Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Lithium Race: All Electric Cars Made In China.


Lithium Race: All Electric Cars Made In China.

Even before Tesla Gigafactory is coming online in 2017 we have already "Lithium Market Upheaval in China". My outrages Lithium price of $15 per MT of LCE in 2016 is not so dramatic any more: Joe Lowry has recently reported that LiOH is priced in some deals in China at $20k per MT already. Time is to check where all this lithium goes into before BYD, Foxconn, Boston Power, Samsung and A123 with their Megafactories plus 17 new startups in Lithium Batteries in China are coming online. As you can see, from the data provided by ChiaAutoWeb Electric Cars in China are already growing very fast in numbers of different models and sales. BYD backed by Warren Buffett is holding the first place and I expect China to become the largest electric cars market in the world early this year. It is all happening very fast even before Tesla has moved to build its tesla Model 3 in China. International Lithium is building vertically integrated lithium business with Ganfeng Lithium.

Lithium Race: Elon Musk Wants To Build Tesla Model 3 Electric Cars In China.

"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"

My Outrages Lithium Price Prediction Of $15k per MT Of LCE And Joe Lowry On China Lithium Market Upheaval.

Copyright Global Lithium LLC, used with permission.

Joe Lowry makes very interesting observations about the dynamic in our Lithium Universe. China is the largest Lithium Market in the world now. Security of Lithium Supply becomes the most important element of your business plan, when market is growing exponentially. It is all happening even before Tesla Gigafactory is coming online with other Lithium Megafactories to follow. My prediction about $15k MT LCE prices in China now suddenly does not look totally outrages any more!

"Asia is taking the very important lead in this space as well. China is not only leapfrogging directly into the Lithium Energy Space with Electric Cars and Solar, but building the advanced materials base for this new Energy rEVolution. Panasonic, Nissan, Toyota, NEC, Sony, Samsung, Huyndai, LG Chem and others are staking its own place in electric cars now. China is the largest Lithium Market in the world already, moving to claim the largest Lithium Battery Producer title and Electric Cars in China will become the largest World's EV market early in the next year.

Listen to that podcast, read the article about LG Chem and do your own research. Numerous companies are building Lithium Batteries facilities now in China: LG Chem, BYD, Boston Power (Ganfeng Lithium has 10% stake), Foxconn, Samsung, A123 - which will exceed even Tesla Gigafactory production capacity! 17 start ups only this year are trying to capitalise in lithium batteries market on the "War on Pollution" announced by China and state-level plan to build new strategic industry - Electric Cars. Read more."

International Lithium and Ganfeng: Chinese Lithium Prices Jumped Twice In October To $11,049/tonne.

Now we can discuss the real situation in the lithium market and how the full blown shortage situation of Lithium looks like. China is rising and has become the centre of "Lithium Universe". International Lithium strategic partner Ganfeng Lithium put up its prices for a second time in the space of month last week to $11,049/tonne! With rising Lithium prices Ganfeng Lithium market cap is rising as well, now this giant from China has reached 2.3 Billion market cap. Industrial Minerals calls Ganfeng leading Chinese carbonate supplier and you can see the chart below reflecting the market situation in China. It will come as a shock for many:

"Chinese lithium producer Jiangxi Ganfeng Lithium Co. Ltd increased the price of its lithium carbonate last week, marking the second rise in a single month.

The company raised the sale value of its material by nearly 17%, from Chinese renminbi (Rmb) 60,000/tonne ($9,470/tonne*) to Rmb 70,000/tonne ($11,049/tonne) - Industrial Minerals"

Ganfeng has announced in China on its website establishing of $170 million credit line to finance expansion of its production facilities, financing of acquired last year mobile lithium battery maker and investing in the development of raw material base. The security of supply is everything. International Lithium is building vertically integrated lithium business with Ganfeng.

Joe Lowry: Preliminary Look at 2015 Global Lithium Demand.

International Lithium: Mavis Lake Lithium And Tantalum Project, Canada.

"With GM Bolt and Faraday Future unveiling at CES 2016, Lithium Technology is in the headlines these days and getting finally on the investor's radar screens. Today I would like to present International Lithium's Mavis Lake Lithium and Tantalum project in Canada. Our J/V projects with Ganfeng Lithium: Avalonia in Ireland and Mariana in Argentina are better known: we are advancing another $4 million exploration programs on these projects now. Mavis Lake presents another very important opportunity for development of potential source of conflict free strategic commodities in politically stable Canada. We are talking here about the security of Lithium Supply for the West now. With our J/Vs with Ganfeng Lithium solidly on track for the development, we are concentrating now on the Strategic Partnership to build the Next Lithium Producer in North America. Read more."

International Lithium And Ganfeng Lithium Move Mariana Lithium Brine Project Forward In Argentina.

"Mr. Kirill Klip, President, International Lithium Corp. comments, "We have always viewed Argentina as a favorable location for mineral exploration and development and have been able to operate in a mutually beneficial manner with the local people and governments. The results of the recent elections have managed to give foreign corporations greater confidence in the future of business and mineral resource development in Argentina. We welcome the change and look forward to working with the newly elected officials and advancing our Mariana lithium brine project in cooperation with our strategic partner, Ganfeng Lithium. Security of lithium supply is becoming more important as witnessed by recent price increases in China, all in advance of the completion of new battery production facilities announced by Tesla and other manufacturers. We continue to build a vertically integrated lithium business with Ganfeng Lithium to meet the future demand of lithium products that will address the increasing demands for lithium raw materials and chemical products." Read more."

International Lithium Receives Notice of License Renewals for the Avalonia Lithium Project, Ireland

"Mr. Kirill Klip, President, International Lithium Corp. comments, "The Avalonia project joint venture, fully funded by strategic partner Ganfeng Lithium Co. Ltd., ("GFL"), could be of strategic importance to the European Union should a sufficient resource be identified. Clean fuel technologies for motor vehicles are becoming increasingly important to the European Economic Community to tackle climate change and the air pollution crisis in major urban areas. Lithium technology will play a major role when it comes to providing batteries for communication devices, electric vehicles and utility storage systems. Renewable sources of energy such as solar and wind power will also benefit from lithium battery technologies and become more commonplace as the problem of intermittency will be addressed providing steady power from these sources 24/7." Read more."


Chinese-Made Electric Cars

Listed below are highway-capable plug-in EVs built in China by either native car-makers or foreign-sino joint ventures. The database here covers mainly passenger cars; electric buses and trucks in general are not included. The first table documents pure-electric models, and the second plug-in hybrids (PHEVs). We will update the database regularly following the development of the China's EV industry. Please click on individual models for photos and specs.

All-electric passenger cars

Maker Model Battery Type Driving Range (km) Top Speed (km/h) List Price (Yuan) Release date
BAIC (Beijing Auto) ES 210 Lithium Ion 175 130 346,900 Dec. 2014
EU260 Ternary Lithium 260 140 254,900 Nov. 2015
E150 EV Lithium Ion 140 125 249,800 Mid 2013
C30 EV Lithium Ion 200 160    
Beiqi Foton Midi EV Lithium Manganese 170 140 100,000 after subsidies  
BMW Brilliance Zinoro 1E Lithium iron phosphate 150 130 400,000 March 2014
BYD e5 LiFePO4 220      
e6 LiFePO4 400 140 309,800 Limited release in 2010
K9 LiFePO4 250-300 62.1mph est. 2,000,000 Oct. 2010
T3 LiFePO4        
BYD-Daimler DENZA EV LiFePO4 253 150 369,000/ 399,000 April 2014
Changan Benni EV Lithium Ion 150 120 Less than 100,000 after rebates  
E30 Lithium Ion 160 125 About 100,000 after rebates 100 Changan E30 EVs started to serve as taxis in Beijing in Feb. 2012.
Eado EV Lithium Ion 160 140 About 200,000 H1 2015
Chery eQ EV Lithium Ion 200 100 159,000- 164,900 Nov 2014
Riich M1 LiFePO4 120- 150 120 149,800- 229,800 Nov. 2010
Dongfeng E30L Lithium Ion 160 80   Late 2014
Dongfeng Nissan Venucia E30 Lithium Ion 160     A fleet started to serve as taxis in Dalian in September 2013.
FAW Besturn B50 EV Lithium Ion 140 147    
FAW Toyota Ranz EV Lithium Ion 120      
FAW Volkswagen Carely LiFePO4 110 145    
Geely EK-2 LiFePO4 180 150 100,000  
Geely Emgrand EV Ternary Lithium 253 140 251,800- 265,800 Nov 2016
Great Wall Haval M3 EV LiFePO4 160 130    
GreenWheel EV Jimma (Jummer) Lithium Ion 160 110    
Hafei Saibao EV Lithium Ion 180- 200 130 180,000  
Haima Freema EV LiFePO4 160 90 160,000 Public trial in 2011
JAC iEV LiFePO4 160 95 169,800 Sept. 2012
Kandi EV K11 (Panda EV) LiFePO4 80 80   2014
Lifan 320 EV LiFePO4 100- 150 120    
620 EV LiFePO4 200 120    
SAIC (Shanghai Auto) Maxus EV80 LiFePO4 170   179,000- 499,000 Nov. 20, 2014
Roewe E50 LiFePO4 180 130 234,900 Nov. 5, 2012
Shanghai GM Springo EV (Chevy Sail EV) LiFePO4 130- 200 130 258,000 Nov. 2012
Zotye Zotye Zhidou (ZD) Lithium ion 120 80 108,800 2014
Cloud 100 EV Li(NiCoMn)O2 150 85 150,000  
E200 Lithium Ion 120 80    
E30 Lithium Ion 150 80    
5008 (Nomad II) EV LiFePO4 200 100 210,000 early 2010
M300 EV LiFePO4 200 120 250,000 2010

Plug-in Hybrid Cars
Maker Model Battery Capacity List Price (Yuan) Release date
BMW Brilliance BMW 530Le 40AH 698,900 Jan. 15, 2015
BYD Qin 13KWH 189,800- 209,800 Dec. 17, 2013
Shang   est. 139,800- 169,800 H2 2015
Song   est. 250,000 H2 2015
Tang 18.4KWH est. 300,000 H2 2015
Yuan   est. 200,000 H2 2015
Chery Arrizo 7 PHEV 9.2KWH   Late 2015
FAW Volkswagen Audi A6L e-tron 14.1KWH   2016
GAC (Guangzhou Auto) Trumpchi GA5 REV 13KWH 199,300- 219,300 Oct. 2014
SAIC (Shanghai Auto) Roewe e550 (550 PHEV) 11.8KWH 248,800- 259,800 Nov. 2013
Volvo S60L PHEV 11.2KWH 505,900- 559,900 April 22, 2015

Disclosure: I am/we are long TRRXF, ILHMF.