"Today first GM Volt is rolling off from the factory line and CNBC is on air from the GM to highlight this event all the day. Peak Oil revelations will bring more and more people to the realisation of the fact that Electric Cars are the way forward now. More than 6000 people test driven Chevy Volt during recent promotion sessions and many thousands more attended Nissan Leaf Test Drives all across the country.
It is the very beginning, but this new trend can be changing our lives very fast - Electric Cars are coming on our drive ways now.
In this light - of strategic importance of Lithium and REE for the new disruptive technology for the electrification of our transportation system - this transaction shows again that China and other asian countries are again way ahead of any North American corporations in realisation that secure supply of Lithium and REE will be the cornerstone of the post carbon economy.
We are happy for the company and its shareholders, but only few Lithium projects left out there and majority of them have secured major strategic interests from Chinese, Japanese and Korean companies. Sadly, situation with REE did not provide lessons to anybody. Where are GE, GM, Ford, Corning, Dow, 3M, Boeing and Du Ponts of this world? Will we all be at the mercy of Lithium Opec one day?
On our M&A radar screen here we have left only one company in Lithium space open for strategic partnerships - International Lithium Corp. to be spun out from TNR Gold. We hope that they are dating somebody interesting as well for their IPO."
"Why not to make rebates on every EV build and purchased in U.S. at 15k - 20k USD and tomorrow GM will be retooling all plants to produce Chevy Volt, Nissan will be pleading to build more factories on US soil and other automakers will be standing in the queue to get to the party - it means thousand of Jobs coming back to U.S.
The very important part of the plan should be a long term program to Secure Supply of strategic commodities for Electrification of our Economy - Lithium and REE."