Showing posts with label Oil. Show all posts
Showing posts with label Oil. Show all posts

Friday, 5 June 2015

First Majestic Silver CEO Complains To CFTC About Market Manipulation.




  At least somebody is taking action. Gold and Silver mining community are not raising their voices enough about the ongoing market manipulations, only GATA continues to raise alarms, but without any mainstream support. First majestic CEO has proposed last year to withhold any sale of Silver from mines for one month, but almost nobody among other silver miners has even supported his action. 


Mining CEO Calls on Fellow Miners to Halt Physical Silver Sales to End the Paper Manipulation.


"How to end silver manipulation: "Let's pick up the month in 2015 and Stop Selling Silver for a month and see what happens" It will be interesting! Can the mining industry come together one day? Will miners ever repeat Rob McEwen's strategy to withhold Gold from selling at lower prices at Gold Corp?"


Bill Murphy: The Man Banned From CNBC For Telling The Truth About Manipulation Of Gold.


"Now the manipulation of Gold market is the case for the court hearing, but just a few short years ago it used to be a conspiracy theory. China moves with AIIB and Yuan SDR addition will bring Gold topic to the world's headlines."


GATA:

First Majestic Silver CEO complains to CFTC about market manipulation

 Section: 
10:37a ET Wednesday, June 3, 2015
Dear Friend of GATA and Gold:
Keith N. Neumeyer, president and CEO of First Majestic Silver, just about the only executive in the monetary metals mining industry who complains openly about market manipulation that suppresses the price of gold and silver, has heeded market analyst Ted Butler's latest call to write to the U.S. Commodity Futures Trading Commission, a call noted by GATA last week:
Neumeyer's letter is posted in PDF format at GATA's Internet site here --
-- and investors in the monetary metals mining industry who are not hopelessly demoralized might do well to bring it to the attention of the companies in which they have invested.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

Kitco:

First Majestic Silver CEO Dings CFTC On Silver Market Manipulation

(Kitco News) - Senior silver producer First Majestic Silver Corp.’s (TSX:FR)(NYSE:AG) Keith Neumeyer, president and chief executive officer, openly questioned the U.S. futures and options watchdog regarding silver market manipulation earlier this week.
In a letter to the Commodity Futures Trading Commission’s (CFTC) chairman Timothy Massad, Monday, Neumeyer raised his concerns with the regulator’s Commitment of Traders Report (COT), dated May 19, 2015.
He noted “a record position change of more than 28,200 net contracts of COMEX silver futures being purchased by traders in the managed money category, the equivalent of 141 million ounces of silver and 61 days of world mine production.
“The COT report also indicates nearly 24,400 net contracts were sold by traders classified as commercials and the equivalent of 122 million ounces and 53 days of world mine production,” he said. “In addition, the report indicated that 8 traders in COMEX silver futures held a net short position of 376 million equivalent ounces of silver, by far the most of any commodity in terms of world production (163 days).”
Neumeyer said in the letter that he’s confused why a concentrated short position would be so large. 
He added that the murkiness of who’s trading the contracts and what they are labeled as further muddies the process.
“Since the Commission classifies traders in the managed money category as speculators (as opposed to hedgers) and because there is little evidence from public financial reports that silver producers are represented in the commercial category, it appears the big changes in positions on the COMEX are by speculators and commercials acting as speculators and not by those engaged in bona fide hedging.”
Neumeyer went on to conclude that the CFTC was not working within the confines of commodity law and said that there is an issue with the discovery price process as “real producers and consumers of silver don’t appear to be represented.”
He ended the letter stating that based on what he outlined, silver market manipulation by the CFTC is apparent.
“As one of the largest primary silver producers in the world, we feel that an effective and fair pricing mechanism is critical for the healthiness of our industry and for the millions of people impacted by what appears from the outside, to be manipulative practices by a concentration of players.”  

By Alex Létourneau of Kitco News aletourneau@kitco.com
Follow Alex Letourneau @alex_letourneau"

Monday, 12 January 2015

2016 Chevrolet Volt Goes Mainstream, Chevy Bolt Is A $30k EV For The Masses.




"The second generation of GM's flagship electric vehicle has just been revealed at the 2015 North American International Auto Show in Detroit. The 2016 Chevrolet Volt is an all-new car featuring more mainstream styling and an electric-only range of 50 miles. Meanwhile, GM also unveiled the Bolt concept car, which is an electric CUV with a 200-mile range and which the company thinks could be sold at a very competitive $30,000."



GM To Release The $30k Chevy Bolt 200 Miles Range EV in 2017.



"This is the real head to head competition between GM and Tesla Motors. Tesla has announced before that Model III will have 200 miles range and $35k price tag. Is GM really getting serious about electric Cars now? Reading the LG Chem Lithium Megafactory article will give you the idea about the long term strategic planning behind this move.
  With LG Chem supplying the batteries I can see the next move that GM will try to fight Tesla's market share in the largest auto-market in the world in China. It is the great news for all electric cars and lithium technology industry! This technological advance coupled with announced by China "The War on Pollution" will bring the real mass market for electric cars in a few years time."



Rebuttal to Study: EVs Being More Dangerous Than Internal Combustion Vehicles.


Bill Williams puts all the nonsense about Electric Cars being more dangerous than with Internal Combustion engines vehicles to rest.


Lithium "Megafactory": LG Chem Breaks Ground For EV Battery Plant In China.


 China is already the top lithium materials producer and now LG Chem will put it solidly on the lithium battery map. LG Chem plans are very ambitious - company plans to produce 100k batteries per year! Tesla Gigafactory rightfully attracts a lot of attention and LG Chem move will find its investment audience as well. All this production of batteries will need the secure supply of lithium.
  International Lithium is positioned to participate in this huge market opportunity in China as part of the vertically integrated lithium business with our strategic partner Ganfeng Lithium. Read more."

Powered By Lithium: Tesla Model III - The BMW 3 Killer Is Coming!


 "Tesla Model III will be the game changer for the mass market for electric cars. Particularly for China it can be the only way forward in order to be able to increase the amounts of cars on its roads without chocking on the very dangerous level of air pollution, which is already causing serious problems for the country. Read more."

China Rolls Out Welcome Mat for Electric Cars: Ganfeng Lithium Partners with International Lithium in Argentina and Ireland.


"According to the World Bank, air pollution costs China as much as $300-billion a year in health problems and productivity losses.
In response, the Chinese central government just announced a slate of pro-electric car policies, including slashing charging station rates by 30%. Navigant Research predicts that global lithium ion battery sales will increase 400% by 2023. Read more."

Saturday, 10 January 2015

GM To Release The $30k Chevy Bolt 200 Miles Range EV in 2017.



  This is the real head to head competition between GM and Tesla Motors. Tesla has announced before that Model III will have 200 miles range and $35k price tag. Is GM really getting serious about electric Cars now? Reading the LG Chem Lithium Megafactory article will give you the idea about the long term strategic planning behind this move.
  With LG Chem supplying the batteries I can see the next move that GM will try to fight Tesla's market share in the largest auto-market in the world in China. It is the great news for all electric cars and lithium technology industry! This technological advance coupled with announced by China "The War on Pollution" will bring the real mass market for electric cars in a few years time.



Rebuttal to Study: EVs Being More Dangerous Than Internal Combustion Vehicles.


Bill Williams puts all the nonsense about Electric Cars being more dangerous than with Internal Combustion engines vehicles to rest.



Lithium "Megafactory": LG Chem Breaks Ground For EV Battery Plant In China.



 China is already the top lithium materials producer and now LG Chem will put it solidly on the lithium battery map. LG Chem plans are very ambitious - company plans to produce 100k batteries per year! Tesla Gigafactory rightfully attracts a lot of attention and LG Chem move will find its investment audience as well. All this production of batteries will need the secure supply of lithium.
  International Lithium is positioned to participate in this huge market opportunity in China as part of the vertically integrated lithium business with our strategic partner Ganfeng Lithium. Read more."

Powered By Lithium: Tesla Model III - The BMW 3 Killer Is Coming!


 "Tesla Model III will be the game changer for the mass market for electric cars. Particularly for China it can be the only way forward in order to be able to increase the amounts of cars on its roads without chocking on the very dangerous level of air pollution, which is already causing serious problems for the country. Read more."

China Rolls Out Welcome Mat for Electric Cars: Ganfeng Lithium Partners with International Lithium in Argentina and Ireland.


"According to the World Bank, air pollution costs China as much as $300-billion a year in health problems and productivity losses.
In response, the Chinese central government just announced a slate of pro-electric car policies, including slashing charging station rates by 30%. Navigant Research predicts that global lithium ion battery sales will increase 400% by 2023. Read more."



WSJ:


General Motors Co. plans to launch a $30,000 electric vehicle called the Chevrolet Bolt that would be capable of driving 200 miles on a charge by 2017, according to people familiar with the strategy, a move to gain ground on Tesla Motors Inc.
GM will show off a concept version of the Bolt on Monday at the Detroit auto show, eight years after the auto giant disclosed it would re-enter the electric car market with the Chevrolet Volt. The Volt, on sale since late 2010 and redesigned for 2015, is being upgraded to get better capability and sharper design, and has a backup gasoline motor on board in case juice runs out.
The Chevy Bolt, carrying a more capable battery manufactured by South Korea’s LG Chem Ltd. , will be aimed squarely at Tesla’s forthcoming Model 3, a $35,000 electric car also slated to debut in 2017. The concept version of the electric car will be a hatchback designed to look more like a so-called crossover vehicle, according to people familiar with the design. The Bolt will be capable of driving four times farther than a Chevrolet Volt plug-in hybrid on a single charge.
GM has thus far struck out in its attempt to match its Silicon Valley rival. Recently, GM launched a $75,000 Cadillac ELR plug-in car that failed to dent Tesla’s dominance among luxury electric-vehicle buyers who have clamored for the Model S sedan.
By placing the Bolt in the high-volume Chevrolet line and giving it a name similar to the Volt, executives hope to polish Chevy’s image as a full-line vehicle manufacturer prepared to meet demand, regardless of prices at the pump, according to people familiar with the strategy. GM expects the Bolt to compete globally, including in markets such as China. It is unclear if a car similar to the Bolt would be inserted in the Opel, Cadillac or Buick brands down the road. Read more on WSJ."

Wednesday, 7 January 2015

Rich Dad’s Robert Kiyosaki: "Cash Will Be Trash," Future Of Gold “Very Good”



"Kitco News speaks with Rich Dad, Poor Dad author Robert Kiyosaki to find out how he sees gold, oil and stocks set up for the coming year, given the volatility in financial markets this month. “Get out of the stock market!” is his clear message to investors in his latest book “Second Chance: for Your Money, Your Life and Our World.” Kiyosaki says he thinks the future of the dollar is bleak, which would translate into a “very good” future for gold prices. “When the euro collapses, it means the dollar will collapse soon thereafter,” he says. When asked if he allocates 5-10% of his portfolio in gold, Kiyosaki says he actually has more and stored in “faraway places.” There’s just one little problem. “The problem with gold…is when I spend gold, when I redeem gold, I'm taxed at 33% and that’s really high,” he says. “So I hold gold not as an investment, I hold it just in case – which I think will happen – the dollar, the yen, the euro and the pound will collapse.” Tune in now to hear more from famed investor and author of bestselling book Rich Dad, Poor Dad Robert Kiyosaki. January 7, 2015."

The Gold Fever In Europe: Germany, Netherlands, France, Belgium - Now Austria Considers Repatriating Its Gold.


The Gold market is getting hotter by the day and repatriation virus is spreading fast in Europe. Do we have some kind of ECB coordinated Gold plan in place ongoing now? Or is it just the realisation that China, India And Russia are putting the enormous strain on the Gold paper market and demand is overwhelming supply now?

Eric Sprott: Global Gold Demand Is Overwhelming Supply.


Nobody believes that Gold can make a true reversal here. Sentiments are at total extreme. We have the capitulation in gold miners and, maybe, this is the sign of the end of this gold bear market.

What's In Store For Gold In 2015?


  Very interesting conversation about Gold, market fundamentals, supply and demand  from Scotiabank conference, including Rob McEwen.

Rick Rules: Capitulation In Gold And Resource Markets.


Rick Rules gives us the very good description of the Capitulation in the Gold and Resource markets. By my personal observations we just had it in place. Rick outlines the big picture for Resources Sector perfectly. This is why I am personally in this business. Real assets will be needed, particularly if and when  we will have the growing world-wide economy. We can discuss all these details all time long and it will never matter before Mr Market will turn - maybe it is happening now.
  Please pay attention one more time what Alan Greenspan has been talking about FED and Gold! These are truly remarkable revelations at this particular turning point.
  We are moving forward with our companies: TNR Gold and International Lithium and advancing our projects. International Lithium enjoys two active J/V programs with Ganfeng Lithium, which is expanding their vertically integrated Lithium business in China now. In TNR Gold we have just concluded the major deal with McEwen Mining. Now TNR Gold holds NSR Royalty in "One of the World's largest undeveloped Copper deposits" - according to McEwen Mining, which is now for sale with clear title. TNR Gold has received shares in McEwen Mining and will get 1% of Los Azules copper project sale if it is done within next 36 months. This is the very nice addition to all our other assets: International Lithium 25.5% stake and 100% in Shotgun Gold deposit.

Friday, 2 January 2015

Inside Story: What's Driving Oil Prices Down?


  

Chris Martenson: The Crash Course - Shale Oil. Can We Survive This Energy War?


Let's put some numbers and technical details of the "Shale Oil Revolution" into perspective. Please make no mistake: Currency Wars are moving fast into Energy Wars or, more precisely - Shale Oil Wars. The economic miracle in U.S is based on the cheap energy and strong US dollar will be killing it fast. The weaker US Dollar must come to save the Shale Oil now.
  We have the technology to change all this geopolitical picture ones and for all - Electric Cars and Elon Musk with Tesla Motors has demonstrated the power of lithium based power-trains. When finally will it  be fully embraced, using this opportunity of the borrowed time of "Shale Oil revolution?"

Thursday, 1 January 2015

Powered By Lithium: Tesla Model S Review.


This video gives a very detailed review of the Tesla Model S.
  

How It's Made: Dream Cars - Tesla Model S.


Consumer Reports: Owners Survey Rates Tesla Model S The Most Loved Car. 98% Would Buy Again.


 I am not surprised! This is the best answer to all people questioning Elon Musk's achievements and lithium powered electric cars technology demonstrated by Tesla Motors!


Elon Musk Interview: World Needs Hundreds of Gigafactories.


  Elon Musk talks about the Gigafactory and incredible numbers behind his vision: "Everything will be fully electric, except for Rockets!" In China his vision can be the only way forward with personal mobility due to the terrible level of air pollution. Read more."

Wednesday, 31 December 2014

Jim Rickards : Get Your Gold Now Before It’s Too Late.



"Kitco News is kicking off its Outlook 2015 coverage with an interview with bestselling author Jim Rickards to see what he thinks will happen to the U.S. economy in the coming year and how it may affect gold. “We’re absolutely in a currency war,” he tells Daniela Cambone. “In 2011, we saw the weak dollar; today, we see the strong dollar. I expect a year from now we’ll see the weak dollar again.” Recent strong economic data out of the U.S. has many analysts expecting the Fed to start raising rates this year. “There’s a lot of weakness behind the numbers,” Rickards says. “The economy is not collapsing, it’s just not growing up to potential and as long as that’s true….the Fed is not going to raise rates.” Rickards adds that he thinks the U.S. economy is fundamentally weak and if it gets worse, he wouldn’t be surprised by a QE4 sometime in 2016. He wants to see what will happen to the dollar once the marketplace realizes that the Fed cannot raise rates yet. Looking at gold, Rickards says the current price is a great entry point because once it takes off, he thinks it will be hard for investors to find any gold. Tune in now for a more in-depth look into Rickards’ outlook for 2015 and hear why he thinks the currency wars are not yet over. Kitco News, December 12, 2014."

The Gold Fever In Europe: Germany, Netherlands, France, Belgium - Now Austria Considers Repatriating Its Gold.


The Gold market is getting hotter by the day and repatriation virus is spreading fast in Europe. Do we have some kind of ECB coordinated Gold plan in place ongoing now? Or is it just the realisation that China, India And Russia are putting the enormous strain on the Gold paper market and demand is overwhelming supply now?

Eric Sprott: Global Gold Demand Is Overwhelming Supply.


Nobody believes that Gold can make a true reversal here. Sentiments are at total extreme. We have the capitulation in gold miners and, maybe, this is the sign of the end of this gold bear market.

What's In Store For Gold In 2015?


  Very interesting conversation about Gold, market fundamentals, supply and demand  from Scotiabank conference, including Rob McEwen.

Rick Rules: Capitulation In Gold And Resource Markets.


Rick Rules gives us the very good description of the Capitulation in the Gold and Resource markets. By my personal observations we just had it in place. Rick outlines the big picture for Resources Sector perfectly. This is why I am personally in this business. Real assets will be needed, particularly if and when  we will have the growing world-wide economy. We can discuss all these details all time long and it will never matter before Mr Market will turn - maybe it is happening now.
  Please pay attention one more time what Alan Greenspan has been talking about FED and Gold! These are truly remarkable revelations at this particular turning point.
  We are moving forward with our companies: TNR Gold and International Lithium and advancing our projects. International Lithium enjoys two active J/V programs with Ganfeng Lithium, which is expanding their vertically integrated Lithium business in China now. In TNR Gold we have just concluded the major deal with McEwen Mining. Now TNR Gold holds NSR Royalty in "One of the World's largest undeveloped Copper deposits" - according to McEwen Mining, which is now for sale with clear title. TNR Gold has received shares in McEwen Mining and will get 1% of Los Azules copper project sale if it is done within next 36 months. This is the very nice addition to all our other assets: International Lithium 25.5% stake and 100% in Shotgun Gold deposit.

Sunday, 28 December 2014

How It's Made: Dream Cars - Tesla Model S.




Consumer Reports: Owners Survey Rates Tesla Model S The Most Loved Car. 98% Would Buy Again.



 I am not surprised! This is the best answer to all people questioning Elon Musk's achievements and lithium powered electric cars technology demonstrated by Tesla Motors!

Chris Martenson: The Crash Course - Shale Oil. Can We Survive This Energy War?


 Let's put some numbers and technical details of the "Shale Oil Revolution" into perspective. Please make no mistake: Currency Wars are moving fast into Energy Wars or, more precisely - Shale Oil Wars. The economic miracle in U.S is based on the cheap energy and strong US dollar will be killing it fast. The weaker US Dollar must come to save the Shale Oil now.
  We have the technology to change all this geopolitical picture ones and for all - Electric Cars and Elon Musk with Tesla Motors has demonstrated the power of lithium based power-trains. When finally will it  be fully embraced, using this opportunity of the borrowed time of "Shale Oil revolution?" Read more."

Elon Musk Interview: World Needs Hundreds of Gigafactories.


  Elon Musk talks about the Gigafactory and incredible numbers behind his vision: "Everything will be fully electric, except for Rockets!" In China his vision can be the only way forward with personal mobility due to the terrible level of air pollution. Read more."





Friday, 26 December 2014

Mining CEO Calls on Fellow Miners to Halt Physical Silver Sales to End the Paper Manipulation.


  
  How to end silver manipulation: "Let's pick up the month in 2015 and Stop Selling Silver for a month and see what happens" It will be interesting! Can the mining industry come together one day? Will miners ever repeat Rob McEwen's strategy to withhold Gold from selling at lower prices at Gold Corp?

What's In Store For Gold In 2015?



 Very interesting conversation about Gold, market fundamentals, supply and demand  from Scotiabank conference, including Rob McEwen.

http://www.platformwebcast.com/scotiabank021214/index25.html#



TNR Gold: Rob McEwen Webcast on Gold, McEwen Mining and Los Azules Copper.

  

  Last week Rob McEwen has organised the conference call to discuss Gold, McEwen Mining and Los Azules copper. Please visit McEwen Mining website to find out the webcast and latest presentation from McEwen Mining at Goldman Sachs Annual Global Metals & Mining / Steel conference. You have to register to listen to the conference call. TNR Gold shareholders can find very interesting information on the valuation of Los Azules and investment climate in Argentina provided by McEwen Mining.
  Please read our full legal disclaimer and do not rely on any of this information in your investment decisions. You can find all latest TNR Gold information in our regulatory filings and on TNR Gold website.

Thursday, 25 December 2014

China Puts Billions Into Electric Cars & EV Charging Stations.



 

  Electric Cars are not only about the price of oil, but about the ability to enjoy personal mobility in the urban centres with millions of people packed in megalopolises in China and India. Lithium based technology makes it possible.


China Rolls Out Welcome Mat for Electric Cars: Ganfeng Lithium Partners with International Lithium in Argentina and Ireland.



“Ganfeng has an army of lithium-focused geologists who looked at projects in every corner of the planet,” stated ILC president Kirill Klip in an exclusive interview, “but they chose ILC to do business with. This is a big de-risking factor for our current and future shareholders. The Chinese do their homework. They believe in the geology of our assets, our management and our development strategy.” Read more.




Lithium Drive: China's Electric Vehicle Output Grows Fivefold.


  China continues to build its new strategic industry - Electric Cars and now we can see the first results.  International Lithium is well positioned to participate in this macro trend in China with its strategic partner Ganfeng Lithium.



Clean Technica:

China Puts Billions Into Electric Cars & EV Charging Stations 


December 24th, 2014 by 

China has no time to waste in mitigating air and water pollution, nor doing its part to cut global warming emissions. To help address these issues, China came up with a significant plan to adopt 5 million electric cars. The issue now is how to supply enough charging stations to fuel the cars.
China’s current electric vehicle (EV) owners are reportedly running into problems finding charging for their electric cars thus.
Bloomberg reports that China’s government last month said it would increase incentives to city governments to make more progress towards construction of EV charging facilities. It is of course necessary to match incentives for buying EVs with incentives for charging stations, as owners generally need to charge their plug-ins every day or every other day. “The central government is considering spending as much as 100 billion yuan to build charging facilities and spur demand for new-energy vehicles, two people familiar with the matter said in August.” (100 billion = a little more than $16 billion at the moment.)
A US state that wants only EVs, California, just made strides with this very issue — it allows renters to install EV chargers wherever they rent. Perhaps China needs to look at California’s policy changes for renters and businesses to increase the chances of success in their country. Of course, building owners could also be more progressive.
According to Bloomberg, “Eddy Wu, a Shanghai resident, apartment complex and office won’t let him charge the BYD Co. vehicle in their parking lots, saying it poses a fire risk. Using the nearest public charging station means driving 5 kilometers (3 miles) and paying cash. With gas prices expected to tumble with the almost 40 percent plunge in crude-oil since June, there will even less incentive to charge his Qin sedan.” (Note that the Qin is a plug-in hybrid, so it can charge and run on electricity or fill up on gas and drive like a conventional car.)
The problem is troubling and in ongoing resolution worldwide – however, China’s problem is especially precarious. For one, many people live in multi-family buildings and don’t have their own personal chargers. There are also the pollution problems noted above and increasing oil dependency, which is costly. “There’s dependency on oil, with almost 25 percent of the world’s production going to China. I believe it’s the only chance for the Chinese car manufacturers to catch quickly up with international car manufacturers.”
Even in countries that are seeing steady use and growth of EVs, “range anxiety anxiety” is a significant concern of potential owners (EV owners for the most part realize it’s not an issue).
Yan Xuefei, also a Shanghai resident, who charges his Qin at night at a factory near his apartment (when it is not raining… as per the factory’s policy) told Bloomberg: “The government has given generous subsidies for us to buy the cars and publicized the merits of new-energy vehicles,” Yan said. “But so many car owners can’t easily charge their cars as they don’t have designated parking spots.”
So, due to relevant concerns, even with good government subsidies that reduce the costs of cars quite a bit, demand is slow in China. By September, the country was far behind its 2015 target for introducing alternative-energy cars. China’s goals are high – but the obstacles are still presenting problems. China offers an exemption from a 10% purchase tax and free license plates issued in various cities, including Shanghai, to EV buyers. This is a pretty big deal, as gasoline-powered auto plates cost about $12,000 in the country.
China recently agreed to halve its CO2 emissions peak by 2030, as part of a deal with the US, in which the US will also make bigger cuts. EVs are an important part of that, combined with solar, wind, hydro, and nuclear power.
“When plug-in hybrid owners decide whether to use electricity or gasoline, the determining factor is charging facilities,” Dong Yang, secretary-general of the China Association of Automobile Manufacturers, notes. “With the increase of charging facilities, the effects of reduced gas emissions from plug-in hybrid vehicles will become more apparent.”
Bloomberg adds: “In Shanghai, the city’s government plans to build 6,000 charging points by 2015 while it has a target of 13,000 alternative-energy vehicles on its roads during the same time frame. It’s also working with companies including Bayerische Motoren Werke AG to build charging facilities.”
Tesla continually addresses the need of charging stations worldwide, and that certainly includes China. The US electric car rock star began the efforts after the start of its Model S sales in China in April. Tesla has deals to build 400 charging points in 120 cities. It will work with China Unicom, the nation’s second-largest mobile phone company, and real-estate developers Soho China Ltd. and China Yantai Holdings Co.
Charging stations are a vital key to success in our transformation to zero emissions. China is not alone with its charging station problems. But I think it won’t be long before this hurdle is also crossed. On that note, if you are an organization or owner set to invest in a charging station, check out Six Questions to Ask Before Buying Electric Vehicle Charging Stations (a nice infographic is included). CleanTechnica."