Lithium technology has already disrupted the auto-market with Tesla Motors solidly ahead of all the competition. Gigafactory will bring more rapid advance with the mass volume production. Competition is already hitting up and China takes very bold actions to claim its share in these developments with state-level financial support. Electric Cars is the strategic industry in China and at the forefront of "The War on Pollution". If China can repeat the Solar story with Chinese companies producing cheap, but reliable lithium batteries for mass market in EVs and Utility Storage, we will have the mass market in electric cars very soon.
"Apple's Titan project, reported by WSJ now, to build Electric iCar brings new attention to our EV industry. Electric cars are considered the strategic industry in China already and lithium battery technology development is the key to the success of electric cars. Tesla Motors demonstrates this technology in action. I do hope that we will all win in this war - new cheaper and better lithium batteries will bring us the mass market in electric cars. It is not all about oil, it is about the air we and our kinds breathe. The stakes are very high in this lithium race. Now you can get a glimpse into the technological race behind the labs' doors all around the world. Watch the videos."
"Eric Wesoff reports on very interesting development in China. Boston Power is building its own Megafactory to produce lithium batteries and even the super cheap urban EV for ... $8,000. It will be the game changer for the booming market for EVs in China, where EV sales are up 320% last year. We have discussed LG Chem Megafactory before and now you can appreciate more recent move of our strategic partner Ganfeng Lithium. China is building very fast its new strategic industry - electric cars. International Lithium is the part of the vertically integrated Lithium business with Ganfeng Lithium in China. Read more."
"Our strategic partner Ganfeng Lithium continues to build vertically integrated Lithium business in China. Now it is gaining access to the latest lithium batteries technology. International Lithium is the part of this international integration in order to secure the supply of lithium. Read more."