Lithium Americas Corp (LAAC)

[overlordpeter]

The Lithium Revolution 2015 HIGHLIGHTS



2015
The 1 millionth electric car is built in September 2015.
Report surfaces that Apple plans to ship driverless cars by 2019.
Google’s self-driving cars reach the milestone of 1 million miles driven autonomously.
Tesla takes $800 million in orders for its new home batteries in just two weeks.
A TSX-V traded company was the most recent recipient of an off take agreement to supply Tesla with Lithium Hydroxide.
Volkswagen’s stock price gets crushed over 30% in the aftermath of DieselGate.
FMC recently announced an “across the board 15% increase in price” in all finished lithium products. Lithium Hydroxide rose from $9,500 per ton, up to $10,870. Lithium Carbonate from $6,500 per ton up to $7,475 USD.
General Trends:
Charging stations have increased rapidly around the world.
Every major auto manufacture has more than one fully electric car. Some automakers mandate is to have an electric version of every model.
The oil price has hit a 6.5 year low, yet electric vehicle sales have held momentum.
Lithium battery manufacturing costs are dropping in price while lithium battery technology is getting better.
New technology is decreasing the charge time for electric cars. Meanwhile, “miles per charge” is rising, and some cars can even recharge wirelessly.
There’s a greater interest in looking after the environment with a continued scare of global warming.
Wind and solar storage needed to regulate output of electricity back to the grid.
China is a nation now giving priority to EV cars on their highways and parking lots.

http://www.equities.com/spotlight/canadian-spotlight/the-lithium-revolution