Electric rEVolution: Lithium Race Goes Ludicrous Mode With GM Bolt And Tesla Model 3 Production Starting in July!
Kirill Klip, Chairman, President and CEO, International Lithium Corp.
The real electric cars are finally coming on our streets. Stage one of The Tide is coming with two Electric Vehicles (EVs) in the West to start mass-market adoption phase: GM Bolt and Tesla Model 3. Both electric cars are priced below $40,000 and give you more than 200 miles range. The Switch will happen when millions of people will be buying electric cars instead of ICE (Internal Combustion Engine) ones. The demand for Mobility is already here, all we have to do is to make EVs better and cheaper than cancer hazard polluting ICE ones. Then millions of customers will start The Switch literally.
Mass production of lithium batteries brings the Holy Grail to electric cars - the cost of batteries is fast approaching the magic $100 per kWh. The auto industry and corrupted politicians are still fighting unavoidable: Elon Musk was talking one year ago about the all-in cost for his lithium batteries at $190 per kWh. Now there are reports already that Gigafactory allows for Tesla to go below $150 per kWh. There is a claim in a new promotional video that Tesla will achieve 35% cost reduction for lithium batteries produced at Gigafactory, according to ElecTrek, it can be as low as $124 per kWh!
We are talking here about the magical 20/200 when $20,000 buys you an electric car with a better performance than BMW 2 and range over 200 miles. It means that not only the cost of ownership for EV is lower than a comparable ICE car, but a beautiful electric car is cheaper and better than anything ICE can offer. We are talking here about all cars being electric much faster than you think.
Below are electric cars which are coming in the fast lane in the West in the next few years. But the real story in Electric rEVolution is happening now in China. There are over 70 models of electric cars on sale in China already! Who will be left with Trillions of dollars worthless stranded assets after this rEVolution will claim its victims? Steam Engine cannot make "America Great Again". There is still time for The Switch, but it is running out very fast. Lithium is the magic metal at the very heart of this Energy rEvolution and Tesla's supply chain goes all around the Globe and back to China now.
The Tide is coming. The real Electric Cars, which are better than anything ICE can offer, will be finally produced in a mass market fashion in the West! China with its over 70 models of Electric Cars on sale is another story and for another day. Today we can all celebrate that despite all odds Elon Musk is moving fast towards his goal of ... 500,000 EVs being made in 2018! And now new Tesla Gigafcatories are coming ...