More and more Electric Cars are hitting the streets these days. After the initial hype industry is solidly on track to bring more models with better range and safety than ever before. New names are entering the race and electric cars are here to stay. Korea was quite slow to introduce electric cars, but now situation is changing very fast. Samsung is very active in Lithium Batteries technologies and Posco has a few projects in lithium supply chain. The new catalyst for the industry is coming from California and China now. Elon Musk is breaking the auto industry standards with his bold vision and China provides the huge opportunity to capitalise on this trend.
"China is literally chocking with pollution and electric cars are the obvious solution for urban mobility over there. Lithium developers are out of market favour now, but wait when investors will connect the dots again. Ganfeng Lithium is already the market leader in China in the lithium strategic supply chain and extending its raw material base with International Lithium strategic partnership. Today's news from UK are putting new perspective to International Lithium 10 million J/V development partnership in Ireland with Ganfeng Lithium.
"Mr. Kirill Klip stated, "We are working to advance our Blackstairs Lithium project early in 2014 under the ten million dollar joint venture with strategic partner Ganfeng Lithium Co. Ltd. ("GFL"). We are also working with GFL on a corporate structure that will enable the companies to move forward on the Mariana lithium-potash brine project in Argentina."
International Lithium: Jiangxi Ganfeng Lithium to Raise $81.5 Mln via Private Placement ILC.v, TNR.v, LIT"Now Ganfeng Lithium has the capital to advance its development programs with International Lithium. Once the tax loss selling will be over International Lithium should enjoy better market perception with further advance of Lithium properties in Ireland, Argentina and Canada. Ganfeng Lithium production facilities development shows China's appetite for strategic commodities for electric revolution in order to make transportation and personal mobility still possible after recent pollution scare."
Lithium Drive: Experts Eye Tesla To Spur China's Electric Vehicle Market TSLA, ILC.v, TNR.v, LIT, RM.v"Tesla is coming to China with Tesla Model S - as always, just wait for a few years until China will come out with its own version of the reliable electric car. You can not stop the progress and market forces over there or piracy for the same matter and Elon Musk is already talking about Tesla Electric Cars production in China and that China could become the second largest market for Tesla Motors."
Lithium Drive: Beijing To Fight Air Pollution By Making 40% Of All New Cars Hybrids ILC.v, TNR.v, LIT, RM.v
"Electric Cars will be the logical solution for China's pollution problems. At least with urban mobility electric cars can dramatically improve the air quality very fast. For years critics were pointing out that electricity is produced in China in large percentage by the coal power plants, the latest Party Plenum has taken the clear path towards greener electricity sources: natural gas, nuclear, wind and solar.
Now the only thing left out is the reliable technology to put the real electric cars for mass market on the roads. All major electric cars players are already presented in China: Nissan, GM, Ford, Toyota. Home grown BYD is making its way with electric proposition and taking the market of Electric Buses now. Tesla Motors is already selling Model S in China and there are reports that this electric car can be produced in China as well. Kandi with its concept of electric cars for rent from the vending machine is another very important development. We are talking here not only about Beijing and Shanghai, but more than 160 cities in China with population over 1 million people.
Now China again makes the bold move into the electric space and its lithium batteries and lithium materials industry is making very big progress under the radar screens of general investors. We are following here Ganfeng Lithium and International Lithium and they are getting into the interesting development stage of this cycle now with UK promoting electric cars and China coming back in this high stake technology game with the new force."