Will Apple buy its way into Electric Cars space? Tesla is "not for sale", but they can be in some kind of partnership with Apple. Apple can outsource the whole power-train to Tesla and concentrate on the design and its brand. Another wild card in all this game is Foxconn - is it building its own electric car or will produce electric cars for Apple like iPhones and iPads?
In any case this is the great validation for the electric cars and Apple will bring the catalyst to our lithium industry. With its cash position Apple can build one of the best R&D teams in lithium batteries in the world and legal battle with A123 is the first indication of things to come.
Now Bloomberg reports more details about Apple Electric iCar programme. We are getting ready!
International Lithium Corp. and Ganfeng Lithium Commence Work Programs on the Avalonia and Mariana Lithium Projects.
"We have very interesting report today from Bloomberg on Foxconn. It is all the same web: electric cars, China, Tesla and Apple. Will we see electric car for $15k produced by Foxconn in China after all? Today we get one step closer to this groundbreaking development for the mass market for electric cars.
China moves very fast now to fight the air pollution and ignite the next industrial revolution. This collaboration with Tesla will allow it to acquire the latest technology in electric cars space. Lithium batteries and materials are already the very important foundation for this advance being built in China right now. Read more."