Wednesday, 27 April 2016

Ireland Lithium For Europe: ILC And Ganfeng - Germany Plans $1.4 Billion In Incentives For Electric Cars.




 This is really big news for us at International Lithium and Ganfeng - finally Germany is putting its act together. CNBC is on all morning on Volkswagen - New York Times reported that there was a Power Point Presentation in 2006 how to cheat on emissions. It is only the beginning of AutoGate - all autos cannot comply with any limits in the real driving conditions. Now Mercedes is under investigation, FIAT, PSA Peugeot, Mitsubishi was rigging fuel consumption data from ... 1991! What does it mean? It means that when you account all costs properly Electric Cars are already cheaper than ICE age once with much better performance. The problem is that we do not have enough good ones.  People are buying all they can get from Tesla Motors. Tesla Model S has already outsold in Europe Audi 8, BMW 7 and Mercedes S in 2015!

  This is the real news without hype: people will buy more EVs now. Germany is igniting the EV boom in Europe's largest auto-market. India, Norway, Netherlands and Austria are all considering banning any new ICE cars to be sold in 2020s! Now the question is how to build millions of electric cars and fast. Daimler, LG Chem and A123 are building lithium batteries factories in Europe now. Tesla is talking to Germany and France on the next Tesla Gigafactory 2 location in Europe. From the last year I am calling for Elon Musk to come to Ireland where we are developing Avalonia J/V with Ganfeng Lithium. In my very personal opinion Ganfeng should be building its own lithium production plant in Ireland right at the doorstep of Europe. After Apple's melt down on the slowing sales of iPhones there are a lot of calls for it to buy into the Next Big Thing and buy Tesla. The automakers that can strike a strategic alliance with Tesla Motors and buy Tesla Model 3 lithium technology and power-trains will make millions of electric cars and take the market over. Will it be China again with its military plan to dominate the post carbon economy after this Next Industrial rEVolution in Energy?
         

International Lithium And Ganfeng Lithium Commence Drilling At The Avalonia Lithium Project, Ireland.





  Volkswagen has made the best advertisement campaign for electric cars and Elon Musk with 325,000 orders for Tesla Model 3 in one week has shown that people are ready to buy best electric cars. Now we have a very good problem: how to make millions of EVs for all of us and fast. While Elon Musk is negotiating the best next location for Tesla Motors Factory and Gigafactory 2 in Europe, LG Chem, Daimler and A123 are all building lithium batteries facilities in EU already. Ganfeng Lithium has avery strong presence in Europe and now we are knocking on the doors to the one of the largest auto-markets in the world and building together Vertically Integrated Lithium Business to feed the Energy rEVolution. At international Lithium we have started early and acquired Avalonia lithium project in 2009. Now after years of due diligence by Ganfeng Lithium and millions of dollars in investments into the project we are drilling the defined targets to make the next step towards the economic assessment of the deposits on our property. Our J/V is fully financed by giant from China Ganfeng Lithium. Now International Lithium has active ongoing developments on all three continents: with Ganfeng Lithium from China in Ireland and Argentinaand with Pioneer Resources from Australia in Canada.

"Mr. Kirill Klip, President, International Lithium Corp. comments, “The Avalonia project joint venture, fully funded by strategic partner Ganfeng Lithium Co. Ltd., (“GFL”), could be of strategic importance to the European Union should a sufficient resource be identified. Clean fuel technologies for motor vehicles are becoming increasingly important to the European Economic Community to tackle climate change and the air pollution crisis in major urban areas. Lithium technology will play a major role when it comes to providing batteries for communication devices, electric vehicles and utility storage systems. Renewable sources of energy such as solar and wind power will also benefit from lithium battery technologies and become more commonplace as the problem of intermittency will be addressed providing steady power from these sources 24/7.” Read more.






Volkswagen DieselGate Fallout: Tesla Model S Outsold Mercedes-Benz S Class In Europe In 2015!






InsideEVs.



  Thanks to the best advertisement campaign for electric cars organised by Volkswagen and corrupt EU politicians, we have another groundbreaking event reported by InsideEVs. Last year Tesla Model S outsold Audi 8, BMW 7 and Mercedes S Class! People with the money are going electric. Even more will do so once good electric cars are available in Europe. Tesla Model 3 will make the trick 325,000 reservations in one week time with reported today! Who will be first to secure the strategic alliance with Elon Musk, stop messing around with ICE and buy from Tesla Model 3 power-trains to bring electric cars to the millions fast? Read more.



InsideEVs.




Bloomberg:

Germany Plans $1.4 Billion In Incentives For Electric Cars.

  • Buyers to receive up to 4,000 euros per vehicle to boost sales
  • Merkel faces opposition to plan within her governing bloc


    German Chancellor Angela Merkel’s government reached a deal with automakers to jointly spend 1.2 billion euros ($1.4 billion) on incentives to boost sluggish electric-car sales.
    Buyers will be able to receive as much as 4,000 euros in rebates to help offset the higher price of an electric vehicle, Finance Minister Wolfgang Schaeuble said at a press conference in Berlin. Purchasers of hybrid cars will get as much as 3,000 euros off the price. The industry will shoulder 50 percent of the cost. The program is set to start in May, pending approval from the German parliament’s budget committee, he said.
    “The goal is to move forward as quickly as possible on electric vehicles,” Schaeuble told reporters, adding that the aim is to begin offering the incentives next month. “With this, we are giving an impetus.”
    The car industry, Germany’s biggest manufacturing sector by revenue, sees incentives as a potential game changer due to the size of the country’s market, which accounts for nearly a quarter of all auto sales across Europe. Merkel, who hinted in February that she was ready to back subsidies to reach her goal of 1 million electric cars on German streets by 2020, sealed the agreement with automotive CEOs late Tuesday after weeks of discussions over how to divide the funding. The industry originally offered to pay 25 percent of the total.
    “This is a significant incentive, and it’s a good start,” said Arndt Ellinghorst, a London-based analyst at Evercore ISI. “But what needs to happen more importantly, German manufacturers need to make attractive e-cars, and German e-cars just aren’t.”

    30,000 Cars

    Just over 30,000 electric vehicles, which are more expensive than conventional models, have been sold in Germany. That’s a tiny fraction of the more than 3 million cars bought each year in a country which has historically leaned on diesel technology to reduce carbon-dioxide emissions.
    Car manufacturers including Volkswagen AG, Daimler AG and BMW AG, along with suppliers such as Continental AG, directly employed 790,000 people in Germany last year, when industry sales totaled 404 billion euros, according to statistics from the Ministry of Transport. Production in the country rose 1.9 percent last year to 5.7 million cars, with models including Daimler’s Mercedes-Benz S-Class sedan, made near Stuttgart, and the Audi A3 sedan that the division of Volkswagen builds in Ingolstadt.
    Automaking is “one of the key lead industries and it doesn’t help if we leave it completely on its own” in global competition, Vice Chancellor Sigmar Gabriel said at the Berlin event, comparing the electric-car incentives to the backing that European governments gave years ago to help build up Airbus Group SE. At the same time, industry leaders should “move to a much more proactive strategy, to face challenges and not always say it’s impossible,” he said.
    Volkswagen rose 2.7 percent to 128.45 euros as of 1:20 p.m. in Frankfurt trading, while BMW gained 0.5 percent to 83.04 euros. Daimler declined 0.7 percent to 62.48 euros.
    German auto producers have pointed to support in other European countries in their efforts to sway Merkel’s government. In France, the government started offering a 10,000-euro rebate last year to drivers trading in older diesel-powered cars. In Norway, owners of electric cars enjoy a plethora of perks, including tax breaks, free battery charging, free parking and an exemption from congestion charges.

    Policy Tightrope

    In throwing her support behind the program, Merkel is walking a tightrope within her governing bloc. While some -- such as the head of the Christian Social Union, the Bavarian sister party to her Christian Democratic Union-- favor incentives to spur sales and create jobs, many others have opposed such measures.
    The project also includes 300 million euros in German government support in the three years through 2020 to develop a network of 15,000 battery-charging stations and 100 million euros for authorities to buy electric vehicles.
    “The government has put in place the right steps to give e-mobility a boost in Germany, which the country needs to catch up if it’s to become a leading market for e-cars,” Matthias Wissmann, president of the German car-manufacturers’ association, or VDA. “That’s why construction of a nationwide charging network in step with increased sales should happen fast.”