European EV sales going through the roof, up 53% this year

Lithium Drive: Tesla Supercharger Network Expansion In Europe TSLA ILC.v TNR.v LIT

  

  Tesla is making the electric revolution happening for real now. Tesla Model S has paved the way for the Superchager Networks in US and now will make possible the major Network expansion in Europe as well. Tesla Model E will be coming onto the rolled out charging infrastructure already and will make the electric cars mass market reality.

  

  Slowly, but surely Europe is moving towards Electric Cars. Nissan Leaf will be produced now in UK, Opel is making Ampera, Tesla Model S is coming to the show rooms and BMW i3 is being rolled out all over Europe with a lot of buzz these days. 

Powered By Lithium: BMW i3 Test Drive

Lithium Catalyst: Electric Car Sales Have Doubled, Thanks To High Gas Prices

  With the new technology, supply of the new materials will be critical for the electrification of transportation. we are following here International Lithium, which is working on its Blackstairs Lithium project in Ireland with its strategic partner Ganfeng Lithium from China.

International Lithium Corp.'s Drilling Confirms Historical Results and Identifies Unexposed Mineralization at Blackstairs Lithium Project, Ireland. ILC.v, TNR.v

Sc:

Transitioning Europe's Vehicle Industry to High-Tech Electric Cars

Mark Hoffman

First Posted: Aug 03, 2013 09:31 PM EDT

Electric vehicles (e-vehicles, or EVs) are set to play a key role in the future of urban mobility, reducing pollution, decreasing dependence on fossil fuels and saving drivers money. Although e-vehicles make up only a tiny fraction of the European car fleet at present, sales are expected to grow exponentially over the coming years, thanks, in no small measure, to advances in e-vehicle technology being made by EU-funded researchers. Fully electric vehicle technologies that optimise safety, energy consumption and kinetic energy recovery are also major contributors to on-going improvements in the performance of hybrid vehicles.

Across the European Union transport accounts for more than 70% of total oil consumption, the vast majority of which is imported from abroad. With more than one million additional cars going onto Europe's roads every 50 days, fuel consumption, congestion and pollution will only continue to increase if the internal combustion engine remains the main source of automotive power. Hence, the EU, national governments and private companies are spending billions on supporting the development of e-vehicles.

'Rather than offering forms of mobility based on ever-increasing energy prices, the industry is now faced with satisfying a rational demand for mobility: clean, safe and low-energy-consumption vehicles, requiring less energy to be produced, and using recyclable and eventually self-disposable materials,' says Dr Pietro Perlo, the CEO of Interactive Fully Electrical Vehicles (IFEVS), based in Italy.

Dr Perlo helped oversee the development of ground-breaking e-vehicle technology in the 'Integrated enabling technologies for efficient electrical personal mobility' (P-MOB) project. Involving researchers from six companies (Siemens from Germany; Mazel from Spain; IFEVS, Polimodel and Fiat from Italy; and Magnomatics from the United Kingdom), as well as the University of Sheffield in the UK, the project resulted in the development of a novel prototype electric car with a range of up to 20 kilometres (km) powered by solar power alone.

The team behind P-MOB sought to break the link between increasing transport capacity and rising road deaths, congestion and pollution by developing an e-vehicle prototype that is not only clean, but extremely safe and compact. To do so, the researchers took a novel approach to advanced systems integration focusing, among other things, on solar cells, e-motor and magnetic torque control, power-energy management, distributed accumulators and technologies to enable e-vehicles to put power back into the grid when not in use.

(Photo : Flickr.com/epSos.de)

'The design has met the highest safety ranking, a low footprint and extremely low energy consumption, making the vehicle ideal for most people's needs in cities as well as suburban roads,' Dr Perlo notes.

The prototype is a small compact vehicle -- weighting less than 600 kilogrammes (kg) before the installation of the battery pack, and with a top speed of over 100 km/h -- which meets new regulations on 'micro' electric vehicles.

Aerodynamic, safe and solar-powered

A parallel project called 'Building blocks concepts for efficient and safe multiuse urban electrical vehicles' (WIDE-MOB), also involving the P-MOB partners, helped address the design and development of the basic building blocks of electric vehicles. The WIDE-MOB team worked on optimised aerodynamics to radically reduce the drag at any speed and lightweight and low-cost bodies designed for high safety in the event of a frontal or lateral crash, as well as a variety of technologies for distributed propulsion.

'Our vehicle is the first with a two-motor powertrain with one motor per axle. We have two doors on one side only ensuring a high degree of safety, better ergonomics and reduced complexity with extremely low aerodynamic drag: around 30% lower than other vehicles of the same dimensions,' Dr Perlo explains. 'All the technologies were developed during the course of the project by the partners. Only the battery cells were produced outside Europe, though the design came from within the project.'

The project's integrated ICT-based control systems allow for the operation of two motors and two differentials -- so the vehicle's front and rear axles are independent, providing effective four-wheel drive -- as well as variation of the torque ratio, depending on driving conditions, which provides a variety of important benefits. It increases vehicle control on small radius curves, improves adherence on wet and icy roads, provides the impression of faster acceleration without drawing more power and allows for fail-safe operation: if one motor fails the other will always allow you to return home. Most significantly, this in turn ensures that a single motor failure will not cause loss of control of the vehicle, particularly at high speeds.

In addition, the use of two motors combined with ICT-based smart energy management enables higher efficiency, because the two motors can individually be operated at peak performance in all driving conditions, while maximising energy recovery during braking through distributed braking on two axles combined with virtual 'anti-lock braking system' (ABS) control.

Meanwhile, smart photovoltaic panels with smart diodes and self-adapting electronics minimise loss of energy generation due to shadows or a single malfunctioning cell. Like most electric vehicles, the P-MOB prototype can be charged directly from the electricity grid. The addition of flexible high-efficiency mono-crystalline silicon solar-cell technology, however, means that it can also be powered by the sun alone and can even sell back power to the electricity grid once its batteries are full.

In trials at Fiat's testing track in Turin, the vehicle was able to travel 20 km powered solely by its solar cells -- more than enough for the average European daily commuter, especially in sunnier southern Europe.

'The vehicle's performance met our expectations for the design: it showed very high stability on small radius curves and had an average energy consumption of around 80 Watt-hours per kilometre,' Dr Perlo says. 'We presented it to the public at events in Turin, Athens and Brussels and received very positive feedback.'

'The idea of having a vehicle that with minor additions could meet both the homologation of micro electric vehicles and the classical M1 world is new and is enabling novel business approaches. All these concepts have been patented,' Dr Perlo notes.

Nonetheless, electric vehicle sales in Europe are expected to increase apace, rising from 45,000 this year to 400,000 in 2015, representing around 3.5% of new passenger car registrations. As technology improves, prices will also drop, with a small to mid-sized electric passenger car with a range of 250 km on a single charge predicted to cost EUR 15,000 within four years, down from EUR 20,000 at present. -- © European Union, CORDIS"

Gold: Reuters: Central Banks Preparing For Coordinated Action To Provide Liquidity After Greek Election If Needed GLD, SLV

   Now FED Is To The Rescue - we will not survive another deflation.

  "Any such operation means the QE up to the infinity whatever it will be called. The action will be coordinated and must be unleashed on a truly huge scale in order to attempt to save the insolvent financial system from "the run on the banks". Battle Field will be in Europe - now Europe threatens to push all world economy into another recession. UK - the land of the brave, where all experiments with QE were started first - is already in recession technically. Austerity will be dying hard, but the Paul Krugman is now the bedside book.

  What form this operation will take is not so important: there are rumors about Silver Bullet with banking super guarantee in Europe or it could be another LTRO spiced with World Wide Coordinated FED and Central Banks swap operations - the end result is that the liquidity will be flooding the system with record low Treasury Yields. The magnitude of the action will be very important - European banking system is under capitalised by 2.9 Trillion Euros now, according to UBS.

   Gold smells any currency debasement - here we are talking about worldwide phenomena - so it will be killed first. Panic in the sector has already shaken all weak hands and once the public has realised what is coming gold will resume its uptrend."

Gold Catalyst: Eurozone finance ministers agree to 100 billion euro Spain bailout GLD, SLV

"China Rate Cut and now Spain Bailout - Massive BackStop Operation is in place, watch out the US Treasuries Sell Off and Risk On trade now - Commodities should follow Gold."


Gold Market Action Signals Massive Liquidity Back Stop Operation GLD, SLV

"As with our recent Call on Apple, nothing here will be scientifically proven - all our markets are rigged and are pure Esoteric Fiction now. Our feeling tells us that recent carnage in Gold and Gold miners, particularly, is the preparation to the Massive Liquidity Back Stop Operation."

The Gold Bug Manifesto By Paul Krugman: End This Depression Now

"We highly recommend to all investors to read this book. This is what is coming. Paul Krugman describes the insolvent financial system with the honesty affordable only to Wall Street outsider. The FIAT system can survive only by expanding the monetary base further and keep the credit running. Claims will never be met, but surprisingly enough - it is not necessary - we all can just pretend that debt will be repaid one day and service the interest enough to keep Confidence in the status quo."

Reuters:

Exclusive: Central banks ready to combat Greek market storm

Gold Catalyst: Eurozone finance ministers agree to 100 billion euro Spain bailout GLD, SLV

Reuters: Euro Zone Debt Crisis In Graphics

  China Rate Cut and now Spain Bailout - Massive BackStop Operation is in place, watch out the US Treasuries Sell Off and Risk On trade now - Commodities should follow Gold. 

Gold Market Action Signals Massive Liquidity Back Stop Operation GLD, SLV

As with our recent Call on Apple, nothing here will be scientifically proven - all our markets are rigged and are pure Esoteric Fiction now. Our feeling tells us that recent carnage in Gold and Gold miners, particularly, is the preparation to the Massive Liquidity Back Stop Operation. 

Charles Nenner Calls For Silver and Gold Bottom - We Call For Apple To Cool Down AAPL, GLD, SLV

  Any such operation means the QE up to the infinity whatever it will be called. The action will be coordinated and must be unleashed on a truly huge scale in order to attempt to save the insolvent financial system from "the run on the banks". Battle Field will be in Europe - now Europe threatens to push all world economy into another recession. UK - the land of the brave, where all experiments with QE were started first - is already in recession technically. Austerity will be dying hard, but the Paul Krugman is now the bedside book.

The Gold Bug Manifesto By Paul Krugman: End This Depression Now

  What form this operation will take is not so important: there are rumors about Silver Bullet with banking super guarantee in Europe or it could be another LTRO spiced with World Wide Coordinated FED and Central Banks swap operations - the end result is that the liquidity will be flooding the system with record low Treasury Yields. The magnitude of the action will be very important - European banking system is under capitalised by 2.9 Trillion Euros now, according to UBS.

   Gold smells any currency debasement - here we are talking about worldwide phenomena - so it will be killed first. Panic in the sector has already shaken all weak hands and once the public has realised what is coming gold will resume its uptrend.

Eurozone finance ministers agree to 100 billion euro Spain bailout

Europe Bailout: IMF Readying Loan of as Much as $794 Billion for Italy, La Stampa Reports 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, rvm.to, svb, ura.v, nup.ax, srz.ax, usa.ax

 

  Things are getting interesting - if this news will become reality we have a life line for the Italy. Will we have the Xmas party now? Market is like a coil and suppressed by all the negativity - move to the upside can be really dramatic if Risk Trade will be coming back. Disaster is so apparent in Europe now, with Japan, UK and US to follow that we have more reasons to believe that everything will put on the line to save Italy and Europe now. We will agree that in order to stop all this mess maybe 5 trillion Euro bazooka needed, which means further unprecedented credit extension, Inflation and Gold with other commodities flying high again.

Jim Puplava: Stephen Leeb: Red Alert - Peak Of Everything: Lithium, Rare Earths, Copper, Gold and Silver

"Now, we guess, that there is no any doubts that all the world will print, print and print FIAT money in order to keep insolvent system running. UK will be tested first, as usual, and is already in the next QE program, US and Europe to follow. By the way price of Gas in UK is already above 8 dollars per gallon. We almost stopped to write about Gold - nothing further to prove, time is for the Energy Transition. Lithium - Electric Cars and Hybrids. Rare Earths - Mobiles, Wind, Solar and Electric Cars with Hybrids. Silver - Solar, Mobiles and Store of value. Copper - Electric Cars and Hybrids, Charging Infrastructure, Energy Distribution. Zinc - Electric cars and Hybrids, Charging infrastructure, Energy Distribution. 

  China is on the shopping spree with its 3.2 trillion reserves now. We are following hereInternational Lithium with Ganfeng Lithium as strategic investor, Canada Zinc Metals with 36% owned by Tongling Nonferrous, TNR Gold with Canada Zinc Metals as strategic investor, TNR Gold holds 28% in International Lithium.

  Welcome to the Reflation Round 2 in case if "Europe will be saved."

Bloomberg:

IMF Readying Loan of as Much as $794 Billion for Italy, La Stampa Reports

By Tommaso Ebhardt - Nov 27, 2011

The International Monetary Fund is preparing a 600-billion euro ($794 billion) loan for Italy in case the country’s debt crisis worsens, La Stampa said.

The money would give Italy’s Prime Minister Mario Monti 12 to 18 months to implement his reforms without having to refinance the country’s existing debt, the Italian daily reported, without saying where it got the information. Monti could draw on the money if his planned austerity measures fail to stop speculation on Italian debt, La Stampa said.

Italy would pay an interest rate of 4 percent to 5 percent on the loan, the newspaper said. The amount could vary from 400 billion euros to 600 billion euros, La Stampa said.

To contact the reporter on this story: Tommaso Ebhardt in Milan at tebhardt@bloomberg.net

To contact the editor responsible for this story: Chad Thomas at cthomas16@bloomberg.net

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Lithium and REE: Electric Cars take over Europe. TN R.v, SQM, ROC, GOOG, AAPL, RIMM, F, NSANY, DAI, BYD, TM, TTM, HUI, XAU, OIL, OIH, WLC.v,

After UK news on Electric Cars trial and recharging network, our Next Big Thing is taking Europe over. Electric cars are coming from pictures into shops and on the streets. New oil - Lithium will be the strategic resource for these green mobility revolution to happen on the mass market scale. Who will control it? Will supply be secured and available?

Renault will test electric cars in Paris in 2010

"Paris is known as the city of romance, and now the Renault-Nissan Alliance and EDF Energy hope that its residents will fall in love with electric cars.
The alliance and the French energy company are planning a large-scale electric vehicle test in the region that will run for one year beginning in September, 2010. During this period 100 electric passenger cars and light commercial vehicles will be in action to test their usage and performance.
The vehicles in the trial will be identical to those scheduled to be launched in 2011 and participants will be able to use a charging infrastructure at home, at work, in car parks and on the public highway.
The move is a joint initiative between the Alliance and EDF and has received support from the Paris region and Yvelines local authorities. The project has been labelled SAVE (Seine Aval Vehicules Electriques) and will be launched only once the financing necessary for its implication has been secured.
In other news, the Alliance has also signed a memorandum of understanding with Italy’s A2A, the main electricity supplier in Lombardy.
The pilot phase involving Milan and Brescia will involve the building of recharging infrastructure; defining and trialling electronic payment services; training and educating consumers on the use of electric vehicles; and working with the authorities on implementing incentive measures."

Electric car shop opens in London

Electric vehicle manufacturer Tesla Motors has opened its first European store in London. Helped by funding from the foreign direct investment agency Think London, the California-based company has set up a base in Knightsbridge to capitalise on the city's green ambitions.
Michael Charlton, Chief Executive of Think London, said: "London was the obvious destination for Tesla as the Mayor of London recently announced his commitment to making electric cars the 'first choice for Londoners'. As well as London being the UK's biggest car market, the Mayor's vision to make London the electric car capital of Europe provides a great business opportunity, and we expect interest from overseas investors in this sector to grow.

London was the obvious destination for Tesla as the Mayor of London recently announced his commitment to making electric cars the 'first choice for Londoners
Tesla produces the Roadster, a high-performance electric sports car, which it hopes will help attract car enthusiasts to the environmentally-friendly vehicles.
The company said its decision to move to London was influenced significantly by its green credentials, including commitments to reduce emissions and incentives for drivers who own electric vehicles.
Incentives available to these drivers include tax exemption, free parking, no congestion charge and low running costs.
Don Cochrane, UK Sales and Marketing Director of Tesla, said: "London has always been a lead market for new products and innovations. Thanks to the Mayor of London's commitment and forward planning of logistics and infrastructure it was the obvious choice for us to launch our first European store.
Copyright © Press Association 2009

"Renault-Nissan, A2A in Italian electric car accord

MILAN (Reuters) - The Renault-Nissan Alliance and Italian regional utility A2A SpA (A2.MI) have signed a memorandum of understanding to develop zero-emission electric vehicles in Italy on a large scale, the companies.
In a joint statement on Thursday the Franco-Japanese alliance and A2A said in a 2010 pilot phase the project would involve the cities of Milan and Brescia.
Renault (RENA.PA) and Nissan (7201.T) are talking with governments, local authorities and power companies in many countries with a view to selling their electric cars before 2012, they said.
The alliance has already signed over 30 agreements worldwide and aims to launch the first electric car in 2010.
"The partnership with A2A represents an important step toward the launch of Renault electric vehicles ... and the concrete realization of zero-emission vehicles in Italy," Renault Italia Managing Director Jacques Bousquet said in the statement.
Electric vehicles are meant to be cheaper to run than regular cars and cut down carbon dioxide emissions.
A2A was created at the start of 2008 from the merger of the Milan and Brescia utilities."

TNR Gold Corp. Applies for Lithium Pegmatite Belt Licenses in Ireland. TNR.v, SQM, GOOG, ESLR, AAPL, RIMM, WLC.v, CLQ.v, CDNX, HUI, XAU, OIL, OIH, FCX

Things are happening fast in our Lithium space: Next Big Thing is growing - World Demand for Materials Used in Batteries to Reach $22.8 Billion in 2012.
Now TNR Gold TNR.v plugs International Lithium into Europe.

Move is subject to exploration licences to be granted. At stake is a huge area with high grade historical indications in mining friendly Ireland. Now we are getting the sense of International and Global in this new focused Lithium exploration play to be spin out from TNR Gold.

"TNR Gold Corp. Applies for Lithium Pegmatite Belt Licenses in Ireland
On Tuesday May 5, 2009, 3:10 pm EDT
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 5, 2009) - TNR Gold Corp. ("TNR" or the "Company") (TSX VENTURE:TNR - News) is pleased to announce the recent application for licences to explore the Leinster Pegmatite Belt in southeast Ireland. TNR has applied for eight licences in counties Carlow and Wicklow which cover the belt, totaling 292 km2. TNR anticipates that the application process will take 4 to 6 months to complete and upon receipt of the licences, fieldwork will commence.
The areas can be seen on the following map - http://us.lrd.yahoo.com/_ylt=Akg8wDcnup21utYFiIEtOU6yf88A/SIG=11ll2ta8s/**http%3A//www.tnrgoldcorp.com/i/pdf/TNR-Ireland.pdf
The application for these licences initiates the Blackstairs Lithium-Tantalum Project which will focus on evaluation of the approximately nineteen pegmatites that make up the Leinster Pegmatite Belt for lithium, tantalum and related rare elements. Lithium was first located in this area during base metal exploration in the 1970s. At least three of the pegmatites were drilled in the 1970s. In 1970, a total of 885m of drilling on the Aclare pegmatite was completed. Although tantalum minerals were identified, there is no record of any analysis for elements other than lithium. To the north at Stranakelly, two holes were drilled in 1974 and returned intervals intersecting 1.4m of 2.34% Li and 5.5m of 1.6% Li. In 1976 five holes drilled at Moylisha included an intersection of 9.5m of 1.66% Li. Lithium occurs as both spodumene and lepidotlite with the latter mineral found more in the northern part of the belt.
Since the lithium exploration in the 1970s attention of subsequent explorers has focused on tantalum, particularly in the southern half of the belt. In addition, anomalous values in niobium, tin and cesium have been reported.
Ireland has a well established mining history and has attracted a number of major mining companies. Access to the licence area is by a network of good roads across a rural, farming area.
Once the licenses are granted, TNR plans an exploration programme to confirm earlier drilling results, quantify additional rare elements in those areas and follow-up results and recommendations from earlier reconnaissance programmes. An experienced geological team source from Ireland and Canada will be ready to apply pegmatite exploration methods proven in Canada to re-evaluate the Leinster Pegmatite Belt in Ireland.
Mr. John Harrop is the Company's qualified person on the project as required under NI 43-101 and has reviewed the technical information contained in this press release.
ABOUT TNR
TNR is a diversified metals exploration company focused on identifying new prospective projects globally and upon approval of the above licences has a total portfolio of 30 properties, of which 13 will be subject to the proposed spin-off of International Lithium Corp. (http://us.lrd.yahoo.com/_ylt=AoD1pUUKdwJco9v5PQLsm0Kyf88A/SIG=11907bp0b/**http%3A//www.internationallithium.com/).
The recent acquisition of Lithium projects in Canada, USA and Ireland confirms the company's commitment to project generation, market diversity, and building shareholder value.
TNR proposes to spin-out its lithium and rare metals projects into its wholly owned British Columbia subsidiary International Lithium Corp. ("Int. Lithium Corp."). Upon completion of the transfer of the lithium and rare metals projects to Int. Lithium Corp., TNR intends to distribute up to 75% of the securities of Int. Lithium Corp. to TNR shareholders (the "Spin-Out Transaction"). Application will also be made to list the shares of Int. Lithium Corp. on the TSX Venture Exchange (the "Exchange"). Please see TNR's news release dated April 27, 2009 for complete details of the proposed spin-out.
On behalf of the board,
Gary Schellenberg, President"