Tuesday, 13 September 2016

Lithium Race Towards Mass Market For Electric Cars: Chevy Bolt EV Comes Cruising With 238 Miles Of Range!

   We have another infusion of healthy lithium based news for the electric cars to beat the Autumn blues in the markets. GM has delivered Chevy Bolt in style with 238 miles of range! It is the great news for the electric cars and now we will have the official competition started between GM and Tesla. Model 3 is still many months  away and GM Bolt will have a head start.  Will the U.S. be able to compete with China in EVs race now?  China is already over 207,000 EVs sold this year by August and the U.S. is still looking to cross 100,000 milestone afters sales up to September. To put things into perspective: there are only over 1 million electric cars sold during all of the humankind history, This year alone China can cross 500,000 EVs sales mark! GM Bolt now will ignite the next stage in this race in the U.S. first and with the release of Ampera in Europe as well. We are moving into the mass market stage with two electric cars capable of 200 miles range now with GM Bolt and Tesla Model 3. In China, 25 companies are making now 51 models of electric cars and 200 companies are developing another 4,000 models of EVs. This coming tide will lift our spirits in the lithium industry with the rising prices again.

Lithium Race And Battery Assault.

  "David Fickling made a great article connecting the real story of Lithium Race in China with Warren Buffett's BYD and Tesla in the U.S. Our very small industry is growing so fast now, that quite a few numbers and charts in his article are already off the scale.  My followers would point out that Elon Musk has already announced that Tesla can make a lithium battery with all-in-cost for $190 per kWh! GM has announced earlier this year that LG Chem can go as low as $145 per kWH for its Bolt lithium battery, but only for the lithium cells alone. Gigafactory now will actually produce 50 GWh of lithium batteries by 2018 and 150 GWh by 2022! I will provide a few links and charts with the latest numbers to make it clear why the Lithium 2.0 launch is for real this time. Read more."

China Leads Lithium Race: Electric Cars Sales Doubled For July To 36,000 With 207,000 EVs Already Sold In 2016.


  "China leads the Lithium Race with 98% increase in EVs sales y/y in July! InsideEVs reports that New Energy Vehicles sales hit 36,000 in July bringing the total for 2016 to 207,000. Warren Buffett's BYD is in the lead. Year on year EVs sales in China in 2016 have more than doubled with 123% increase so far! Battery Electric Vehicles are taking 74% of total electric cars sales in China this year.
  Now we can run some back to back comparisons for China and the US. China is moving fast increasing the gap and confirming its status of the largest electric cars market in the world one more time. We have seen the largest increase in the US in sales of EVs in August up to 66% y/y with total 14,882 electric cars sold that month. In China, we had 98% rise and 36,000 EVs sold in July. Total EVs sales in the US up to September were 93,197 and in China, we have already 207,000 by August - leading the US by 122%!     
  What is really important that EVs sales in China are totally dominated by the Chinese automakers. Now we have 25 companies which are making 51 models of electric cars in China. And ... 200 companies are  developing 4,000 new models of electric cars! Not all of them will be Teslas, but we can see what state-level military planning can do. When in the West will we see our new "Manhattan Project" aim to destroy the corruption holding us all back for years with "Clean Diesel" and "Not So Dirty Petrol" cars? Nothing is perfect anywhere and China will take a lot of titles in this field as well, but I am talking about us - when will we start thinking longer than the next turn on the road or Q results? Elon Musk has taken us very far with his own money, holding the ground of the best Lithium Technology and Electric Cars alone against all China state-level planning military machine. Now we need millions of electric cars and very fast. Who will make it? When finally Apple electric car is coming if ever? Where are all those Titans of the E-Commerce, Technology and INTERNET who are swimming in cash - searches, RTs and likes are great, but do you really need them when you cannot breathe anymore? All questions are rhetorical, nothing will change before you start it. Stop buying cancer hazard polluting ICE-age garbage, join our call "Ban Diesel UK" and spread the message.
  For those who like to connect the dots and blessed with more than 30 seconds attention span, I will provide a few links showing what is really happening in the Energy rEVolution Universe now.  Read more."



The impending release of the Tesla Model 3 in 2017 or so garnered huge headlines earlier this year for three reasons: it will cost $35,000 before incentives, it has 215 miles of range, and it's a Tesla. One of the challenges the Model 3 faces is that it will be beat to market by the Chevy Bolt EV. We just learned that the Bolt will trounce the Model 3 in at least one other aspect: the Chevy's official range will be 238 miles.

That's according to the expected EPA numbers that Chevy released today, ahead of the car's availability at dealers in late 2016. What's perhaps most impressive is that 238 miles is almost three times the range of GM's previous all-electric vehicle, the Chevy Spark EV. That little car could only go 82 miles on a single charge of its 19-kWh battery pack. The tripling isn't a huge surprise, given the Bolt EV's 60-kWh pack.

Chevy is promoting the new Bolt EV – along with the Volt plug-in hybrid and the Malibu Hybrid – over at the brand's new website, ChevyEVlife. Chevy hasn't announced the price of the Bolt EV yet, but says that it is expected to be "below $37,500." So, which one is most tempting to you at this point?

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