Friday, April 22, 2011

Lithium Charge: Secretary Chu Announces New Funding and Partnership with Google to Promote Electric Vehicles goog, tnr.v, czx.v,, lmr.v, tsla, rm.v,,,, jnn.v, abn.v, res, mcp,, quc.v, cee.v, sqm, fmc, roc, li.v, wlc.v, clq.v, lit, nsany, byddf, gm, dai,, hev, aone, vlnc

  "We are always searching for the catalyst for particular investment idea. We have our big picture Macro Catalyst in action now with S&P putting US on Negative outlook and Bill Gross selling all US Treasuries. The Powerful Macro trend of Peak Oil multiplied by Inflation will make Electric Cars the reality in the nearest future. Here, the Gas prices will be the very good incentive for keeping the topic in the headlines.
  We have an industry catalyst in Electric Cars now: China has announced that Electric cars will be strategic industry in its 12th Five Year Plan, IMF talks about Peak Oil and higher Oil prices and new Electric Cars are hitting the roads and showrooms.

  On the company level, a catalyst comes when strategic investors are buying stakes in the new players, after a few months spent on full due diligence with the company and its properties. TNR Gold is already a part of Byron Lithium index and we think that International Lithium will get on the radar screens now after its IPO." 

   The Electric Cars investment space is getting hotter and big names are beginning to eagerly to pile in. The 5 million investment into the charging infrastructure from U.S. Department Of Energy could sound like a joke compare to China investing billions in Electric Cars or personal investments of some entrepreneurs in Lithium space, but it is one step at a time and names in this initiatives are more important than this amount.
  Once the guys from Google, Facebook and Twitter will move into Green Revolution our Lithium story will take off into parabolic rise - they have knowledge, technology and understanding that Electric Cars are the way forward. They will need to drive their kids to the soccer games after all, even after Peak Oil which is happening now. We do not know which one of them will make the next Coca Cola in Electric Cars space, but we will be ready with our Sugar business - Lithium will be needed for all of them.

  We can only dream that Steve Jobs will enter this space with Apple, it is heartening to see Google guys driving Teslas already, they were behind Aptera and now Google is investing in the Wind Farm.
  The ambitious German guys are driving the Lithium dreams with new Lithium Metal Polymer battery; DBM Energy has announced this month new breaking developments and very impressive test results.

"We have the breaking news from Germany and DBM Energy. Information is very scarce at best and only in German so far. Revelations from this hidden in the heart of Germany company are groundbreaking: KOLIBRI Lithium Metal Polymer Batteries (Lithium-Polymer-based technology) have passed extensive independent safety tests and demonstrated endurance of 5000 charging cycles. New independent test confirms 454.82 km driving range on one charge! But company claims that the battery in this case was smaller: KOLIBRI 62.928 kWh and that it translates in 714 km range in case of previously used 98.8 kWn battery in the DBM World Record Electric Car Drive in October 2010! To put things into perspective, in case when you drive 225 km every day you will need to recharge the car equipped with this battery every other day and this battery will last 27 years."


April 19, 2011

Secretary Chu Announces New Funding and Partnership with Google to Promote Electric Vehicles

Since its inception in 1993, DOE's Clean Cities program helped save nearly 3 billion gallons of gasoline

Washington, DC - As part of the Obama Administration's efforts to reduce U.S. oil imports by one-third by 2025, Energy Secretary Steven Chu today announced new steps underway at the Department of Energy to accelerate the deployment of electric vehicles.  This includes the availability of $5 million in new funding for community-based efforts to deploy electric vehicle (EV) infrastructure and charging stations. He also outlined a partnership with Google Inc. and more than 80 EV stakeholders to help consumers find charging stations nationwide. Secretary Chu and Transportation Secretary Ray LaHood made the announcement on a conference call with Colorado Governor John Hickenlooper, Tucson Mayor Bob Walkup, and St. Paul Mayor Christopher Coleman - leaders of three of the nation's nearly 100 Clean Cities Coalitions.
"The Department of Energy's Clean Cities initiative is bringing together local governments and industry to demonstrate the benefits of advanced technology vehicles and help communities use less oil and gasoline to power their vehicles," said Secretary Chu. "The initiatives announced today are just the latest steps in our broader efforts to reduce America's dependence on oil, improve our energy security, and save families and businesses money."
Under the $5 million in electric vehicle funding announced today, local governments and private companies will partner to apply for funding to help accelerate installation of electric vehicle charging stations and infrastructure. Communities will work to develop plans and strategies for EV deployment, update their EV permitting processes, develop incentive programs, or launch other local or regional initiatives that improve the experience of EV users and help bring these highly energy-efficient vehicles in the marketplace. More information on the Funding Opportunity Announcement, including application instructions and deadlines, is available under the title "DE-FOA-0000451 Clean Cities FY 2011 FOA."
In a related effort, DOE's National Renewable Energy Laboratory (NREL) is joining with Google Inc. and various industry leaders to provide consumers with consistent, up-to-date information about the EV charging stations in communities nationwide.  Drawing on Google Maps, this new collaboration will coordinate an online network of all U.S. charging stations and will serve as the primary data source for GPS and mapping services tracking electric vehicle charging locations. More information is available on the Alternative Fuels and Advanced Vehicles Data Center(AFDC).
The Clean Cities Program is a public-private partnership that brings together federal, state and local governments, the auto industry, private sector fleet operators, and community leaders to help communities make their vehicle fleets more energy efficient. Since its inception in 1993, Clean Cities Coalitions and its stakeholders have saved nearly 3 billion gallons of gasoline. The Clean Cities Program supports a broad portfolio of technologies, including alternative and renewable fuels, fuel economy measures, idle reduction technologies, and emerging technologies like electric vehicles.  Read more information on the Clean Cities program.
Tucson, Arizona; Denver, Colorado; and St. Paul, Minnesota have been three of the leaders nationally in developing policies to reduce the dependence on oil and gasoline locally.  Projects underway include the deployment of electric vehicles and chargers, E85 flex fuel vehicles and infrastructure, biodiesel facilities that turn used cooking oil into vehicle fuel, natural gas vehicles, and consumer education efforts.
Below is a chart of top 25 Clean Cities Coalitions and amount of gasoline their efforts have helped displace from 2005-2009:
RankStateCoalitionCumulative Displacement 2005-2009 (Gallons of Gasoline)
1MNTwin Cities Clean Cities135,175,133
2AZValley of the Sun Clean Cities (Phoenix)86,739,806
3OHClean Fuels Ohio84,137,431
4INGreater Indiana Clean Cities67,576,029
5NYNew York City and Lower Hudson Valley Clean Communities63,728,157
6MDState of Maryland Clean Cities53,849,126
7ILChicago Clean Cities47,758,243
8CALos Angeles Clean Cities47,524,841
9TXDallas-Ft. Worth Clean Cities44,525,015
10CASouthern California Clean Cities42,295,552
11KYCommonwealth Clean Cities Partnership38,495,681
12AZTucson Clean Cities37,138,418
13NYGreater Long Island Clean Cities32,865,885
14CAWestern Riverside County Clean Cities31,734,027
15WAPuget Sound Clean Cities (Seattle)29,387,885
16MOSt. Louis Clean Cities29,269,485
17KSKansas City Regional Clean Cities27,409,150
18CASan Joaquin Valley Clean Cities26,569,597
19CODenver Clean Cities24,030,743
20UTUtah Clean Cities23,577,151
21ORColumbia-Willamette Clean Cities22,495,293
22CASan Diego Clean Fuels Coalition21,765,744
23GAClean Cities-Atlanta21,172,066
24TXCentral Texas Clean Cities (Austin)20,218,686
25NVLas Vegas Clean Cities19,687,387
Media contact(s):
(202) 586-4940

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