The Centre Of Lithium Universe: China Is Pushing For ZEV Mandate: 8% Of New Cars To Be Electric By 2018, 12% By 2020.
Electrek.
"Electrek reports that China is pushing for the very aggressive ZEV mandate: "8% Of New Cars To Be Electric By 2018, 12% By 2020." I will translate: this year we are getting just over 1% of new cars sales in China. By 2018 they are talking about a factor of 8 and by 2020 about the 12 times that amount! Digest."
"If and when China will ban fuel-burning cars remains the speculation at this moment, but it will change the geopolitical landscape overnight making many Trillions of dollars in assets in the West worthless and some major companies literally shrinking in size within a year or two. We will have more Chinese names at the top of the World's largest companies for sure and size of the Chinese economy will jump reflecting the new growth based on the manufacturing base of the 21st century. This Energy rEVolution will be very fast and brutal to those unprepared. It is time to check your portfolios in order not to get caught in "The Death Spiral" - like Fitch is predicting for the oil companies. And whoever would like to start new trade wars should be thinking twice and long term in advance, like China is doing building secure lithium supply to power new Energy Plan and Electric rEVolution. With the diminishing role of Oil as the only source of Energy, will our world be able to have a peaceful transition to the new order? Read more."
Today we can discuss again why this Energy rEVolution is unstoppable. Let's stop moaning and procrastinating and get back to business to make it happen. "The Learning Curve" is making Electric Cars and Solar the better business choices. Electric cars are delivering better performance, have a fraction of the running cost than ICE and will be cheaper as well very soon. GM Bolt is going live and you can configure your very own electric car which is priced below $40k and goes for 200 miles "Made in America". Well ... almost ... apart from the lithium batteries ...
This is the Energy rEVolution in action. Tesla Model 3 will take us even further in the fast lane to the mass market for electric cars. Solar power generation is beating record after record by cutting costs of installations. I do not think that Donald Trump will make the costly geopolitical mistake and will make China The Great instead of trying at least to run The U.S. as a business enterprise in the best sense of this term. Vote in Florida against anti-Solar law demonstrates that once you turned The Pyramid upside down you can't just stop it. We have the culmination of Information Revolution based on the Internet. We are moving now into The Energy rEVolution based on Distributed Energy Generation with Solar and Wind; and storage of Energy. The World Is Just Before The Internet. Centralized Energy Control No More. The first countries implementing it seriously will be driving the rest of 21st century to prosperity for their people. We are talking about Power here, it is used to be Oil for more than 100 years, but not anymore - now the have The Miracle. We can produce renewable energy and store it with lithium batteries very efficiently. Now we can use the most efficient form of energy known to us - electricity when we need it. We do not have to burn things. It is not my presentation for kids, it is what China is doing with its state level and military style execution of The New Energy Plan. It is all about Power and Business, Oil is on its way out and if you try to stop it, China will become number one economic power even faster. Who does need all your military to bring "Democracy" and protect Oil supply chain if nobody needs 80% of oil anymore?
It will be very unfortunate if somebody will put a barbed wire all around the U.S. and will make Solar and Electric Cars illegal in the U.S. - in all other cases it is unstoppable and becomes the question of the best economic choice. You do not have to believe in a climate change to drive Electric Car with a performance of Porsche at the price of Toyota. No oil change, no 250 moving parts and just 10% cost for electricity compare to the gas.
In this case, maybe Elon Musk will come to the UK and will make his beautiful electric cars for everybody else in the world? It looks like The Great Germans still need a hand: they are already complaining that China with its new mandates for Zero Emission Vehicles (ZEV) will put them out of business in China! We are already here, building the secure lithium supply even in Ireland. And now different countries in Europe are competing to become the place for the Tesla Gigafactory 2 which will be producing not only lithium batteries but electric cars as well, according to Elon Musk.
But all jokes aside, I do not like to be the first with a news flash, that it is not only about America anymore. China is the Center Of Lithium Universe, links below will provide you with more information why it is really happening so fast. China is already the largest market for electric cars, BYD backed by Warren Buffet is the largest EV manufacturer in the world and Chinese companies are producing the largest amount of lithium chemicals for the batteries. There are 25 companies which are making 51 models of electric cars in China now. This year we will see over 500,000 EVs sold in China. It took GM 7 years to sell 100,000 Chevy Volts from 2009. BYD will sell 100,000 EVs this year alone!
Now Electrek reports that China is pushing for the very aggressive ZEV mandate: "8% Of New Cars To Be Electric By 2018, 12% By 2020." I will translate: this year we are getting just over 1% of new cars sales in China. By 2018 they are talking about a factor of 8 and by 2020 about the 12 times that amount! Digest. Maybe the Orange is the new Black, but economics has still the same language, money talks. And Green is the color of money these days. BYD estimates its profit up 84% this year after triple digits growth before!
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