Lithium Catalyst: LG Chem CEO Says Mulls Electric Car Battery Plant In China ILC.v TNR.v LIT TSLA

  

  Lithium sector is heating up after Tesla Gigafactory announcement and now Asian players are stepping in. As we have discussed before, the real industry players were accumulating quietly Lithium Assets and building new production facilities for years before Tesla has ignited the Lithium Rush again. One thing is for certain Battery Industry insiders are building new production facilities as they see the coming demand - it will require new secure sources of Lithium. We will have to learn the new names like world leading Integrated Professional Lithium Producer Ganfeng Lithium and its partner International Lithium from Canada with Lithium projects in Ireland, Canada And Argentina.

International Lithium Strategic Partner Ganfeng Lithium Presentation ILC.v TNR.v LIT TSLA

 "Tesla Gigafactory is driving a lot of interest to the Lithium sector these days. Lithium stocks were surging this week and it is time to find out who is who in this investment mega trend and separate the wannabes from serious players with projects, technicals teams and, the most important here, strong strategic partners available to provide capital and expertise to develop those projects. If this strategic partner, like in the case with International Lithium and Ganfeng Lithium from China,  happen to be one of the leaders among Integrated Professional Lithium Producers in the world it should deserve your attention. Do your own DD and always kick the tires - we will provide you with the initial information."

Lithium Stocks Surging On $5B Tesla Gigafactory Plan To Ramp Up Mass-market Electric Car ILC.v TNR.v LIT WLC.to

Reuters:

LG Chem CEO says mulls electric car battery plant in China

(Reuters) - Chief executive of LG Chem said that the South Korean company was considering building an electric vehicle battery plant in China, expecting Beijing's efforts to tackle air pollution to drive demand.

Park Jin-soo also said LG Chem, which currently supplies electric-car batteries for General Motors Co's Volt and Renault cars, will double the number of its customers to 20 in the near future.

"We are considering it (the China car battery plant), which should be in line with market demand," Park said at a press briefing on Friday embargoed until Sunday morning.

LG Chem has a factory in Nanjing, China producing small batteries for smartphones and other mobile devices, and Park said the firm is looking at not only Nanjing and other sites for the potential car battery factory.

China's Finance Ministry said last month it will extend a program of subsidies for buyers of electric-powered vehicles after the current subsidy regime, part of efforts to combat pollution in cities, expires in 2015.

The subsidies were designed to help China meet a goal of putting half a million new-energy vehicles, defined as all-electric battery vehicles and heavily electrified "near all-electric" plug-in hybrids, on the road by 2015 and 5 million by 2020.

LG Chem's crosstown rival, Samsung SDI, said in January that it will form a joint venture in China to spend $600 million on building a car battery plant in Xi'an, Shaanxi province, by next year and on other electric car battery-related businesses over the next five years.

(Reporting by Hyunjoo Jin; Editing by Michael Perry)

Please Note our Legal Disclaimer on the Blog, including, but Not limited to:

There are NO Qualified Persons among the authors of this blog as it is defined by NI 43-101, we were NOT able to verify and check any provided information in the articles, news releases or on the links embedded on this blog; you must NOT rely in any sense on any of this information in order to make any resource or value calculation, or attribute any particular value or Price Target to any discussed securities.

We Do Not own any content in the third parties' articles, news releases, videos or on the links embedded on this blog; any opinions - including, but not limited to the resource estimations, valuations, target prices and particular recommendations on any securities expressed there - are subject to the disclosure provided by those third parties and are NOT verified, approved or endorsed by the authors of this blog in any way.

Please, do not forget, that we own stocks we are writing about and have position in these companies. We are not providing any investment advice on this blog and there is no solicitation to buy or sell any particular company.

Powered by LIthium: Cadillac Delivering Dramatic Design for ELR

   Electric Cars are not toys any more, Chevy Volt is the best selling Plug In hybrid in the US - ELR will drive its crowd now.

Powered by LIthium: 2014 Cadillac ELR Electric Car Plug-In Hybrid Global Auto News

Cadillac ELR: Slip Into Something A Little More Technological 

LIthium Game On. Obama Throws Down the Challenge on Climate Change

2012: The Year Climate Change Got Real

   We have the technology - Electric Cars are already here.

AutoBlogGreen:

"The 2014 Cadillac ELR plug-in hybrid got a lot of buzz at the Detroit Auto Show, and was awarded the Eyes on Design honor as Best Production Vehicle. It's taken four years for the original concept car – the 2009 Converj based on the Chevrolet Volt powertrain – to make the next step forward.

Tim Kozub, Cadillac exterior design manager, said the design team used the Converj as a sketch to create the ELR. He thinks that proportion was everything in the design – the car is low and wide, and has 20-inch wheels which are pushed to the corners. "It just plants itself so beautifully," he says in a new GM design video, which you can watch below.

Performance is amped up in the ELR because it's a Cadillac, he said. It has the looks of a hot, exotic sports car with great attention to detail. That includes headlights made with crystal cubes surrounded by chrome, all LED and very high tech. "Everybody wants this hot car, this hot image coupe, to sit in their driveway, to step out of it at a restaurant," he says in the video.

We've got more of GM's marketing videos for the ELR, emphasizing a few themes, like animated phasing between sleek Cadillac body style and an inner skeletal frame showing off the technology. Check them out below."

Powered by LIthium: 2014 Cadillac ELR Electric Car Plug-In Hybrid Global Auto News

"The technological centerpiece of ELR is an advanced electric drive propulsion system that features an onboard, range-extending, gas-powered generator. It provides instant torque and the smooth, shiftless acceleration of electric drive, while keeping gas power on reserve for longer journeys. In addition, dual-side paddle controls provide regeneration on demand, putting energy back into your battery while slowing you down."

Cadillac ELR: Slip Into Something A Little More Technological 

LIthium Game On. Obama Throws Down the Challenge on Climate Change

2012: The Year Climate Change Got Real

   We have the technology - Electric Cars are already here.

Powered by LIthium: Automotive leaders on new Cadillac ELR

  Bob Lutz has become the real troubadour for Electric Cars and it is rightly so. Only thanks to him personally GM was convinced to move into GM Volt at that time.

Lithium Revolution: Revenge Of The Electric Car [HD]

"Have you Wanted The Internet before you know it? Everybody will want Electric Car."

2012: The Year Climate Change Got Real

Powered by Lithium: GM Announces Enhancements to Chevrolet Volt

Powered By LIthium: Chevrolet Spark EV driving

  "GM Volt is hitting the roads now in numbers and Sales are growing every month. GM moves forward and investing in advanced Lithium Batteries like Envia Systems and has produced the BEV Chevrolet Spark. Company should be ready for the Lithium Batteries break through on their Capacity and Cost, which will start the real transition to Electric Cars. Demand for Mobility is already there, once the pricing will be right we will have a mass market happening almost overnight."

Lithium Batteries: Envia Systems - 400 Wh/kg is here! - Electric Cars with 300 Miles Range.

Powered By LIthium: Chevrolet Spark EV driving

  GM Volt is hitting the roads now in numbers and Sales are growing every month. GM moves forward and investing in advanced Lithium Batteries like Envia Systems and has produced the BEV Chevrolet Spark. Company should be ready for the Lithium Batteries break through on their Capacity and Cost, which will start the real transition to Electric Cars. Demand for Mobility is already there, once the pricing will be right we will have a mass market happening almost overnight.

Lithium Batteries: Envia Systems - 400 Wh/kg is here! - Electric Cars with 300 Miles Range.

We have the technology to Dump The Pump - Electric Cars are here. We just need to bring more of them on the roads now.

"Have you Wanted The Internet before you know it? Everybody will want Electric Car."

Lithium Revolution: Revenge Of The Electric Car [HD]

Powered by Lithium: The Vauxhall Ampera TNR.v, TSLA, CZX.v, RM.v, LI.v, WLC.v, LIT.v, CLQ.v, AVL.to, NSANY, BYDDY, GM, BMW, DAI, FCX, RTP, BHP, HEV,

After Royal endorsement Ampera is making its PR rounds in UK. Very interesting is the spin in the FT article - this EV is "almost" like a "normal car".

Image via Wikipedia

iPad is not sold with branding "almost like your old notebook" - but we agree here - in order to win hearts over the wallet at the initial stage of EV roll out you need to address Range Anxiety and Utility. Early adopters will go for Nissan Leaf if they can and GM Volt and its European version, Ampera, will be for those on the boarder: they are not tree huggers yet, but will consider to be environmentally conscious.

"US Senate panel backs more electric cars, solar
Wed Jul 21, 2010

* Bill wants half of U.S. vehicles electrified by 2030

This is what we need to address dire consequences of Peak Oil. There is still time and technology available to us to electrify our transportation system. Electric cars are coming on the roads and Asian conglomerates are busy building Supply Chain for Electric Cars starting with lithium deposits. Will US Corp. finally awaken to this geopolitical problem?"


FT:

The Vauxhall Ampera
By John Griffiths

Published: July 24 2010 00:28


I have driven the future around the back lanes of Buckinghamshire, and it works – mostly. The Vauxhall Ampera, known to the wider world as General Motors’ Chevrolet Volt, has been proclaimed by GM as the holy grail of low fuel consumption and CO2 emissions.

Image by harry_nl via Flickr

From its unveiling as a concept car at the Geneva Auto Show in March 2009, this five-door hatchback has been under an industry spotlight like few other cars. If it lives up to its billing when it goes into production (scheduled for next year), it will provide an important bridge between conventional diesel- and petrol-engined cars and whatever fossil fuel-free transportation lies in the distant future. Though still a work in progress, it is hard not to be impressed by petrol consumption of about 170 miles per gallon and zero CO2 emissions for the majority of miles passing under the wheels.

Image by harry_nl via Flickr

While the pending arrival of the Ampera has been much heralded, confusion remains about what, precisely, it is. To clarify, it is on target to become the first “range extender” electric vehicle to reach world markets in large production volumes.

Its technology overcomes both the daunting drawbacks of purely battery-powered electric cars and the relatively limited contributions conventional “hybrid” cars such as Honda’s Insight and Toyota’s Prius make to reduced fossil fuel consumption and CO2 emissions. This is despite their “green” image and the benefits they receive such as exemption from London’s £8 per day congestion charge. In the real world, both cars do well to achieve a (still laudable) 50-60 miles on a gallon of petrol and can go only very short distances on CO2-free battery power alone, mostly at crawling speed in stop-start urban traffic. On the open road, even though their modestly sized electric motor and battery pack drive in parallel with a petrol engine, the latter has to work almost as hard as a conventional car’s to maintain a satisfactory rate of progress.

Image via Wikipedia

According to GM data, the Ampera will travel 40 miles on its fully-charged 16kW-hours, lithium-ion battery pack alone. That is far enough, EU research shows, to satisfy the majority of Europe’s driver needs, since 80 per cent of motorists travel only 30 miles a day. The driver can also make full use, when appropriate, of the Ampera’s claimed performance of nine seconds to 62mph from standstill and top speed of 100mph.

So far, then, it is not much different from other battery-powered cars which, like the Ampera, can be plugged in at the office during the day in order to increase commuting distances.

The crucial difference becomes apparent when long distances are involved. I found when testing the £92,000 Tesla battery-powered sports car that the claimed 200-mile range fell closer to 100 when its power was used to the full, with 16 hours required for a full recharge using a household socket. BMW’s prototype battery-powered Mini had only slightly greater range (at the cost of losing the rear seats to make way for the battery pack).

Both will thus go considerably further than the Ampera without recharging. The crucial difference, however, is that when the Ampera’s batteries are in danger of running out of puff, it simply activates its own on-board petrol generator simultaneously to power the electric drive unit and to recharge the batteries. GM engineers insist this provides 350 miles of range using full performance before refuelling for generator or battery pack is required. But the Ampera’s advantage grows further in that even a three-hour dalliance with a conventional household socket is enough to kick the batteries back to full life and another 350 miles can be put under the wheels.

Unlike conventional hybrids, the Ampera’s wheels are driven exclusively by electricity. Its startlingly brisk performance is down to the 150 horsepower-equivalent electric drive motor, delivering its full, thumping 370 newton metres of torque from standstill. According to a GM spokesman, the per-mile cost of the Ampera using standard-rate electricity should be only about one-fifth that of a similar-sized conventional car.

Little of the above matters, however, if the Ampera turns out to be rotten to drive or, like the Tesla, costs several arms and legs more than its rivals. But GM has little to worry about on the drive experience.

The Ampera looks appealingly dramatic and executive sector-ish from the front, but is based on the same engineering platform as the Vauxhall Astra family car range built at Merseyside’s Ellesmere Port. It even drives like the comfortable but agile Astra, except on three counts. One is that the division of electric motor and battery pack between front and rear gives it almost 50-50 weight distribution, and thus even greater agility. The second is the liveliness of the acceleration thanks to maximum torque being available at any time. The third is the weird absence of mechanical noise when using battery power alone, and the tiny margin by which noise is increased when the petrol generator kicks in.

But the overwhelming sense in which the Ampera works is its lack of demands upon driver and passengers. Its interior space and seating are no different from conventional, similar-sized cars. The dashboard looks mildly futuristic and has some instruments, such as battery status and energy drawdown, which take a few seconds to learn. But otherwise it’s simply hop in, turn the key, engage the automatic gearshift and go. Refuelling the generator is straightforward via the garage petrol pump and the electric plug-in is likely to be problematical only to those who have to park in the street.

Where it only “mostly” works lies in pricing. Vauxhall, which is pitching hard to be allowed by GM to build Europe’s Amperas at Ellesmere Port, is projecting a UK launch price of about £30,000 if hopes of government “green” cash incentives of up to £5,000 per car go unrealised, as seems likely. That puts it well into BMW 3 Series territory and some £7,000 more than the most expensive Astra.

But factor in exemption from London’s congestion charge, zero road tax and the 300-plus gallons of fuel a year Vauxhall reckons can be saved compared with a 40mpg car by a driver covering 15,000 miles a year, and the gap looks considerably less formidable. The smug smirk of a green CO2 “hero” comes for free."

Related articles by Zemanta

• Electric Cars, Batteries and Lithium: Next Big Thing in action TNR.v, TSLA, CZX.v, LI.v, RM.v, LIT.v, LAT.v, WLC.v, CLQ.v, SQM, FMC, GM, F, NSANY, HEV (sufiy.blogspot.com)
• Lithium Rush in China: Qinghai to increase lithium output by 500% in 5 years TNR.v, TSLA, CZX.v, RM.v, LIT.v, LAT.v, CLQ.v, WLC.v, BYDDY, NSANY, GM, F (sufiy.blogspot.com)
• Honda Moves Hybrid to Lithium: Plug-in to be launched in 2012 TNR.v, TSLA, CZX.v, RM.v, LI.v, WLC.v, CLQ.v, LMR.v, GM, NSANY, RTP, F, HEV, AONE, BHP, (sufiy.blogspot.com)
• Volkswagen aims to conquer green market with electric VW Golf TNR.v, TSLA, CZX.v, RM.v, LIT.v, CLQ.v, WLC.v, LI.v, GM, F, HEV, AONE, GOOG, AAPL, RTP, (sufiy.blogspot.com)
• Powered by Lithium: Hyundai goes high-tech with Sonata, its first hybrid TNR.v, TSLA, CZX.v, RM.v, LI.v, WLC.v, CLQ.v, LIT.v, LAT.v, RTP, FCX, BHP, GM (sufiy.blogspot.com)
• Vauxhall Ampera electric car will revolutionise market (liverpooldailypost.co.uk)
• opel ampera (designboom.com)
• Electric Cars: Obama slips behind the wheel of the Chevy Volt TNR.v, TSLA, GM, CZX.v, RM.v, LIT.v, LI.v, WLC.v, CLQ.v, HEV, AONE, RTP, BHP, FCX, GOOG, (sufiy.blogspot.com)