Now Elon Musk confirms his plans to build Tesla Model S in China. As we have discussed before, his plans with Gigafactory for Lithium Batteries and this entry into the largest auto-market in the world with Tesla Model S will be the major bifurcation point for the Lithium Industry. First Tesla Model S are being delivered in China as well now.
Powered By Lithium: Li Shufu - Geely And Volvo Will Join Hands To Develop Electric Cars ILC.v TNR.v LIT
"Now Volvo, owned by Chinese Geely, joins the club of auto-makers salivating about the opportunity presented in the largest auto-market in the world with the chocking on the highest rate of air pollution population. All auto majors are in and betting on theWar Against Pollution announced by China. Volvo joins Daimler, BMW,Volkswagen, Audi, Saab and even out-of-the-bankruptcy Fisker to fight pollution and make urban mobility still possible in China.
Elon Musk has added to the fire today with Beijing Auto Show flirting with Electric Cars represented by all major auto-makers: he is planning to produce Tesla Model S in China in 3 years time. We will make a separate entry about it.
China runs now the state level plan to build the Vertically Integrated Lithium Business to secure the strategic commodities like Lithium and take over the large market share in Lithium Batteries."
International Lithium has issued the newsletter covering the latest transactions with its strategic partner Ganfeng Lithium from China.
International Lithium: Ganfeng Lithium Is Halted Pending Major Acquisition ILC.v TNR.v LIT TSLA KNDI
"We are following International Lithium here with its strategic partner from China Ganfeng Lithium. Elon Musk with his Tesla Gigafactory has brought a lot of attention to the Lithium strategic commodity story and Asian companies are coming into the spotlight as well now. LG Chem is talking about building major Lithium battery plant in China and Lithium Materials Industry is getting the green light from the Chinese government in its efforts to curb the horrible pollution.
"Kirill Klip, president of International Lithium (TSXV:ILC), views the announcement of Tesla’s Gigafactory as a “groundbreaking development.”Tesla “brought attention to what Elon Musk has accomplished,” Klip told Lithium Investing News. “He showed to everyone that electric cars are not toys anymore — they are for real.”
International Lithium's Strategic Partner, Ganfeng Lithium, Takes Large Stake in Mariana and a $10 million Option on the Blackstairs Projects ILC.v TNR.v LIT
"Mar 19, 2014 (ACCESSWIRE via COMTEX) -- Vancouver, B.C. / ACCESSWIRE / March - 2014 / International Lithium Corp. (the "Company" or "ILC") announces several major transactions with strategic partner GFL International Co., Ltd. ("Ganfeng Lithium" or "GFL")."
This story originally appeared on Green Car Reports."