Lithium technology is the key to mass market in electric cars. Tesla Gigafactory will bring better and cheaper lithium batteries. We have the opportunity to listen to the great history of Tesla Motors in the making.
Gigafactory will drive this cost efficient rEVolution when it will be even more cheaper to drive EVs. This future means a lot of lithium batteries and the whole new supply chain for the Lithium materials. International Lithium is building this kind of supply chain with leading lithium material producer Ganfeng Lithium from China.
Nature Climate Change
I would like to share this very interesting report about the dramatic decrease in lithium battery costs than previously thought. Industry insiders are already working around $300 per kWh and Tesla Gigafactory will bring us closer to $100 per kWh - the tipping point for the mass market for electric cars.
"Joe Lowry has published a very interesting article about the lithium market, major producers and rising Chinese powerhouses in lithium industry. You can find now more details on International Lithium strategic partner Ganfeng Lithium. Apple Electric iCar and Warren Buffet BYD move into energy storage to chase Elon Musk with his Tesla Gigafactory bring Lithium back onto the radar screens of investors now. Read more."