ~$7.5B in a day. Future of electric cars looking bright!

  Reservations for Tesla Model 3 have already passed 150,000, what does it mean? It means that people are ready to buy the good electric cars and Tesla is making the best of them. Who will buy Tesla Motors now to make electric cars for all of us?  This opportunity will be paying handsomely back to the shareholders whoever will be able to make this move, we are talking about the first Trillion Market Cap company here. Will it be Apple, Google or Facebook? And do not you worry International Lithium will find enough Lithium for all of us!



Elon Musk: "At Tesla We Don't Make Slow Cars" - Electric Tesla Model 3 Unveiled.




  
  "At Tesla we don't make slow cars" - Elon Musk said at the unveiling of the Tesla Model 3 and he can add: "and we sell them fast as well!" Bloomberg reports that in the first 24 hours Tesla Motors has already 115,000 reservations for this mass market electric car with "at least 215 miles range on a charge."
  Now we can really talk about the mass market for Electric Cars. There are only 2.1% of cars being sold in the U.S. last year which are priced above $75k, so Tesla Model S and X were disrupting only this very small high-end segment of the market. But almost 35% or 5.5 millions cars were sold with price tag around $35k where Tesla Model 3 is priced before incentives. Now Elon Musk will be going after third of the U.S. market potentially. When you take incentives into the account we are getting closer to my magic 20/200 formula when all cars will be electric!
  Tesla Model 3 basic will make it 0-60 mph in less than 6 seconds and there will be a faster versions, all cars will be "prewired" with autonomous driving hardware and all safety features. Tesla Model 3 seats 5 adults comfortably and with full glass roof provides "the roomiest experience" of the similar class cars according to Elon. All cars will be Superchargers ready! Elon promised that number of Superchargers will double by the end of the next year and number of destination chargers will quadruple.  





Tesla's Elon Musk: All Cars Will Be Electric - International Lithium Presentation April 2016.





Tesla Model 3 Unveiled - electric car with 215 miles range for mass market!

Watch the Event: https://model3.tesla.com/#


  
  All good things take time, care and patience. Lithium Technology is here and Energy rEVolution is coming next to you with GM Bolt and Tesla Model 3 igniting the mass market for electric cars. Tune in today to see the future with Tesla Model 3 being unveiled. People are camping outside Tesla showrooms just to make the reservation! Netherlands is going to sell only electric cars after 2025 and India is talking to go full electric by 2030. It is all about lithium technology making batteries better and cheaper every year. And now smart phones on wheels will be taking out streets one by one.
  Slowly, but surely we are building our Vertically Integrated Lithium Business with Ganfeng Lithium with our J/V projects in Ireland and Argentina. Now it is time for Canada to shine and that wind for our sails I was talking last Fall about is coming. We have survived during the storm on the sand bank, now we know what to do when the tide is coming. I welcome all our new Partners to International Lithium, fasten your seatbelt, we are moving forward. Read more."







International Lithium Corp. Acquires High Grade Raleigh Lithium Project Near Mavis; Creates Upper Canada Lithium Pool a New Multiproject Initiative







International Lithium Announces Closing of Private Placement, Advances Operations In North America.


  International Lithium President, Kirill Klip comments “International Lithium is beginning a new phase of strategic developments through new potential acquisitions and strategic partnerships. The availability of affordable electric cars is almost here with models like GM’s Bolt and Tesla’s Model 3 coming into production this and next year. This will greatly increase the demand for lithium batteries in North America. Our new strategy recognizes this opportunity and we seek to meet the demand for lithium in North America’s massive automotive markets. Together with Ganfeng Lithium we continue to advance our projects in Argentina and Ireland building on a vertically integrated lithium business in China, the centre of today’s lithium industry where prices for the green energy metal are currently escalating. Newly formed alliances with companies like Pioneer Resources, will help us focus our expertise in recognising opportunities and building up a resource base, while minimising our capital outlay to advance the projects to build the secure supply of lithium for the North American market.” Read more.


International Lithium Options Mavis Lithium Project and Forms Strategic Alliance with Australian Company, Pioneer Resources Ltd.






  Mr Kirill Klip, President, International Lithium Corp. stated: "We are very pleased that International Lithium is opening a new strategic phase of expanding its operations in North America. We are at the very beginning of the mass market for electric cars with GM Bolt and Tesla Model 3 coming into production this and next year respectively. Recent huge spike in lithium prices in China, the centre of lithium industry today, has demonstrated the importance of our strategic partnership with Ganfeng Lithium in building the vertically integrated lithium business with our J/V projects in Argentina and Ireland. We envision that North American market, which is dominated by producers from Asia, will start to build its own lithium batteries production facilities like Tesla Gigafactory in Nevada, U.S. This transaction is the first step for ILC in building the secure supply of lithium for the North American market." Read more."