Sunday, November 15, 2009

Lithium and REE: Taiwan, China poised to join hands in electric car development TNR.v, CZX.v, SQM, ROC, FMC, WLC.v, LI.v, RM.v,, RES.v, QUC.v,

The race is on, China controls rare earth elements market, they are making lithium batteries and now they are moving aggressively up the food chain and value line. Electric cars are not only Energy security, but they are the new manufacturing base in development with thousands of new jobs at stake - who will produce cheaper and more reliable cars with acceptable range to take the significant market share of this Next Big Thing? Nissan Leaf is on the roads already, Chinese BYD claims the most extended range on one charge and Koreans are going after Prius - will U.S. slip behind again?

In an all-electric car, high energy density and light weight rechargeable lithium ion batteries are used. The batteries can be charged simply by using household electricity outlets which are discharged to power electric motors with zero emissions.Electric cars are very reliable and maintenance free. There is no need of oil changes and filter change and tuning. Electric Vehicles have fewer than 1/10th as many parts as a gas car. There's no engine, transmission, spark plugs, valves, fuel tank, tailpipe, distributor, starter, clutch, muffler or catalytic converter.The best way to reduce carbon emissions is to utilize the ever cleaner, greener, more renewable grid to power transportation. Only grid-rechargeable cars can attain the end goal of zero-emissions and ensure fuel price stability."

"Taiwan News Taiwan, China poised to join hands in electric car development
Central News Agency 2009-11-15 08:54 PM

Taipei, Nov. 15 (CNA) A cross-Taiwan Strait conference on electric cars is set to usher in closer cooperation between Taiwan and China in the research and development of environmentally friendly electric vehicles, Ministry of Economic Affairs (MOEA) officials said Sunday.
The cross-strait electric car conference, slated for Nov. 24-25 in Taipei, is expected to bring together leading automobile makers and vehicle designers from the two sides for an exchange of opinions and the showcasing of their respective R&D achievements.
The conference is one of the programs under the "Bridge-Building Project" devised by the MOEA's Department of Industrial Technology to bolster industrial exchanges and cooperation across the Taiwan Strait.
According to the ministry officials, Taiwanese electric car developers have already put their names on the world map, particularly for their development of on-board energy storage packs and electric motors.
The MOEA plans to help build 10 special zones for electric car development around Taiwan over the next three years, in the hope that by 2015, the country will have produced 45,000 electric cars, 15,000 of which will have been exported, the officials said.
Meanwhile, they said, China's economic authorities are pushing for a "1,000 electric cars in 10 cities" project, hoping to further power the development of clean, energy-saving vehicles.
(By Lin Shu-yuan and Deborah Kuo)"
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