The Salt Lake Tribune gives us today a very good summary of what we already know about Tesla Model 3 and I will provide a few links to show why this Lithium Race to mass market for electric cars is picking up speed and we have reached the point of no return. Lithium is the magic metal at the very heart of this Energy rEVolution and cheap lithium batteries change everything.
"Elon Musk is looking for the Tesla Motors factory place in China and the production could be started in 3 years time. He is going where the largest auto-market is and China will welcome him with open arms. We have the state-level military plan to build the new strategic industry in China - Electric Cars in action. Why compete with ICE Age dinosaurs if China can leapfrog straight forward into the Next Industrial Energy rEVolution? 75% of Lithium Hydroxide is controlled by China now, it goes into Tesla Motors lithium cells made by Panasonic. Ganfeng Lithium supplies Panasonic with lithium materials as well as Warren Buffett's backed BYD, LG Chem and Samsung among many others. International Lithium is building vertically integrated lithium business with Ganfeng Lithium. Watch the video"
"We have the great discussion in our comments on my recent post on Tesla Gigafactory about the future of batteries. In order to save you all time and effort I will post Lithium Solid State and Lithium Air posts here again. "Battery For The Future" is the best video on Lithium Technology I have ever seen. Now Apple is coming with its Electric iCar, GM Bolt will be on sale this year and Tesla Model 3 will be unveiled at Geneva Auto Show in March: mass market for electric cars is approaching very fast in this Lithium Race. So why is it Lithium after all? And, yes, it is not a mistake: in the very short time from September 2015 Strategic partner of International Lithium - Ganfeng Lithium has jumped with its market cap valuation from $1.2 Billion to $3.2 Billion. "The Lithium Upheaval in China" is spreading like a virus now all over the world markets. Read more."
"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.
I am just thinking about The Next Fifty Years here on this blog. We will pay to Oil our due respect at the appropriate time, but today I would like to share with you a few observations from my latest research. Please, stay tuned - I will publish the sources for your own conclusions later.
Electric Cars have reached The Point Of No Return. Whatever happens next to Oil is not relevant any more. With more expensive oil we can have our iPod Moment chart of EV adoption rate just going even steeper. With lower price for oil we can just listen about the coming doom for electric cars for another few months and those journalists will have just a little bit more time to find another jobs. FED is hiring by the way - they will need a lot of spin to keep this Market Ball rolling. To paraphrase: the stone age has gone not due to the lack of stones … Electric Cars are just better, they are more powerful and they are getting cheaper now. Read more."
The Salt Lake Tribune:
Everything we know about Tesla's secret Model 3
By TOM RANDALL
Tesla is gearing up for its biggest-ever unveiling - the Model 3, an affordable electric car that's supposed to take the company from 50,000 vehicle sales last year to 500,000 in 2020.
Here's what we know so far:
• There will only be one new car (for now). Despite some speculation to the contrary, there will only be one car unveiled in March: the Model 3 sedan. Rumors have circulated that Tesla might also unveil a Model Y crossover vehicle, but according to people familiar with Tesla's launch plans, this event will focus on the Model 3 exclusively.
• This is the big one. It's "going to be probably the most profound car that we make," Elon Musk said. "It will be a very compelling car at an affordable price." The Model 3 is now the company's top priority.
• It's on schedule. The unveiling of the Model 3 will take place in March, and pre-orders will begin immediately. Production will start in 2017.
• The price is right. The base model will cost $35,000, reportedly before government incentives, which in the United States range from $7,500 to more than $13,000, depending on the state.
The Model 3 is "meant to be a slightly smaller version of the Model S," Musk said in Hong Kong this week, "and it won't have quite as many bells and whistles."
In a November 2014 call with investors, Musk said the Model 3 would be about 20 percent smaller. Given the room freed up by the electric motor and Tesla's sub-floor batteries, it should still have more storage than a typical compact car.
• Free range. Expect a range of at least 200 miles per charge, possibly more. The recently announced 2017 Chevy Bolt will have a 60 kWh lithium-ion battery pack. If Tesla offers the same sized pack, it's range could beat the 200-mile mark considerably, based on the performance of other Teslas and the smaller size of Model 3.
• New factories are coming soon. In addition to the flagship Fremont Factory in California and the battery Gigafactory in Nevada, the company aims to open additional Model 3 factories in China and Europe as soon as 2018.
This will be Tesla's third auto platform: the Roadster, the Model S and X, and now the Model 3. To make the Model 3 affordable and adaptable, Tesla had to start from the ground up. "For better or worse, most of Model 3 has to be new," Chief Technology Officer JB Straubel said in October. "It's a new battery architecture, it's a new motor technology, brand new vehicle structure. It's a lot of work."
• Autonomous ready. The Model 3 will probably come equipped with the sensors for autonomous driving, even if Tesla requires additional fees to activate them. This week Musk predicted that in 10 to 15 years, all new cars will be autonomous. He also said roughly a third of people will forgo car ownership in favor of shared car services like Uber, or the Tesla equivalent (don't call it Tuber).
• Long warranty. The Model 3 will have a warranty similar to that for the Model S, including an 8-year, infinite mile transferable warranty on the battery pack and drive unit, Musk said on Twitter in August 2014. That's important after Consumer Reports dinged the company last year for reports of excessive drivetrain problems.
• About that Model Y: We know from a slide deck used by Tesla's Straubel that the company is planning a "Model 3 Sedan & Crossover." The two vehicles will probably share the same chassis, battery, and motor platform. But the sedan will come first.
• X, Y, truck? Musk also wants a truck. It's probably next on his list after the Model 3 sedan and crossover. "I think it is quite likely we will do a truck in the future," Musk said this week in Hong Kong. "I think it's sort of a logical thing for us to do."
• The Gigafactory is key. Tesla's multibillion dollar battery factory in Nevada will be crucialfor meeting Model 3 delivery demands. Batteries are the biggest single cost of production, and their price and supply are currently the biggest limiting factor for EV growth, according to Straubel.
• Don't call it the Model III. The car's logo may be three parallel bars, but don't call it the Model III, Musk told followers on Twitter. The bars should be horizontal, similar to the stylized "E" in the Tesla logo.
That's no mistake. Musk originally wanted to call it the Model E, in order to spell out "SEX" and then "SEXY" with his full lineup of Model names. He had to settle with "Model 3" because Ford wouldn't give up the trademark it owns."
Disclosure: I am/we are long TRRXF, ILHMF.