This is one more great opportunity to listen to Elon Musk. He is covering Tesla Patents, Competition, GM Bolt, Gigafactory and batteries, Tesla Model III and X, Superchargers and sales in China. Please listen to his thoughts on the touchy subject of Hydrogen fuel cells. "We do not have even to discuss it. Hydrogen Fuel Cells are extremely silly and it will become obvious in a few years time". "Electric cars are very efficient and much cheaper even with Oil price at 50 dollars." Other companies are taking his vision into account already.
"Eric Wesoff reports on very interesting development in China. Boston Power is building its own Megafactory to produce lithium batteries and even the super cheap urban EV for ... $8,000. It will be the game changer for the booming market for EVs in China, where EV sales are up 320% last year. We have discussed LG Chem Megafactory before and now you can appreciate more recent move of our strategic partner Ganfeng Lithium. China is building very fast its new strategic industry - electric cars. International Lithium is the part of the vertically integrated Lithium business with Ganfeng Lithium in China."International Lithium Corp. Update on Avalonia (Ireland) and Mariana (Argentina) Lithium Projects.
Disclosure: The author is long ILHMF, TRRXF.