Tesla Model III will be the game changer for the mass market for electric cars. Particularly for China it can be the only way forward in order to be able to increase the amounts of cars on its roads without chocking on the very dangerous level of air pollution, which is already causing serious problems for the country.
China Rolls Out Welcome Mat for Electric Cars: Ganfeng Lithium Partners with International Lithium in Argentina and Ireland.
According to the World Bank, air pollution costs China as much as $300-billion a year in health problems and productivity losses.In response, the Chinese central government just announced a slate of pro-electric car policies, including slashing charging station rates by 30%. Navigant Research predicts that global lithium ion battery sales will increase 400% by 2023. Read more."
Elon Musk To Occupy Mars, But First He Opens The Doors For Tesla To The World's Biggest Auto market.
Elon Musk moves very fast and now the doors to the world's biggest auto market are wild open. Superchargers will make Tesla Model S capable to compete with ICE cars and Chinese government will do the rest. Air pollution is the nation wide issue and now government in China has announced the war on pollution. Electric cars are the very big part of this battle plan. Now one thousand fast chargers are being built in Beijing along and all new residential development must be wired for the electric cars. The new mandate is in place calling for 30% of all state owned cars to be electric.China has escalated electric cars to the status of strategic industry and is building the supply chain of Strategic Commodities for the electric cars, mobile devices and alternative energy. LG Chem has announced its own Megafactory in China to produce 100,000 lithium batteries for electric cars per year. International Lithium becomes the part of the vertically integrated lithium business in the huge market in China with its strategic partner Ganfeng Lithium. Read more."