Elon Musk brings the answer to all The Economist questions about the future and how "to start the era of electric car". Future is already here, just not everybody has noticed. Welcome to the Tesla first European plant!
"… Apple will go to The Trillion Dollars Market Cap and Tesla will build more Gigafactories. Dear Elon, please consider Ireland for the next Gigafactory, Ganfeng Lithium and International Lithium will be happy to supply you with our Lithium from Avalonia J/V and you can take Europe by the storm. Another interesting twist will come with Foxconn and its mystery $15k electric car, where they are investing now more than $800 million in China into the production facility. Everything is changing very fast in our electric space this year. Foxconn is the largest producer of iPhones and iPads for Apple, can we have the same cooperation with Apple Electric iCar? Lithium is the magic metal at the very heart of this rEVolution and Lithium supply is already under strain even before Tesla Gigafactory and other Megafactories are coming on-line."
The Economist: Volkswagen Scandal Could Finally Be The Start Of The Era Of The Electric Car.
I must admit that I have been living in this era of Electric Car already for the last 7 years. This number is very important and it is my personal problem - now you can read The Economist's take on the VolskwagenGate. You already know my thoughts and I will provide links for those who is catching up.
Join the Disruption or be Disrupted. Dump The Pump - It Is Time To Go Electric.
Tesla And "Virtual Lithium Producers" - Joe Lowry: The Lithium "Paper Chase".
"Joe Lowry is the source to go for the real analysis of what is going on in his "Opaque Lithium Kingdom". He spent more than 20 years at the very heart of very secluded Lithium Market and worked with one of the "Big 3" - FMC. You can find more about Joe on my blog, just search his name and visit his LinkedIn page. He is the must follow in the Lithium Industry. Read more."
DieselGate: There Is No "Clean Diesel", They All Are Here - Audi Emitted 22 Times The Allowed EU Limit.
A lot of people were thinking that China with its horrible air pollution and "total corruption" is so far away. Not any more. We have our very own heroes with DieselGate now spilling into PetrolGate and smelling like total FrackingGate. Who will dare to talk about that one? Check the links below with reports and infographic: "Carmakers above and beyond the safe limits". And spread the word. And stop buying that rubbish.
"China has announced "The War On Pollution". They have made Electric Cars The Strategic Industry. While we are here in the West were fed up by GMO in order to increase our acceptance of Shale Oil and its consequences like dramatically increased because of water pollution cancer rates and flaming water from the tabs; China has spent billions to secure the best Lithium Deposits, has built 75% of the world Lithium Hydroxide production facilities and leapfrog the ICE age straight into the post carbon EVs world powered by Solar.DieselGate: AUTO BILD - Poisonous Nitrogen Oxides Pollution Of BMW X3 Exceeds Euro 6 Limit By More Than 11 Times.
Nothing is perfect anywhere and not all is lost. We have Elon Musk, but we need more of them! Who will take the challenge and will embrace the vision for The Next Fifty Years to come and join me and International Lithium Team to built the secure supply not only for China, but for the West as well? I am waiting for that call and some people are coming already into International Lithium now. Read more."
Here we go … AUTO BUILD in Germany reports:
"Even BMW diesel exceeds emission limits significantly. Poisonous nitrogen oxides of the BMW X3 xDrive 20d exceed noisy road test of the ICCT the Euro 6 limit by more than 11 times."Join the Disruption or be Disrupted. Dump The Pump - It Is Time To Go Electric.
International Lithium And Ganfeng In "Top Lithium Producers."
Nothing Is Ever Clean About Oil: VolkswagenGate Continues - Now Millions Of Petrol Cars Could Be Affected.
It didn't take long. There is nothing clean with Oil, ever. There is just no such thing as "Clean Diesel" or "Clean Petrol". I guess, that nobody can really comply, but let's courts to decide here. Clean, Performance and Cheap - are not the words from the same sentence as Petrol, Gas, or Diesel. Billions in Fines and Fraud - these can be fixed easily with BP, Volkswagen "Clean Diesel" so far and …
What will happen next will be very interesting. There are already reports that all this VolskwagenGate was almost swiped under the rug in UK. Where the billions will go now? To lawyers and PR companies to make other lies or, finally, somebody will show Porsche CTO where to charge his Mission E and Tesla Superchargers Network?
There will be a lot of scams, as usual, when disruption is coming to 4 Trillion auto-industry. Just wait to read again about Electric Cars polluting more than ICE ones. Whatever. It is all not important any more. Tesla Gigafactory makes Oil ICE powered cars obsolete, Apple Electric iCar will smash the floodgates. Tide is coming. If you are looking how to enjoy the sailing, just read my disclaimer and welcome to the links below.
Now the real economics will work for EVs. The real deal with VolswagenGate is that Cheap, Powerful and Clean are NOT about any of the ICE car any more whether its is Diesel or Petrol. Would you like to buy Porsche performance, but pay Toyota price? They are coming: Electric Cars are just better.
Now who will, finally, start the FrackingGate?
Tony Seba: Clean Disruption - Learning From The Past And "Horse Manure Crisis".
Tony Seba gives another brilliant presentation on Clean Energy and Transportation Disruption. Do you now that the world was facing unsolvable "Horse Manure Crisis"? It was back in 1880 and apparently we have survived, but it was the Climate Change of the day in the past. There were even "Horse Manure Crisis" deniers. This crisis was solved not by "Clean Poop" or "Manure Capture and Storage". It was not "Fracking Manure" or even "Biofuel-poop" - just think what Energy Industry is selling you today. It wasn't solved by government "targets" of 30% less manure in 20 years! It was solved by two disruptive technologies: automobile and electric streetcar.
Today we are facing the crisis of our time - Climate Change and we now even have the Clean Power Plan to address it. New disruptive technologies will change completely our Transportation and Energy. Lithium technology allows us to store energy very efficiently and electric cars will take our streets over. Just look at Tesla Model S and wait for Model X and Model 3 to ignite the mass market in EVs. Solar will power our houses and EVs and lithium batteries for Home Energy Storage will make it work 24/7. Watch video.
The Future Of Oil: Electric Cars Have Reached The Point Of No Return With Tesla Gigafactory.
The short answer: All cars will be electric and the rest is history. If you like some details you are welcome! Nobody knows the future. We can only speculate and try to extrapolate the existing trends into the future. I would like to remind you that all expressed opinions on this blog are my personal ones and do not reflect the official position of any companies I am involved with.
Actually, I do not have anything against oil and, particularly, those hardworking women and men who were powering our technological progress for a little bit more than one hundred years. I just hate to pay so much for my petrol - guilty, I like Big and Powerful cars. Particularly I hate that this money is going to pay for Wars and provide dirty politicians which are bathing in oil denying the climate change. And I hate that my own money will pay for the use of One Hundred Years Old Technology based on controlled explosions of Dinosaurs Poop with less than 35% efficiency: heating everything around it and chocking us all with deadly air pollution. But not for long, Elon Musk has changed everything - I can get my Big and Powerful car from Tesla now. Read more.
Tesla opens first European plant on road to 500,000 car target
Tesla Motors, the US maker of electric cars, has opened its first factory in Europe in an attempt to ramp up sales in the continent and realise its goal of producing half a million cars a year globally by 2020.
The loss making group, which delivered 35,000 cars last year, says it will now assemble its Model S sedan (above) in the new factory in Tilburg, in the Netherlands, which will "help European customers get cars faster".
The plant is the first fully-fledged Tesla factory outside its home market. It was built using old factory parts from the company's main factory in Fremont, California. The plant will produce about 450 cars a week, with capacity for about 1,000 a week.
Elon Musk, the billionaire chief executive of the group, said that the plant has "a lot of room for growth and expansion", adding that the company was likely to look for new sites in Europe, "probably at the beginning of next year."
Analysts estimate that more than half of Tesla sales come from the US, about 30 per cent in Europe and just above 10 per cent from China, although they see China as the biggest potential market.
The company, which previously used the Tilburg site to reassemble cars made in California, has so far made only limited inroads into the key European markets of Germany, France and Spain. Its main successes so far have come in the Nordic region, particularly in Norway, which is estimated to be 13 per cent of sales.
Tesla is also facing the threat of increased competition in Europe from local companies, which are investing more in electric cars as the number of charging stations increases.
Mr Musk said that he welcomed having other carmakers in the market, and predicted that Volkswagen, which this week lost its chief executive after revelations that it cheated on US emissions tests, would also become a major participant.
He said he believed VW would decide the "path to redemption" would be for them to go "full tilt" on producing electric cars.
The plant opening in the Netherlands comes as Tesla also attempts to switch from being a pure luxury company to a seller of mass-market electric cars. The company is seeking to sell 500,000 cars a year by 2020.
Tesla is later this year expected to release its next generation Model X, a sport utility vehicle with "falcon-wing" doors and an expected starting price of $90,000.
Its mass-market offering, called the Model 3, which will sell for about $35,000, is not due to go on sale in the US for another three years, with sales in Europe starting soon after.
The Tilburg factory, where cars are pulled around a sparkling white floor on futuristic magnetic strips, features a 750m indoor test track."
Disclosure: I am/we are long ILHMF, TRRXF.