"As China attempts to grapple with its rampant air pollution, the national government and municipal authorities are taking increasingly aggressive measures to encourage adoption of plug-in electric cars. Officials recently announced the details of a previously-discussed new round of electric-car incentives, while the city of Shenzhen has joined several other Chinese cities in capping new-vehicle registrations. According to Reuters, China's current incentives scheme expires in 2015, but a new program will replace it and carry through to 2020."
International Lithium: Kirill Klip - Q And A From ILC On Our Strategic Partnership With Ganfeng Lithium.
Ganfeng Lithium has developed technology to process the raw materials that we aim to produce and has an expanding customer base world-wide for their finished products. This Vertically Integrated Business structure gives International Lithium security in the market and expertise for materials processing side of future feasibility studies. It also gives International Lithium confidence in moving the projects forward as our partner is actively pursuing vertical integration within their business model. Read more."
Electric Cars are not only about the price of oil, but about the ability to enjoy personal mobility in the urban centres with millions of people packed in megalopolises in China and India. Lithium based technology makes it possible.