We have a great article on Electric Cars from Huffpost Green today. Cities in U.S. and worldwide are getting ready for the lithium charge of Electric Cars and consumers are getting closer to the iPod moment in Electric Cars.
Every tick up in Gas price will drive more and more people into electric space. Hertz today has announced its roll out in London of Electric Cars rental scheme after New York. In another important news DOE has confirmed that U.S. is on track to have 1 million Electric Cars by 2015.
Asia is leading the world wide electrification and controls now lithium battery production and critical materials for electrification of our transportation. In Beijing now you can buy ONLY Electric Car or you have to wait for your luck with the plates lottery! We are following here the generational Bull market in Lithium and Rare Earths and this week we have a catalyst in the making for some upcoming players in these markets.
"Our top pick in Lithium and Rare Earths is getting on the radar screens. It was a very long journey for TNR Gold and now we know why...
TNR Gold has secured Strategic Investor from Asia and put the the delay to the sheer amount of time-leeching negotiations it had to carry out with this investor and regulators from different jurisdictions. Our guess is that the name of the Asian Strategic Investor will be disclosed upon listing of International Lithium.
Now, the company should announce the record date for closing, maybe after the Strategic Investor's board approval. To sum it all up, all shareholders of TNR Gold before that record date will receive units of International lithium which consists of one share and one warrant valid for two years at 0.375CAD. 4 shares in TNR Gold entitle you to receive 1 unit in International Lithium. This is the very easy way to participate in Lithium developer IPO now with the backing from Strategic Investor. TNR Gold will hold 30% in International lithium after spin-off and has other properties in Rare Earths, Gold and Copper."
HuffpostGreen:
Starre Vartan
I know I want my next car to be electric, and while I'm waiting, I've noticed that the EV infrastructure is slowly-but-surely popping up all over. My favorite grocery store, the Whole Foods in Darien, CT, already has a plethora of spaces up front ready to charge EVs (they aren't hooked up yet, as the store is pretty new), and in newer parking lots around the tri-state area (New York, New Jersey and Connecticut), I've spotted charging locations or signs designating that they're coming soon.
Which is great, as it doesn't matter how much I WANT an electric car -- if the only place I can charge up is my garage, it's not going to be very practical. But as I've noticed in my drives around town in my (gas-only) vehicle, there is some serious behind-the-scenes infrastructure happening, and today, Ford Motor Company sent out a press release detailing the cities that are most EV-ready. I'm impressed with how quickly the American car company has come up with eco-friendly cars over the years (and without bailout money!) and maybe my next car will be a Ford -- after a driving lifetime of Japanese and European cars.
How did Ford put the list together? "The cities on our list are working with multiple partners including local utilities, auto manufacturers, technology companies and others to support a successful integration of electric vehicles."
Specifically, they looked at:
- advisory committee and utility partnerships
-complementing state and regional activities
-streamlined permitting processes
-utility rate structures that support nighttime charging
-regional/local incentives such as high occupancy vehicle (HOV) lanes
-preferred parking and tax incentives
Ford's 25 most EV-ready cities alphabetically are:
o Atlanta
o Austin, Texas
o Baltimore
o Boston
o Charlotte, N.C.
o Chicago
o Dallas
o Denver
o Detroit
o Hartford, Conn.
o Honolulu
o Houston
o Indianapolis
o Los Angeles
o New York
o Orlando, Fla.
o Phoenix
o Portland, Ore.
o Raleigh, N.C.
o Richmond, Va.
o Sacramento, Calif.
o San Diego
o San Francisco Bay Area
o Seattle
o Washington, D.C.
Other programs being developed to support electric vehicles include:
· Austin: Alternative-fuel vehicles displaying the proper alternative-fuel license plate are allowed to use the HOV lanes, regardless of the number of passengers
· Honolulu: All public, private and government parking facilities with at least 100 parking spaces must designate at least 1 percent for electric vehicles by Dec. 31, 2011
· Los Angeles: A preferred parking program allows owners of battery electric vehicles to park in designated charging spots throughout California for a $17 application fee
· Orlando: Plan to create unified signage to identify electric vehicle charging stations, which can vary from state to state. Get Ready Central Florida would like to work with the Department of Transportation to develop a national sign to help drivers identify public charging stations
· Houston: A streamlined permit process is already in place, with the local permitting office giving electricians immediate online approval to install chargers as-is or perform necessary upgrades"
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