Monday, September 12, 2011

Lithium Drive: Ontario Plugs Into Clean Cars, Creates Over 700 Jobs ilc.v, tnr.v, czx.v, rm.v, lmr.v, abn.v, asm.v, btt.v, bva.v, bvg.v, epz.v, fst.v, gbn.v, hao.v, jnn.v, ks.v, ktn.v, kxm.v, mgn, mxr.v,, svb, ura.v,,,

"McGuinty Government Helps Develop Next Generation of Electric Vehicle Technologies

Ontario is helping Magna International and Magna E-Car develop the next generation of clean vehicle technologies creating 728 jobs and protecting another 1,337 jobs at Magna's Aurora, Brampton, Concord and St. Thomas plants.
Partnering with businesses is a key component of the McGuinty government's plan to strengthen the economy and to create jobs for families. Ontario's vision is to have one out of every 20 cars in Ontario electrically powered by 2020. The province has kick-started the widespread availability of electric car charging stations - making it more convenient for families to choose electric cars."

 Magna is one of the early entry players in Lithium development business as well. 

"Canada becomes a front runner in the Electric Car industry: from Lithium miners and developers to the Lithium batteries and Electric Cars production now. This new program with roll out of the Charging infrastructure in Ontario will support the roll out of Electric Cars. Toyota RAV4 EV production will be another major step to secure the future for the Ontario in the Green economy. Ontario is already the home to the few Lithium developments plays we are following here."

"Lithium Charge: Electric car demand expected to jump-start lithium stocks. In this article we have almost all credible Lithium investment universe. Always keep in mind that analysts are promoting the companies, which they have business with and which was financed by the house they are working for. Otherwise, Jonathan LEE and David Talbot are talking about the right names and it is very encouraging, that they are bullish on Lithium demand and particularly now we can see the serious promotion of all lithium plays. Byron Capital was one of the first to put Lithium on the investors' radar screen and now Dundee Capital is expanding this mega trend introduction to the market place. We are doing the same here and writing about stocks we are interested in and having a position. General bullishness in Lithium sector should move the new names to the radar screen as well. Almost all Lithium juniors were under pressure for the last 6-8 months and will be coming strong now into the Fall with return of the risk trade. You have plenty to chose from based on your DD and risk profile: from major producers - to the more risky development plays."

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