Lithium Drive: Tesla sued the BBC television programme “Top Gear” for libel and malicious falsehood tsla, tnr.v, czx.v, alk.ax, lmr.v, tsla, rm.v, nup.ax, srz.ax, usa.ax, jnn.v, abn.v, res, mcp, avl.to, quc.v, cee.v, sqm, fmc, roc, li.v, wlc.v, clq.v, lit, nsany, byddf, gm, dai, rno.pa, hev, aone, vlnc

  

  We have wrote before that BBC with its coverage of Electric Cars can be called BP TV - they must have forgotten that the company is funded by UK taxpayers, who are chocking now with gas prices at almost 10 dollars per gallon.

  Hopefully, now the Tesla record will be set straight and we expect further publicity supporting Electric Cars.

"What way will be chosen? Can the arrogance still rule even in the age of social media? Pretty much so, but you can now make your choice and take out your hard earn dollars out of war equation for the sake of Green Buck itself. Electric Cars allow you to stop Oil servitude and finance the wars on both sides."

"If we can allocate all costs properly to the account of Oil Supply in the U.S., including the price for military operations and protection of the ocean lines, amount spent in order to protect 100 years old Oil based technology can easily place us all in the Electric Cars in five years time."

Tesla vs. Top Gear.

BACKGROUND

On Tuesday March 29 Tesla sued the BBC television programme “Top Gear” for libel and malicious falsehood.

When Top Gear reviewed the Tesla Roadster, the episode that aired contained lies and misinformation about the Roadster’s performance, behaviour and reliability. Tesla reluctantly took legal action after its repeated attempts to contact the BBC, over the course of months, were ignored.

In the episode, Tesla Roadsters are depicted as suffering several critical “breakdowns” during track driving. Host Jeremy Clarkson concludes the episode by saying that the Roadster doesn’t work.

Specifically, Top Gear misrepresented that:

1. The Roadster ran out of charge and had to be pushed into the Top Gear hangar by 4 men.
2. The Roadster’s true range is only 55 miles per charge (not 211).
3. One Roadster’s motor overheated and was completely immobilized as a result.
4. The other Roadster’s brakes were broken, rendering the car undriveable.
5. That neither of the two Roadsters provided to Top Gear was available for test driving due to these problems.

The breakdowns were staged and the statements are untrue. Yet the programme’s lies are repeatedly and consistently re-broadcast to hundreds of millions of viewers worldwide on BBC television and web sites, and on other TV channels via syndication; the show is available on the internet, and is for sale on Top Gear DVD’s around the world.

Tesla wants people to know the truth, and correct the public’s misperceptions. The Roadster and its EV technology, as well as EVs generally, have been unfairly and viciously maligned by Top Gear.

Tesla simply wants Top Gear to stop rebroadcasting this malicious episode and to correct the record, but they’ve repeatedly ignored Tesla’s requests.

Blog post by Tesla VP of Communications, Ricardo Reyes: Ten Million Electric Miles and Counting: By Jove, It Does Work in the Real World

COMPLAINT

Click here to read the Particulars of Claim.

THE TESLA ROADSTER

The Tesla Roadster is the only serially-produced electric supercar in the world. The hand-built, carbon fiber Roadster accelerates from 0-60 in 3.7 seconds, and reaches an electronically-governed top speed of 125 miles per hour. Offering 295 pound feet of torque, the Roadster Sport offers the performance of a supercar without a drop of gasoline.

The Roadster travels 211 miles on a single charge (based on European Electric Vehicle Combined Cycle). The charger is built on-board the Roadster, so it can plug into any conventional 220-v electrical outlet.

Roadster owners typically “top off” by plugging the car in when they come home at night – and every single morning they wake to a full charge, without ever visiting a gasoline station. The Roadster does not require oil changes, muffler system repairs, spark plugs, pistons or other costly and time-consuming service and maintenance associated with internal combustion engine cars.

The Tesla Roadster 2.5, released in 2010, is Tesla’s fourth iteration on the electric supercar. It embodies Tesla’s philosophy of continuous improvement and responds to customer feedback to create the best example of a Roadster. In addition to a new front fascia and rear diffuser reflecting the future of Tesla design language, the 2.5 also features:

• Directional forged wheels available in both silver and black
• New seats with improved comfort and larger more supportive bolsters
• Power control hardware that enables spirited driving in hot climates
• An optional 7" touchscreen display with back-up camera
• Improved interior sound reduction including new front fender liner material make the cabin even quieter

The Roadster participated in the 24 Hours of Le Mans and won distance rallies including e-Silvretta and e-Miglia in the Central Alps; France’s Monte Carlo Alternative Energy Rally; and Zero Rally 2010, a zero-emission race from Oslo to Stavanger, Norway. In September 2010, a Tesla Roadster sponsored by TAG Heuer was the first electric GT car to complete a world tour.

The body and interior of the Roadster are built in Hethel, UK, and the final assembly is done in Menlo Park, California. The Roadster has a base price of £87,945 and the Roadster Sport starts at £102,895.

For full Roadster specs, click here.

Roadster Reviews:

How to drive fast, have a good time - and still save the planet, Boris Johnson, The Telegraph, March 2009

The A-Z of the Future: Tesla Roadster Sport, EVO, February 2010

Racer or Commuter? Just What is the 2011 Tesla Roadster Sport?, Nikki Gordon-Bloomfield, All Cars Electric, October 2010

Harry Metcalfe's 50 Best Supercars: No. 26: Tesla Roadster Sport, The Sunday Times, January 2011

Fully Charged: Tesla Roadster Fully Charged, June 2010.

ABOUT TESLA

Tesla’s goal is to produce increasingly affordable electric cars to mainstream buyers – relentlessly driving down the cost of EVs. Through the Roadster, Tesla has raised the standard of electric vehicles by producing a vehicle that doesn’t compromise on performance, design or efficiency.

Tesla’s headquarters are located in the heart of Silicon Valley, Palo Alto, California. The move to these headquarters allowed Tesla to co-locate different departments in one large and open office, which allows Tesla to create the synergy and efficiency necessary to move quickly with projects. In addition to corporate offices, headquarters houses engineering labs and a production floor where powertrain components - battery packs, the motor and transaxle - are built.

The zero-emission Roadster is the world’s only electric supercar. Powered by a battery pack comprised of 6,831 lithium-ion cells, it accelerates from 0-60 in 3.7 seconds without a drop of gasoline. The Roadster is the only sports car that can be fully or partially charged with renewable energy such as solar, wind, hydroelectric or geothermal power. More than 1,500 owners are driving Tesla Roadsters in at least 30 countries and collectively have driven over 10 million electric miles.

Tesla’s second car platform, the Model S sedan, will be available in mid-2012. Model S is the first premium sedan built from the ground up as an electric vehicle.

Tesla sells cars directly to customers online and from a retail network of 17 stores and counting in North America, Europe, Asia and Australia. Tesla stores are designed to make the customer feel welcome and comfortable, and explore the technology behind electric vehicles and the reality of owning one, revolutionizing the customer experience of a car purchase and ownership.

Many Tesla stores include a service area where customers can get recommended annual inspections and software upgrades on their cars. Regardless of where customers live, Tesla’s mobile service technicians, Tesla Rangers, make “house calls” to owners’ homes and offices to give customers peace of mind and unparalleled convenience.

In May of 2010, Tesla purchased the Tesla Factory in Fremont, California. The 5.5 million square-foot Factory is larger than Tesla’s current needs for Model S and is an investment in the company’s future. The Factory offers space to build a third-generation, mass market electric car. Currently, Tesla is focused on bringing in new talent, retooling the facility, and creating the most energy-efficient and innovative automotive production process in the industry to build the automobile of the 21st century.

Tesla partnered with Daimler AG in 2007. Tesla produces battery packs for Daimler’s electric Smart car and Mercedes A-class E-cell. In May of 2010, Tesla announced a similar partnership with Toyota. Tesla is designing and building the powertrain for Toyota’s upcoming RAV4 EV.

Panasonic, the world’s leading battery cell manufacturer and a diverse supplier to the global automotive industry, also partnered with Tesla in 2010. Tesla currently uses Panasonic battery cells in its advanced battery packs and has collaborated with Panasonic on the development of next generation battery cells designed specifically for electric vehicles. While Tesla’s current battery strategy incorporates proprietary packaging using cells from multiple battery suppliers, Tesla has selected Panasonic as its preferred lithium-ion battery cell supplier for its battery packs. Panasonic also joined Daimler and Toyota as an investor in Tesla.

TESLA HISTORY

Tesla was incorporated in 2003, and product development began in 2004.

South African-born entrepreneur and Tesla co-founder Elon Musk has overseen Roadster product design from the beginning. Musk recruited JB Straubel as Chief Technology Officer, and the team created the proprietary technology of Tesla’s electric powertrain.

The Roadster prototype was introduced to the public in July 2006. It was the cover of Time Magazine and "Best Inventions 2006” winner. Tesla produced more than two dozen prototypes before serial production began in February 2008. Tesla opened its first retail showroom in Los Angeles, California, in June 2008. Since then, Tesla has opened 16 more stores and sells cars directly to consumers online.

In May 2009, Germany's Daimler AG, maker of Mercedes, acquired an equity stake of $50 million. Tesla builds electric powertrain components for electric versions of Daimler’s Smart city car and for the Mercedes A-Class.

In June 2009, Tesla was approved for US$465 million in interest-bearing loans from the United States Department of Energy. The funding, part of the US$8 billion Advanced Technology Vehicles Manufacturing Loan Program, supports engineering and production of the Model S sedan, as well as the development of powertrain technology that Tesla sells to other automakers. The Department of Energy loan program was created in 2007 during the George Bush administration in order to get more fuel-efficient vehicle options to U.S. consumers and to reduce America’s dangerous dependence on oil.

In May 2010, California Governor Arnold Schwarzenegger announced that Tesla and Toyota formed a strategic partnership to collaborate on engineering and manufacturing. Toyota purchased US$50 million in Tesla common stock. The companies’ first platform collaboration is an electric version of the RAV4 SUV, which Toyota unveiled at the 2010 Los Angeles Motor Show.

Like many Silicon Valley technology startups, Tesla was initially financed by venture capitalists and individual investors. In June 2010, Tesla launched its initial public offering on the U.S. NASDAQ stock exchange under the symbol TSLA. The IPO raised US$226 million. Tesla was the first American car maker to go public since Ford Motor Company in 1956.

TESLA PRESS CONTACT

Please direct all press inquiries to press@teslamotors.com

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  We have a very important development for Lithium batteries market and Lithium demand - so far we have been always calculating the lithium batteries for hybrids like GM Volt or Toyota Plug In and full Electric Cars like Nissan Leaf or Tesla. 

  

  If Lithium batteries can claim at least part of stop/start auto market it will be a very dramatic change in the global demand picture. Stop/Start technology is the must to improve fuel efficiency in the urban cycle for vehicles with Combustion Engines (CE) in the nearest future. Now Lithium based technology could claim not only full Electric Cars, Plug In hybrids, but also part of the Stop/Start market, which is developing today very fast. Pricing will be the most important point as usual and this development can bring additional volume necessary to bring cost down of all lithium batteries.

AutoBlogGreen:

A123 zeros in on stop/start hybrids with 12V li-ion nanophosphate battery

by Eric Loveday (RSS feed) on Apr 2nd 2011

A123 Systems is looking to cash in on the emerging stop/start hybrid market with its 12V Nanophosphate lithium-ion battery. Compared to typical lead-acid AGM batteries, A123 says that its li-ion units offer enhanced charge acceptance, which reduces the load on the vehicle's alternator and engine, leading to improved fuel economy. In addition, Jeff Kessen, A123's vice president of automotive marketing and communication, claims that the firm's 12V li-ion battery weighs 60 percent less than a lead-acid one.

Kessen claims that test results in buses have shown that A123's li-ion batteries last up to six years in stop/start applications. For the sake of comparison, Kessen says that lead-acid AGM batteries have a life expectancy of under two years in grueling stop/start applications. A123's 12V li-ion battery utilizes the firms AMP20 prismatic cells, which have a power density of more than 2,400 W/kg and a nominal voltage is 3.3V.

Recently, A123 Systems entered into a production contract with a major, unnamed OEM on a stop/start system. The battery maker says that it's in the development stages with four other automakers."

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Lukas Lundin's NGEx drills 701 metres of 0.67% Cu at Los Helados - stock soars 36% now ngq.v, tnr.v, lun.to, czx.v, pot, bhp, rm.v, lmr.v, sqm, fmc, roc, li.v, ore.ax, lit, tck, rtp, vale

  We are long time followers and investors in this company. Everything has started with Lukas Lundin's Tenke Mining many years ago. Today our approach of following the value web in a very close circle  of mining business in Canada brings us another reward.
  Lukas Lundin's global exploration play NGeX Resources has made one more step towards another discovery of a major Copper-Gold system which can become an important deposit in Chile and Argentina. Stock is up 36% to 2.60 CAD at the moment of writing.

"Los Helados is one of several large porphyry copper-gold systems including the company's Josemaria and Filo del Sol projects all located with the large block of contiguous claims that the company controls in Region 3, Chile, and adjacent San Juan province, Argentina. Nearby deposits held by other companies include Caserones-Regalito (Pan Pacific Copper-Mitsui) and El Morro (Goldcorp/New Gold). The company holds a 60-per-cent interest in the Los Helados project. Japan, Oil, Gas, and Metals National Corp. holds the remaining 40-per-cent interest in the project. Both parties contribute their pro-rata share of exploration expenditures."


Josemaria project is adjacent to TNR Gold's Batidero property, where NGeX resources has a J/V with TNR Gold in Argentina.

"Location

Batidero is in the Northern part of San Juan Province, Argentina.

Technical Details

The Batidero project has significant gold and copper geochemical anomalies immediately adjacent to the northwest corner of the property, which indicate a possible extension of NGEx Resources Inc. Josemaria Cu-Au resource. In addition to the possible Josemaria extension, the Batidero property has several untested magnetic anomalies similar to those that make up Josemaria.

TNR presently owns 25% of the Batidero project and a 2% NSR."

"With Inmet it was the road into the nowhere, now Lundin Mining is still open to Equinox offer. Freeport McMoran move still could be in the cards for Lundin Mining jewel - Tenke Fungurume. It will be difficult for Lukas Lundin to defend the company with anything better than 10CAD on the table now - we will still consider that it is the very good deal for the buyer.

  We will monitor other companies with Lukas Lundin or his companies involvement now Canada Zinc Metals, TNR Gold, NGeX Resources, Sunridge Gold and Fortress Minerals."

NGEx drills 701 metres of 0.67% Cu at Los Helados

2011-04-01 09:31 ET - News Release

Dr. Wojtek Wodzicki reports

NGEX DRILLS 701 METRES OF 0.67% COPPER AND 0.30 G/T GOLD IN HOLE LH-16 AT LOS HELADOS, CHILE

NGEx Resources Inc. has released results from a further four diamond drill holes completed this season at the Los Helados project located in Chile's Region 3. These results from holes LH-15 to LH-18 follow results from LH-12 to LH-14 released on Feb. 22, 2011. LH-16 is the best hole drilled to date at Los Helados in terms of thickness and grade of copper-gold mineralization. Of particular interest is the fact that there are significant intervals of greater than 0.8 per cent copper in LH-16, LH-17, and LH-18 including 32 metres of 1.1 per cent copper and 0.56 grams per tonne gold in LH-16. Gold is present from top to bottom in all four holes. The four holes reported today are part of an continuing drill program that will total at least 10 to 12 holes and is expected to continue until the end of the summer exploration season in late April. The objective of the current drill program is to better define a zone of higher-grade mineralization that was also intercepted in previously reported holes LH-12 with 711 metres of 0.54 per cent copper and 0.26 grams/tonne gold, including 114 metres of 0.67 per cent copper and 0.19 grams/tonne gold; and LH-13 with 724 metres of 0.47 per cent copper including 562 metres of 0.54 per cent copper and 0.25 grams/tonne gold and including, 212 metres of 0.68 per cent copper and 0.30 grams/tonne gold. Weather and time permitting, the company hopes to complete sufficient drilling in this zone to permit calculation of an initial resource estimate by the end of 2011.

Intervals from the holes reported today are summarized in the table below.

Please see attached appendix for a summary of all the results to date from the current field season.

Commenting on the results, Wojtek Wodzicki, president and chief executive officer, said, "The results we report today confirm that we are in the midst of defining a major new copper-gold system that is still open in several directions and at depth. LH-16 intercepted good grade material from a depth of 76 metres, which bodes well for project economics and the fact that it bottoms in material grading greater than 0.9 per cent copper, suggests potential for a high grade core to the system. The results from LH-16 suggest that the high grade core of the system extends further to the west than previously thought and that the deposit is wide open in that direction. We continue to be encouraged by both the length and grade of the intercepts and by the fact that the drill holes contain long intervals of better than 0.6 per cent copper as well as consistent accessory gold. The reported intervals look even more encouraging on a copper-equivalent basis. We are very encouraged by the results to date and have expanded our drill program to approximately 10,250 metres in order to test the possible extensions. We anticipate a very exciting next few months as we work our way towards an initial resource estimate at Los Helados."

The higher-grade mineralization reported above is hosted within a quartz-feldspar porphyry stock and cross-cutting magmatic-hydrothermal breccia body that, based on mapping and drilling to date, has an estimated area of approximately 500 metres by 600 metres and extends to depths of more than 750 metres although further drilling is required to confirm these dimensions. Preliminary interpretation suggests that LH-16, LH-17 and LH-18 were drilled largely within the breccia body. LH-15 appears to have been collared to the north and east of the breccia and only intersected it at depth. It is noteworthy that hole LH-15 contains good grade mineralization at depth. Based on drilling to date the breccia body appears to be open to the west of holes LH-12, LH-16, and LH-13. The system is also open to the east and south.

The higher grade mineralization is associated with potassic alteration which is represented by strong biotite alteration. In the upper part of the system, the potassic alteration is overprinted by a chlorite-sericite assemblage that resulted in the introduction of pyrite and alteration of magnetite to hematite and apparently a slight reduction in copper grade. Copper mineralization occurs as primarily as chalcopyrite in both veinlets and breccia matrix. There is a close association of chalcopyrite with magnetite.

Los Helados is one of several large porphyry copper-gold systems including the company's Josemaria and Filo del Sol projects all located with the large block of contiguous claims that the company controls in Region 3, Chile, and adjacent San Juan province, Argentina. Nearby deposits held by other companies include Caserones-Regalito (Pan Pacific Copper-Mitsui) and El Morro (Goldcorp/New Gold). The company holds a 60-per-cent interest in the Los Helados project. Japan, Oil, Gas, and Metals National Corp. holds the remaining 40-per-cent interest in the project. Both parties contribute their pro-rata share of exploration expenditures.

Sample preparation and analysis and qualified person

The drill core was logged, sawed, and half cores were sampled in their entirety in two metre intervals or intervals corresponding to geologic breaks by company personnel at the company's field office in Copiapo, Chile. Samples were shipped to ACME's Copiapo sample preparation facility for crushing and grinding. The sample pulps were analyzed by standard industry assay methods in ACME's Santiago, Chile, laboratories. Copper and gold standards as well as blanks and duplicates (field, preparation and analysis) were randomly inserted into the sampling sequence for quality control. On average, 9 per cent of the submitted samples correspond to quality control samples. The quality control/quality assurance program on the Los Helados project is under the management of Diego Charchaflie MSc, PGeo (B.C.), a qualified person pursuant to NI 43-101. Dr. Wojtek Wodzicki PhD, PGeo (B.C.), a qualified person as defined by National Instrument 43-101 and president and chief executive officer of NGEX has reviewed and verified the technical exploration information contained herein."

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