Warren Buffett's BYD To Raise $2.4 Billion To Finance Expanded Production Of Lithium Batteries And EVs.

InsideEVs.

Volkswagen And DieselGate: The Solution - Lithium Technology Is Here To Change Our World.

" … And it is not your choice any more, The big pain is coming. Lithium Technology is here to change our world. Elon Musk will not make it all alone. We have to push our society to accept this disruption and stop burning fossil fuels to produce our energy. We have to have our "Manhattan plan" in the West to make it.
  China is rising and it has the military plan to build electric cars as strategic industry. It is great … for China, but what about us? Now David Cameron is supporting Nuclear plants to be built by China in the UK and cutting Solar subsidies. Yes, stupidity is without boarders or party limits. Mark my words: it will be another one as "Clean Diesel" which was made by Labor. But "Clean Nuclear" made by Tories can be even more damaging. Just check the latest news on cancer rates from Fukushima. They have swept it under the rug already! 
  Two Solar companies have gone bust already in the UK with thousands of workers on the streets now. Before this shameful myopic disgrace on the part of David Cameron UK Solar Power was growing fastest in Europe. I will extend my brave experiment with ultimate emissions test to Nuclear Power vs Solar as well. I will stay with Solar Panels and politicians should go into the Nuclear Reactor Room. First step to recovery is to stop BS ourselves. 

"My personal offer still stands. Ultimate emission test. Now I will extend it to all politicians and regulators as well. I will spend a night in the closed garage with Tesla Model S with "running engine." CEOs from automakers and their friends politicians are welcome to do the same with Internal Combustion Engine (ICE) car and engine running even with the best compliance with all emission standards. I hope that Elon Musk will borrow me one Tesla while I am waiting for mine."

  Do you know that Lithium Battery was developed in the West? It was commercialised by SONY in 80s and now South Korea is the leading manufacturer with Samsung and LG Chem. But China already controls 75% of Lithium Hydroxide which goes into Tesla batteries and they are moving very fast with their own Megafactories to rival Tesla with its Gigafactory to produce lithium batteries on the mass scale. 
  The pain is coming, you can't stop it. Internal Combustion Engines (ICE) will be dying with Fossil Fuels. It is just the law of nature. Electric Cars are better and they will become cheaper as well  very soon. We can make it as a pain of growth, but who will make it?  All these jobs for The Next Industrial rEVolution could be here, not just going again to China. Germany with its brilliant engineers can produce lithium batteries and electric cars and it can happen in every country. It is all here, with all numbers on the links below. Just spread the word.
  But we all need your help for this change, what have you done lately? Read more."

InsideEVs: "All 8 Of BYD’s 8 Vehicles On Display At Shanghai Auto Show Are Plug-In Electric Cars"

  Warren Buffett backed BYD provides very good illustration to my thoughts on the current situation with DieselGate and Lithium Technology. I expect China to become the world largest EVs market by sales early next year. China's military plan to conquer  the world with Electric Cars and Lithium Batteries stands in a very sharp contrast to the attempts by auto-makers in the West to fool us all around again. You can find the chronicles of BYD Rising Lithium Empire on the links below.

DieselGate: Auto Industry Calls For More Time To Properly Poison Our Kids With Increased Deadly Emissions.

Warren Buffett Backed BYD Presents Fleet Of Long-Range All-Electric C9 Coaches.

InsideEVs:

BYD Hopes To Raise $2.4 Billion To Finance Expanded Production Of Batteries, New Energy Vehicles

BYD announced its intention to raise 15 billion yuan (US$2.4 billion) in equity placements.

The main purpose for the funding is to finance expansion of the company’s lithium-ion battery production and development of new New Energy Vehicles (that’s all-electric and plug-in hybrids for those outside China). Cash will be needed also to replenish working capital and pay loans.

BYD bets heavily on NEVs, and this part of its business really is growing strong with a large wave of Chinese NEVs on the market today.

This year, BYD hopes to sell 60,000 NEVs. Sales of cars, without trucks and buses, amounted to 30,000 in the first eight months of 2015.

BYD Tang

According to WantChinaTimes.com, revenues from NEVs stand at nearly 19% of total BYD revenues in the first half of 2015 (up 120% year-over-year) at 5.976 billion yuan (US$940 million).

“BYD boasts some major advantages in the development of new energy vehicles. First, its product line in this sector covers pure electric vehicles and hybrid EVs, with the latter more suitable for the private car market. Second, the company owns more mature technology and has accumulated comprehensive marketing experience. Third, the firm has flexible product lines, with its products also including electric lift trucks and electric road sweepers, in addition to general EVs, HEVs and PHEVs.

New energy vehicles already launched or to be launched by BYD will enable the firm to secure viable operations in the new niche market. After launching the Qin hybrid SUV and the Tang hybrid SUV, the company will soon debut the Song plug-in hybrid SUV and Yuan compact plug-in hybrid SUV. Market analysts said that such a fast pace in offering a variety of models in this regard has shocked BYD’s competitors.”

Warren Buffett Backed BYD Presents Fleet Of Long-Range All-Electric C9 Coaches.

  

  Not a lot of people know that Warren Buffett was one of the first who embraced lithium technology and backed Chinese giant BYD with his 10% investment stake. War on Pollution, Largest auto-market in the world and China's sate-level plan to develop electric cars as strategic industry produces very interesting results now. InsideEVs reports about the progress by the world largest electric bus producer from China. 

Lithium Boom: Warren Buffett Goes Green - 35 BYD Electric Buses Are In Service At Amsterdam Schiphol Airport.

"A fleet of 35 pure electric BYD ebuses is in service at Amsterdam Schiphol Airport, making it the first major world airport to provide pure electric passenger transportation between the terminals and aircraft.

Schiphol selected BYD after a competitive tender process. The BYD ebus has been proven in 47 major European cities and has not only demonstrated to be fully viable, but also to be environmentally friendly and to deliver a strongly reduced Total Cost of Ownership.

The 12m BYD ebuses are the first in Europe to feature only two battery packs, based on the company’s renowned Iron-Phosphate battery technology. The reduced number of battery packs means more space and reduced overall weight."

  

  Warren Buffett goes green with his investments in Solar and BYD and now it is a payoff time. BYD is riding the tide and making headlines all around the world with its electric busses, electric trucks and EV Qin   has made it to the top 3 best selling electric cars.

Lithium Race In "War On Pollution": Investors Swarming Lithium Battery Market In China.

  I continue to map the fast changing landscape for Lithium Battery business. Today we can start to add more Megafactories to the list. Tesla Gigafactory is being chased not only by Warren Buffet with BYD, but other well established players that we have discussed before: LG Chem, Foxconn, Boston Power and A123. Today we can start to dig out 17 new players in lithium battery space. I think that in the end we will have very similar situation to the Solar Panels - lithium batteries will become a commodity and price will drop dramatically. For my personal Holy Grail we need $100 per kWh - it will bring us my magic 20/200: $20k electric car with 200 miles range. 

  In the end we will have the overcapacity built and consolidation in the lithium battery space, but for now: the more - the better! State-level government policy to build new strategic industry: electric cars,  brings its fruits already and new stimulus money which are fighting stock market collapse are sipping in the incredibly high growth lithium space.

  The best players will be rising faster with this tide and Ganfeng Lithium is very well positioned for this growth. Ganfeng is building vertically integrated lithium  business with International Lithium as strategic partner to develop the secure supply of lithium. Ganfeng newly built facility with 6,000 t/y of Lithium Hydroxide capacity is ready to supply this rapidly growing demand for high purity battery grade lithium. China now controls 75% of Lithium Hydroxide battery grade production facilities in the world. Prices are already going up even before all these Gigafactories will be coming on-line. Joe Lowry will be your best guide into the building shortages in the lithium market and a lot of broken dreams and promises in this industry. He forecasts the dramatic 150% rise in Lithium Demand over next 10 years and Apple Electric iCar is not even accounted for!
  Ganfeng has bought a small Chinese mobile lithium battery maker last year and has secured 10% stake in revamped Boston Power, which is building its own Megafactory in China now. Check out our latest news from both J/V projects of International Lithium financed by Ganfeng in Argentina and Ireland.

  "War on Pollution" and state-level plan are driving this incredible advance in technological leap into post carbon world by China now. Leapfrog into EV space mass production is happening already. Not a lot of people realise that Warren Buffet is one of the major players now in China with his BYD investment and Elon Musk talks Tesla production in China while building Superchargers Network. It will charge the mass market with Tesla Model 3 rolling out in 2018. Apple iCar will change our landscape overnight and connection with Foxconn can be a very interesting twist to the whole story. Ganfeng Lithium already supplies LG Chem, BYD, Boston Power and Panasonic which supplies cells to Tesla Motors and investing in Tesla Gigafactory. International Lithium new aggressive stage of development will bring us closer to potential production for this well established top lithium materials producer in the world.

The Lithium-Ion Battery Megafactories Are Coming: Production To More Than Triple by 2020.

International Lithium Corp. Reports on Continuing Work in Argentina and Ireland With Ganfeng Lithium.

  

Mr. Kirill Klip, President, International Lithium Corp. comments, "Our projects are advancing in tandem with rising lithium prices. The lithium supply chain is being stressed even before the commissioning of the Tesla Gigafactory and other megafactories from BYD, Foxconn, Boston Power and LG Chem. Our joint ventures with Ganfeng Lithium demonstrate that cooperation between companies with varying expertise in the raw materials supply chain can work to secure a supply of strategic commodities. In this case, lithium which is necessary for the clean energy initiatives announced by the U.S. and China. These two countries alone will provide mass markets for electric cars and home energy storage units increasing the demand for lithium batteries."

Lithium Boom: Warren Buffett's BYD Qin Made To The World's Top Three Best Selling Electric Cars In June.

InsideEVs:

BYD Presents Fleet Of Long-Range All-Electric C9 Coaches.

"This past January. BYD unveiled in New Orleans its new all-electric coach bus C9.

With a 365 kWh battery and claimed 190 miles of range, it was a pleasant surprise.

As it turns out, these buses are already in production as we found a fleet in China at the Dalian International Conference Center during Summer Davos 2015.

BYD delivered some 20 C9 VIP shuttles with capacity for 53 passengers.

The Chinese company still claims 300 km (186 miles) or more range and over 100 km/h (62 mph) top speed. Charging takes 1-2 hours, so they must have access to 200+ kW chargers as well."

Lithium Boom: Warren Buffett Goes Green - 35 BYD Electric Buses Are In Service At Amsterdam Schiphol Airport.

"A fleet of 35 pure electric BYD ebuses is in service at Amsterdam Schiphol Airport, making it the first major world airport to provide pure electric passenger transportation between the terminals and aircraft.

Schiphol selected BYD after a competitive tender process. The BYD ebus has been proven in 47 major European cities and has not only demonstrated to be fully viable, but also to be environmentally friendly and to deliver a strongly reduced Total Cost of Ownership.

The 12m BYD ebuses are the first in Europe to feature only two battery packs, based on the company’s renowned Iron-Phosphate battery technology. The reduced number of battery packs means more space and reduced overall weight."

  

  Warren Buffett goes green with his investments in Solar and BYD and now it is a payoff time. BYD is riding the tide and making headlines all around the world with its electric busses, electric trucks and EV Qin   has made it to the top 3 best selling electric cars.

Lithium Race In "War On Pollution": Investors Swarming Lithium Battery Market In China.

  I continue to map the fast changing landscape for Lithium Battery business. Today we can start to add more Megafactories to the list. Tesla Gigafactory is being chased not only by Warren Buffet with BYD, but other well established players that we have discussed before: LG Chem, Foxconn, Boston Power and A123. Today we can start to dig out 17 new players in lithium battery space. I think that in the end we will have very similar situation to the Solar Panels - lithium batteries will become a commodity and price will drop dramatically. For my personal Holy Grail we need $100 per kWh - it will bring us my magic 20/200: $20k electric car with 200 miles range. 

  In the end we will have the overcapacity built and consolidation in the lithium battery space, but for now: the more - the better! State-level government policy to build new strategic industry: electric cars,  brings its fruits already and new stimulus money which are fighting stock market collapse are sipping in the incredibly high growth lithium space.

  The best players will be rising faster with this tide and Ganfeng Lithium is very well positioned for this growth. Ganfeng is building vertically integrated lithium  business with International Lithium as strategic partner to develop the secure supply of lithium. Ganfeng newly built facility with 6,000 t/y of Lithium Hydroxide capacity is ready to supply this rapidly growing demand for high purity battery grade lithium. China now controls 75% of Lithium Hydroxide battery grade production facilities in the world. Prices are already going up even before all these Gigafactories will be coming on-line. Joe Lowry will be your best guide into the building shortages in the lithium market and a lot of broken dreams and promises in this industry. He forecasts the dramatic 150% rise in Lithium Demand over next 10 years and Apple Electric iCar is not even accounted for!
  Ganfeng has bought a small Chinese mobile lithium battery maker last year and has secured 10% stake in revamped Boston Power, which is building its own Megafactory in China now. Check out our latest news from both J/V projects of International Lithium financed by Ganfeng in Argentina and Ireland.

  "War on Pollution" and state-level plan are driving this incredible advance in technological leap into post carbon world by China now. Leapfrog into EV space mass production is happening already. Not a lot of people realise that Warren Buffet is one of the major players now in China with his BYD investment and Elon Musk talks Tesla production in China while building Superchargers Network. It will charge the mass market with Tesla Model 3 rolling out in 2018. Apple iCar will change our landscape overnight and connection with Foxconn can be a very interesting twist to the whole story. Ganfeng Lithium already supplies LG Chem, BYD, Boston Power and Panasonic which supplies cells to Tesla Motors and investing in Tesla Gigafactory. International Lithium new aggressive stage of development will bring us closer to potential production for this well established top lithium materials producer in the world.

The Lithium-Ion Battery Megafactories Are Coming: Production To More Than Triple by 2020.

International Lithium Corp. Reports on Continuing Work in Argentina and Ireland With Ganfeng Lithium.

  

Mr. Kirill Klip, President, International Lithium Corp. comments, "Our projects are advancing in tandem with rising lithium prices. The lithium supply chain is being stressed even before the commissioning of the Tesla Gigafactory and other megafactories from BYD, Foxconn, Boston Power and LG Chem. Our joint ventures with Ganfeng Lithium demonstrate that cooperation between companies with varying expertise in the raw materials supply chain can work to secure a supply of strategic commodities. In this case, lithium which is necessary for the clean energy initiatives announced by the U.S. and China. These two countries alone will provide mass markets for electric cars and home energy storage units increasing the demand for lithium batteries."

Lithium Boom: Warren Buffett's BYD Qin Made To The World's Top Three Best Selling Electric Cars In June.

Lithium Boom: Warren Buffett's BYD Qin Made To The World's Top Three Best Selling Electric Cars In June.

  

  Time is to check out Plug-In Hybrid BYD Qin from the Warren Buffett backed company. BYD was a news darling in 2008 when Warren Buffett has bought 10% stake in Chinese auto-maker in the middle of financial Armageddon. His 200 million investment quickly turned into 1 billion plus after the worst of the financial crisis was over in 2009. But after that BYD was struggling with safety and sales - technology was not there and the market was sceptical. This year BYD has made the news becoming the world's largest electric bus producer and with its own lithium battery Megafactory taking on Elon Musk himself and his Tesla. Just couple of weeks ago BYD has secured a large order from UK for electric buses and now BYD Qin has made it into the world's top three best selling electric cars in June after Tesla  Model S and Nissan Leaf. It looks like China can become world's largest auto-market for electric cars if not this year, but the next one for sure.

Lithium Race: Tesla Model S Surges To #1 In Worldwide Electric Car Sales For June 2015.

"In June, the Tesla Model S was the best selling plug-in electric car in the world.

With sales estimated at 4,994, Tesla Model S exceeded the 4,711 Nissan LEAFs sold, while the BYD Qin in third was able to cross the 4,000 mark at 4,015."

Backed By Warren Buffett China's BYD Takes Aim At Elon Musk's Tesla Gigafactory In Battery Race.

  Our industry is getting hotter by the day. After Apple Electric iCar rumours running wild and getting more and more confirmation, we have Warren Buffett stepping into the Lithium Battery Race. Now we have Tesla with its Gigafactory, LG Chem with its Megafactory in China and Boston Power with stake holding by or strategic partner Ganfeng Lithium in Lithium Battery Race. BYD with Warren Buffett backing is making this investment landscape even more exciting. As Elon Musk has said: "All transportation, apart from rockets, will be electric" 

Dump The Pump: Warren Buffett And Elon Musk To Spark A Lithium Boom.

  

  

  I find it quite symbolic that Oil Price has published this article by James Stafford. Our lithium story is getting on the investors' radar screens, the process is slow and masqueraded by the carnage in commodity sector. People and companies who are building their portfolios cannot imaging more opportune time: Elon Musk and Warren Buffett are making the broad market appeal for electric cars and solar energy, but lithium market itself is still full of smoke and mirrors. And now just wait for the official confirmation from Apple about electric iCar to spark all electric cars market and hedge funds start fishing upstream all supply chain. This is where Lithium comes into play as the strategic commodity, where security of supply is the most important now. The disparity in commodity and technology valuations creates great opportunities for those who can think long-term and cherry pick the best assets at the rock bottom valuations. Where to go: always do your DD and follow the smart money from industry insiders. I will provide links for your research and share all publicly available information about International Lithium and our strategic partner Ganfeng Lithium. Please do not hesitate to contact myself on any of the social media platforms or at International Lithium. We are here to make this rEVolution happen. Dump The Pump. Read more.

"The BYD Qin (pronounced "Chin") is a plug-in hybrid compact sedan developed by BYD Auto with an all-electric range of 70 kilometres (43 mi) and a hybrid electric powertrain that can extend the car's total range to a distance similar to that of a conventional gasoline-powered vehicle. The BYD Qin concept car was unveiled at the 2012 Beijing International Automotive Exhibition, and the car is named after China's first empire, the Qin Dynasty. The Qin starts at 189,800 rmb (~US$31,000), before any applicable government subsidies and tax exemptions available for eco-friendly vehicles.
The Qin is the successor of the BYD F3DM, the world's first mass-produced plug-in hybrid automobile, launched in China in 2008. In April 2012, BYD announced that due to its low sales, the F3DM was to be replaced by the Qin. The BYD Qin is the plug-in hybrid version of the BYD Su Rui, launched in the Chinese market in August 2012. The Qin was initially scheduled to be released in Shenzhen, China, in August 2013, and after missing the target date several times, deliveries began in mid December 2013. Retail sales of the BYD Qin began in Costa Rica in November 2013, and BYD plans to start sales in other countries in Central and South America in 2014.
The Qin was designed with BYD Auto's next-generation more efficient dual-mode electric powertrain. The BYD Qin uses a smaller 13 kWh lithium iron phosphate batteries (LiFePO4) instead of the 16 kWh battery used on the F3DM. The LiFePo4 battery has a high energy density and can withstand up to 4,000 charges while still retaining 80% performance, and uses no toxic heavy metals in its manufacture. Due to its improved design, the new battery is about 50% smaller and lighter than the one used on the F3DM. The reduced battery pack size will translate into reduced price, but at the expense of the all-electric range, which BYD estimates at 50 kilometres (31 mi) while the F3DM delivers an all-electric range of 97 kilometres (60 mi). BYD says the Qin will have a 7% better efficiency, power and energy-saving and in pure EV mode.
In hybrid mode, the Qin uses two 110 kW electric motors and a 1.5 liter turbo-charged direct-injected engine, instead of the 1-liter 3-cylinder engine used in the F3DM, to output 223 kW of power and 440 Nm of torque. According to BYD Auto, the Qin can accelerate from 0 to 100 km/h (0 to 62 mph) in less than 5.9 seconds and has a top speed of 185 km/h (115 mph), 3.3 seconds faster than the Chevrolet Volt. Thanks to its smaller battery and increased wheelbase, the Qin will have more interior space than the F3DM, and the styling has also been improved over BYD's earlier models, most notably in the car's interior. The Qin features two large TFT LCD displays on the dashboard, equipped with the BYD "i" intelligent cloud system platform incorporating features like telematics, cloud-computing and a full range of services 24 hours a day."

Copper and Lithium: Energy Metals - Kick-Off Visionary Panel Discussion On Solar Energy.

   Great energy on this panel discussion. Find the macro trends driving the future in energy. You will be surprised by the incredible growth in Solar Energy and the drivers behind it. This new growth will be the rising force for Copper and Lithium demand and will make the clean source to power electric cars.

Copper's Bright New Age: Solar Electricity Utility Scale And Electric Cars.

"Copper and Lithium become the strategic metals for the ongoing green revolution. Solar and Wind Energy and Electric Cars will drive the new demand for these metals. Solar Energy is growing very fast all over the world now. Energy Storage will be the next step to ignite this growth. This is the new focus of Elon Musk and his Gigafactory. He will introduce the home storage system based on the lithium batteries in the next few months. Copper will have its special place in this mass scale roll out of distributed energy generation systems with Wind and Solar Power. Integral part of this system - Energy Storage is getting popular now with Elon Musk Gigafactory and Warren Buffet with BYD making the headlines. These Trillion Dollar industries: Electric Cars and Energy Storage will drive the demand for Copper and Lithium in the future. Watch the video."

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.

Copper's Bright New Age: Solar Electricity Utility Scale And Electric Cars.

"Investment growth in solar electricity is dramatic, and along with wind it will dominate the worldwide energy scene within a few decades. Copper demand will increase because of the growing use of solar electricity. Solar power is among the quickest to build, creates jobs, community benefits, new tax revenue for small towns. Air conditioning and peak energy demands align with when the sun is shining. The USA, China and Germany are aggressively adding solar power. Copper is either the only choice or the quality technology choice for solar parks due to its conductivity, durability, malleability and so on."

TNR Gold Receives Royalty From McEwen Mining On "One Of The Largest Undeveloped Copper Projects".

  Copper and Lithium become the strategic metals for the ongoing green revolution. Solar and Wind Energy and Electric Cars will drive the new demand for these metals. Solar Energy is growing very fast all over the world now. Energy Storage will be the next step to ignite this growth. This is the new focus of Elon Musk and his Gigafactory. He will introduce the home storage system based on the lithium batteries in the next few months. Copper will have its special place in this mass scale roll out of distributed energy generation systems with Wind and Solar Power. Integral part of this system - Energy Storage is getting popular now with Elon Musk Gigafactory and Warren Buffet with BYD making the headlines. These Trillion Dollar industries: Electric Cars and Energy Storage will drive the demand for Copper and Lithium in the future.

Copper Surges As Freeport Halts Grasberg Mine - The Looming Supply Gap Comes Sooner.

 "Copper is in the very tight supply now and price is surging for the second day. This example just shows that resource nationalism is not going away. Security and diversity of supply will be the key. When Dr Copper will buy into the recovery story? Nobody knows it, but I doubt that FED can start any meaningful rate hikes before Copper will go back above $3.0 mark. FED is not driven by commodity prices, but there is no real growth before commodities will turn up again. Copper takes the particular place now as electrification of our transportation and introducing Solar Power on the mass scale will be driving the demand in years to come. Industry insiders will be our guide as usual here. Just follow the smart money, as this supply gap can be coming much sooner now. Read more."

Backed By Warren Buffett China's BYD Takes Aim At Elon Musk's Tesla Gigafactory In Battery Race.

  "Our industry is getting hotter by the day. After Apple Electric iCar rumours running wild and getting more and more confirmation, we have Warren Buffett stepping into the Lithium Battery Race. Now we have Tesla with its Gigafactory, LG Chem with its Megafactory in China and Boston Power with stake holding by or strategic partner Ganfeng Lithium in Lithium Battery Race. BYD with Warren Buffett backing is making this investment landscape even more exciting. As Elon Musk has said: "All transportation, apart from rockets, will be electric" Read more."