Tuesday, 12 April 2016

Lithium Race For The Mass Market For Electric Cars: Tesla Model 3 Vs Chevy Bolt.

  In my very personal opinion, Tesla is the Apple of electric cars and now GM is green of envy for 325,000 reservations for Tesla Model 3 in just one week. Of cause GM has stated that they do not need any pre-orders. GM will definitely beat Tesla to the market with Bolt, which is already in production and will start first deliveries this Fall and it is the great news for our industry. Now we have a good problem, how to make millions of electric cars and fast. Do you know that 28 companies in China are already making 51 models of electric cars? Now the question remains: who will try to buy Tesla Motors and who will start the strategic alliance to produce  Tesla Model 3 power-trains on the mass scale? We have not heard for a while from Apple and Foxconn with its mysterious $15k  electric car. The largest manufacturer of iPhones and iPads - Foxconn is building its own Lithium Batteries Megafactory and investing more than $800 million in China into production facilities for electric cars.

Lithium Race: Will Price War Between GM Bolt And Tesla Model 3 Bring Us Mass Market For EVs?

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."

Warren Buffett And Energy rEVolution: BYD Launches Two New All-electric Vehicles To Expand Its Lineup.


  Despite his very conservative approach and very controversial policies of some companies he is investing in - like utilities in Nevada, Warren Buffett is plugged in solidly into Energy rEVolution. He is the largest investor in Solar in the U.S. and owns 10% of BYD. BYD is the leader in electric cars production and sales in China and the world-wide leader in electric buses. With Tesla Model 3 orders surging above 300,000 we have the clear indication that customers are ready for the great electric cars now. But are auto-makers ready to make them? Tesla's waiting list now will stretch easily into the next two years, who will fill up the void? In the U.S. GM Bolt will take the lead, but BYD is the real coming global force now. They have their own Lithium Batteries Megafactories in the making in China and Brasil now, building electric buss and lithium batteries facilities in Argentina and have just made the headlines about the security of Lithium Supply. They can buy a lot of time to the market if BYD can ever make a strategic alliance with Tesla and buy Tesla Model 3 powertrains - than we can talk about millions of EVs in China very fast.

Elon Musk's Tesla Model 3 Reservations Hit 276,000 - Warren Buffett's BYD Wakes Up To Security Of Lithium Supply.

  You will see more headlines now which could be attributed to the "sudden revelation" even for industry insiders that lithium price breaking $20,000 per LCE Tonne in China is not something that will come and go as a nightmare. It means that there is a shortage of lithium already even before Tesla Gigafactory and Megafactories from BYD, LG Chem, Foxconn, Boston Power, Samsung and A123 are coming on-line. Tesla Model 3 has reached now 276,000 orders in less then 4 days and shows appetite for the good electric cars. We are at the tipping point for the electric cars to go mainstream. 
  SQM is moving to Argentina breaking its own myth about "One Thousand Years Of Lithium Supply". Everybody who is waiting for Lithium to be delivered from clay ... can continue to wait including Tesla. Industry insiders like Jow Lowry were talking about it for months and SQM with Lithium Americas dropping Western Lithium name with its own clay ambitions can be the best confirmation now. In our small Lithium Universe in China these days Ganfeng Lithium supplies BYD, LG Chem and Panasonic, which supplies Tesla with lithium cells. International Lithium is developing two J/V with its strategic partner - Ganfeng Lithium in Argentina and Ireland, building the vertically integrated business. Now with new strategic partners International Lithium moves to build the secure supply chain for lithium in North America. Read more."

Lithium Race: BYD Plug-In Electric Cars Sales In China More Than Doubled In January.

  "InsideEVs reports on continued trend with exponentially growing sales of electric cars in China. Warren Buffett backed BYD is leading the race towards post carbon economy in China and Energy rEVolution is spreading very fast all across the globe. Solar installations are mushrooming in a lot of countries with smart grids picking up the trend from mobile phones leapfrogging fixed telephone lines. Cheaper lithium batteries are changing everything and Lithium is the magic metal at the very heart of this Next Industrial rEVolution. China is the centre of Lithium Universe in materials already, moves fast to become lithium batteries largest market and will become the largest Electric Cars market in the world this year. Read more." 

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