And this is the real worry for all automakers, we are talking about here. Engadget reports on the disruption of the luxury sector by Tesla Model S which is always on ludicrous mode. The real electric cars provide much better performance and consumer satisfaction, we just need to have them cheaper. And they are coming very fast now from all automakers in a fear to be left out on ICE. The most important message after so many years is that it is not our dreams anymore: the best electric cars are here and customers are voting for them with their wallets. Lithium technology is here and cheap lithium batteries change everything.
Now you can better understand why any Lithium demand forecast will never be even close to the potential of this $4 Trillion disruption of the transportation industry. And after that add on the top the ongoing disruption of $8 Trillion Energy and Utility industries with Solar and Wind driving Energy Storage demand. I will provide the best conservative Lithium Demand and Supply estimation from Joe Lowry for your reference. With electric cars coming out below $40k and 200 miles of a range we can start talking about all cars being electric very soon.
Volkswagen Electric ID.
"WIRED has put out the great article on the very hot topic in Europe now. Everybody is still in a total disbelief that Almighty Auto Lobby in Europe can really lose and German Parliament has finally decided to ban sales of the all new cars with internal combustion engines (ICE) by 2030. Autos have just celebrated the DOUBLING of cancer hazard pollution limits for diesel cars after the DieselGate.
I can be also very cynical after of years calling and waiting for this action and ask you to wake me up when it will really happen, but the ugly truth is that autos have finally understood that they cannot survive pushing "Clean Diesel" and "Not So Dirty Gas" anymore. People are not buying it. It makes more sense to rush and build finally all those electric cars before Tesla and EVs from China have not taken all the world over.
Tesla Model S crashes all sales of luxury sedans this year leaving in the dust Mercedes S-Class and BMW 7. With 400,000 orders of Tesla Model 3 consumers have sent a very powerful signal that they are ready for the best electric cars. There are not a lot of them yet: GM Bolt, Opel Ampera-e and Tesla Model 3 will start the real race with both priced below $40k and with 200 miles of range.
The Great Germans will be fighting back the ban of ICE cars like they are doing it now in India with the ban on diesel cars, but the train has left the station. DieselGate lawsuits can put Volkswagen out of business and they all understand very well now that first customers are going to Tesla and next the investors will be selling shares in all dinosaurs who cannot see that it is coming - all cars will be electric. Voices for the real change are getting louder and you cannot dismiss them anymore. Lithium technology is here and cheaper lithium batteries change everything. Lithium is the magic metal at the very heart of this Energy rEVolution. Read more."
Copyright Global Lithium LLC, used with permission.
"Joe Lowry provides us with his conservative outlook for Lithium Supply and Demand up to 2020. He is the must follow for all seriously interested in lithium market. Always do your very own DD, but at least you have the best data to work with. Now we have a news to put his view into perspective: Germany calls Europe to ban all ICE cars from 2030! It means that ramp up in the building production facilities for EVs and Lithium Batteries must be started now. Finally, we are talking seriously about The Switch to renewable Energy and Electric Cars by 2030! Lithium Technology is here and Lithium is a magic metal at the very heart of this Energy rEVolution. Read more."