Lithium Exploration Group Inc. (fka LEXG)

[prokopton]

Lithium demand exploding: Tesla, Apple, Google, Volkswagen, GM, BYD Company, Faraday Future

We know about Tesla's Gigafactory 1. There are about 12 other gigafactories expected to come online by 2020. What we're hearing about Tesla's demand for lithium is only the tip of the iceberg.

1) Electric vehicles will only consume a fraction of the lithium demand. Energy storage will consume the most.

2) China will need much more lithium than the US.


Apple seeking EV charging stations
http://electrek.co/2016/05/25/apple-car-charging-stations/

Volkswagen possibly building its own gigafactory
http://electrek.co/2016/05/26/vw-battery-gigafactory-electric-vehicles/

Faraday Future expected to build SECOND EV factory. This one in California.
http://electrek.co/2016/05/25/faraday-future-second-production-factory-california/

GM to start Bolt EV production in October 2016
http://electrek.co/2016/05/13/gm-production-2017-chevy-bolt-october-2016/

500% More Electric Vehicle Revenue Coming by 2021
http://www.cheatsheet.com/automobiles/500-electric-vehicle-revenue-2021.html/?a=viewall

LEXG needs lithium tenements and focus the SonCav on lithium extraction.

Oil is the past. Lithium is the new oil.