"WallStreet" Surfers

[Robertscott]

$ENRT Lithium Market Update:

The accelerating pace of technological change on multiple fronts, fabrication, robots, and materials continues to support the demand growth for Lithium and the rapidly growing use of Lithium batteries in Electric Vehicles (EVs), which is the largest driver of Lithium demand. Below are just two examples in the past week alone of how changing technology is driving down the cost and increasing the range of EVs, making them more competitive with Internal Combustion Engines (ICEs) and in the coming decade likely at parity or cheaper than ICEs.

On May 2, 2017 Elon Musk CEO of Tesla was quoted as saying 'I may be completely delusional'. When an analyst asked Musk to update his bold statement in an earnings call, the CEO said it would heavily involve Tesla going at the machine that builds the machine. Which involves, by the way, a tremendous amount of software, he explained. This is not just a bunch of robots that are sitting there. Its programming of the robots and how they interact. And its far more complex than the software in the car.

The company said Tuesday that manufacturing machines, presumably with Tesla's special-sauce software, are being installed in the facility, which Musk has said will exceed previous global lithium-ion battery production.

Full story at http://www.marketwatch.com/story/elon-musk-robot-software-will-make-tesla-worth-as-much-as-apple-2017-05-04

On May 2, 2017 a German consortium group announced their lithium battery project named the EMBATT using Nano technology and thin film processing will be ready by 2020 for in-vehicle tests to verify the lab results that the batteries could provide a range of over 600 miles on one charge.

Full story at https://www.fraunhofer.de/en/press/research-news/2017/may/1000-km-range-thanks-to-a-new-battery-concept.html

Over the past year the technology for Lithium batteries, EVs, Autonomous vehicles and other associated technologies continues to converge and strengthen these growing sectors into one singularity for innovation and change in our transportation sector.

"The Company thanks its shareholders for their shared vision as it moves forward on its path to achieving ultimate success of being a low cost technology provider and producer in the Lithium sector," said Robert McAllister, President.

https://finance.yahoo.com/news/enertopia-moves-closer-battery-grade-110000886.html #mining #lithium #technology