Thursday, July 08, 2010

Lithium Drive: Buy Electric Car and Rent the Battery at Better Place TNR.v, CZX.v, LI.v, RM.v, WLC.v, LMR.v, LIT.v, SQM, FMC, ROC, FCX, RTP, F, TSLA,


Fortune:

Video: Better Place CEO Shai Agassi's bet on electric cars



Will the business of Better Place be profitable in the end we do not know, but it definitely requires a lot of lithium batteries and this volume will bring the cost of batteries down, which will ignite the EV mass market.

More on Better Place.

"We have another report on Energy Storage space which provides a view from Goldman Sachs on the sector this time. In Lithium space we have our own fast developing story, when Japanese Trading Houses are in a rush to secure Lithium supply."
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