"This initiative is good for middle-class families. It is good for our security. It is good for our planet," President Obama.
CS. Obama has told you about our Investment Thesis in three short sentences. We are not so smart and we do not have such an authority - we need to bring reason to decompound his message. Time for us to drop couple of lines about Middle-class and our Christmas wish."
Fisker Karma is an ultimate EV marketing machine - it is just beautiful. We have seen it, touched and sit inside. This is the Electric Car. Aluminium body and bold design lines from Fisker makes you feel safe and with limitless power on the road - it is a status symbol, but with a Green twist. This car will not bring us reaches in Lithium market, but it will bring people close to EV mass market. Range Extender technology cuts Range Anxiety and celebrity look will make heads turn on the roads, Nissan Leafs and GM Volts will take the lead on the mass market side of things, but this one is for ultimate pleasure of being Green.
Resource Investing News:
Lithium Investors to Receive Good Karma
By Dave Brown – Exclusive to Lithium Investing News
On Tuesday, April 27, the world’s first premium plug-in hybrid electric vehicle (PHEV), the Fisker Karma will begin a two-month marketing tour that will stop in three Canadian provinces and 26 US states targeting 42 cities. The Karma has a total range of 300 miles, 50 of which are electric-only and powered by a lithium-ion battery that can be fully recharged in as little as eight hours. The battery was designed by A123 Systems (NAS:AAONE).
According to California-based Fisker, the four-seat sedan combines sports car-like performance with world-class luxury and industry-leading economy as well as zero tailpipe emissions. Utilizing a 403hp engine, it can reach 60mph in six seconds with a top speed of 125mph, yet the manufacturer claims it can achieve more than 100mpg. Initial customer deliveries are expected to begin first quarter 2011 with a base price of $87,000. The company anticipates a more affordable model using the same basic technology arriving in 2013.
The most common view about electric car markets in the past has skewed to the coasts with observers pointing to hybrid ownership as the best proxy for electric vehicle adoption. An emerging regional pattern of hybrid ownership in the past 10 years has tilted strongly towards major coastal cities such as Los Angeles, Seattle, New York, San Francisco and Washington, DC. Fisker is attempting to gain market penetration in many areas that have been traditionally underrepresented in hybrid sales. Most analysts forecast stronger electric vehicle demand in dense urban centers, rather than in ‘rambling truck country’ or suburban developments.
Lithium on the Leading Edge
Tom Baloga, Vice-President of Engineering for BMW North America (ETR:BMW), is demonstrating his confidence in lithium-ion battery technology used in his company’s ActiveHybrid 7 sedan. Mr. Baloga feels the superior performance of lithium-ion batteries is compelling evidence: “We have seen them in consumer electronics, and lithium-ion is taking over from other types of batteries for power tools. Even though they are expensive, lithium-ion is the choice for battery electric vehicles.” More economical nickel metal hydride (NiMH) batteries are used currently in hybrid vehicles, including BMW’s ActiveHybrid X6, but lithium-ion is expected to replace these bulkier, less-effective batteries. The company reports that the ActiveHybrid X6, having arrived late last year to North America, is presently the fastest four-wheel-drive hybrid in the world and is powered by a V8 twin turbo engine combined with two electric motors.
Hybrid Minivans to Hit the Streets
On April 16, Toyota Motor Corp (NYSE:TM) announced plans to launch competitively priced Prius hybrid minivans using lithium-ion batteries early next year. The company will initially manufacture lithium-ion batteries at its Teiho factory in Aichi Prefecture, and later plans to produce them at a battery joint venture operation with Panasonic Corp (NYSE:PC). Toyota plans to keep the price point of the new Prius model relatively close to those of current models as it aims to strengthen its current market dominance in the hybrid market.
On Tuesday, Rodinia Minerals Inc. (TSX-V: RM) reported that it received positive second phase sample results from the auger drill exploration program on its Salar de Diablillos lithium-brine project in Salta, Argentina. The Canadian mineral exploration company believes the results may be indicative of high concentrations of lithium and potash. Rodinia Minerals is encouraged to observe results at a further depth of the brine indicating favorable magnesium to lithium ratios. The samples are from an aquifer that will be the focus of subsequent exploration programs and will be used to assess the feasibility of production in the future. The results represent the first batch of deep auger drilling samples currently being performed on a 300 metre by 300 metre grid over the Diablillos project. The market showed strong support for this news, as the stock appreciated from its closing price on Monday at CAD $.465 to a high of CAD $.53 on relatively higher volumes during early morning trading on Tuesday. After experiencing some profit taking and reversion to its mean, the stock closed at CAD $.49 for a 5.4 percent gain on the day.Permalink: "Lithium Investors to Receive Good Karma" "