CNN has created the great infographics demonstrating the advance of electric cars based on the recent data from the IEA report. As you can see, the real story is already happening in China. Red Dragon leads the Lithium Race with 40% of the worldwide EVs sales in 2015, followed by the U.S. with 22%. The share of EVs sales in total auto sales in China is at 1%, followed by The U.S with its 0.7%. Norway has confirmed the previous data we were very excited about here: 23% of total auto sales in 2015 were electric cars! Netherlands is second with its very impressive 10%.
Full battery electric cars are leading Plug-In Hybrids with total electric cars sales of 550,577 worldwide in 2015. The number of total charging points is growing very rapidly as well and was at the impressive 1,490,000 worldwide already in 2015. As you remember, Tesla is making the major roll-out of its Super Chargers doubling the amount by the end of this year before launching Tesla Model 3. You can find more information from the IEA report in my previous post below. And have a look at who is who in the "Electric Billionaire Club."
Ganfeng And International Lithium In EV Race: 25 Companies Are Making 51 Models Of Electric Cars In China Already.
"We are all excited by Tesla's headlines and the coming new catalyst for the lithium market with the opening of Gigafactory later this month, but the real story of the lithium race is happening in China right now. China has become the largest auto market in the world for electric cars last year and BYD has become already the biggest manufacturer of electric cars in the world this year. Waren Buffett holds the stake in BYD and this New Energy conglomerate is taking the world with its electric buses and electric cars. This year BYD has moved into utility energy storage as well in the U.S. with EDF.
It is called The New Energy in China and is a part of the 5-year plans which are exercised with military discipline for the last few decades. Electric Cars, Solar and Wind power with lithium battery domination are all parts of the building of this strategic industry in China to rule in the 21st century.
25 companies are making 51 models of electric cars in China already and they are not all Teslas yet but are getting very fast there. The whole new strategic industry is being created from scratch and companies like Ganfeng Lithium are growing very fast from $3 million dollars in sales in 2000 to $4.5 billion in market cap now.Ganfeng Lithium is the strategic partner of International Lithium and finances our two J/V projects in Ireland and Argentina. In this EV race into the 21st-century Energy rEVolution, the security of lithium supply becomes the most important factor for the leaders to keep their dominant position in the fast-changing marketplace. Read more."
Sophie Yeo from Carbon Brief reports on the recently released "Energy Technology Perspectives 2016" by IEA. To my surprise, China became the largest market for electric cars already in 2015! The report provides a lot of very interesting data and now you can put my own writing into perspective with more data coming in. The world is going electric, sales of EVs are rising exponentially from the very low base and lithium is the magic metal at the very heart of this Energy rEVolution.
"As you remember, I am expecting China to become the largest market for electric cars as well this year. We are talking a lot about Tesla, but should not miss the real story happening in China now. BYD has sold 80,000 electric cars (calculating sales of just two of its EVs), closing on Tesla with 120,000 EVs sold. Now 28 companies in China produce 21 models of Electric Cars. To secure the lithium supply is the state-level plan in China as the country builds the strategic industry of the New Energy based on Electric Cars, Energy Storage, Wind and Solar Power."
Lithium 2.0 Launch: Security Of Supply - Galaxy Resources To Buy General Mining In Lithium Takeover.
"This chart of lithium price in China is keeping awake at night very many people now in our very small industry. Quite a lot of them have totally missed the launch of Lithium 2.0 and now the security of supply is the major geopolitical issue. Tesla is still relying on Panasonic to supply lithium cells and a lot of people are relying on the "Lithium Found in Nevada" under Tesla's Gigafactory floor.
Ganfeng Lithium: $4.5 billion giant from China is the strategic partner of International Lithium and now financing two of our J/V operations in Ireland and in Argentina. We are going where Lithium is and not just the hype around it. As we have discussed before, Lithium 2.0 is now for real as we have the real electric cars finally on the road and GM Bolt and Tesla Model 3 bring us mass market for electric cars. Cheap lithium batteries change everything. Exponential growth in EVs sales is following by deployment of Energy Storage now.
This Lithium M&A is pointing out another very important quality of Lithium 2.0 Launch: separation of dreams from the real people with the real projects, capital and technology to put them forward. There are only very limited number of quality lithium projects and even less capable teams with access to the capital and technology, like in the case of International Lithium and Ganfeng. Read more."