Lithium gxy related, page-272

Now there are reports that China is pushing for the very aggressive California style Zero Emission Vehicle (ZEV) program.

"8% of new cars to be electric by 2018, 12% by 2020.”

Let’s put it into perspective: this year there are just over 1% of new cars sales in China.

By 2018 they are talking about a factor of 8x that and 12x by 2020.

That’s a 12x increase in the number of electric cars to be produced in China!

Let’s digest it all for a moment…