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Tuesday, September 19, 2017 10:49:07 AM
https://www.bloomberg.com/news/articles/2017-06-28/china-is-about-to-bury-elon-musk-in-batteries
Specifically this part:
Yet while China lacks a dominant battery behemoth, it makes up for it with a constellation of smaller players, including Amperex Technology Ltd., Tianjin Lishen Battery Joint-Stock Co. and dozens of others.
Earlier this year, the Chinese government announced plans to consolidate battery manufacturers to help the industry mature. The initiative goes hand in hand with China’s plans to flood highways with five million electric vehicles by 2020.
Has anyone ever heard of the saying "Right place at the right time"?? This is the epitome of it.
However, MANY companies are starting to make batteries in China including GM, Apple, Panasonic just to name a few. CATL is already big time battery maker in China.
BUT, politics plays a big part in China. If there is even a trace of tension with the U.S., any manufacturing by a U.S. battery making company could come to a halt instantly.
DOLV, already having good Chinese connections and being located in China more than likely would evade that obstacle. It's still a little odd how not ONE article states anything about DOLV's battery or any kind of business that may look into an "unknown" EV or battery company in China???
What I'm hoping is this delay is because this is going to be a major event here. Bigger than any of us actually know. Clearly, China wants to limit the companies actually manufacturing batteries to a limited amount and it will truly be survival of the fittest just as it is anywhere. IF DOLV does actually have the kind of distance, speed of charge and has an infrastructure of charging stations, we could be one that lasts as they are NOT messing around with this opportunity. They want to be the best and largest in the world and with the largest source of lithium in the world, they are going to be. No question in my mind there.
I guess it's just a matter of time and when and if our technology is used, it will be colossal.
GM:
https://evobsession.com/gm-will-build-ev-battery-factory-china-year/
LOVE this part:
General Motors said this week it will construct a battery factory in China this year. China wants new cars to be electric as soon as possible.
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