Lithium Americas Corp (LAAC)

[G8trlongonlith]

Yesterday's WSJ:

Toyota Sets Big Target for Hybrids

Excerpts:

* Toyota became the latest auto mfg. "to offer ambitious targets for hybrid and electric vehicles, saying the category would make up half of Toyota's global sales by 2030;

* Toyota's President, Akio Toyoda: "The auto industry is now facing a major change of the kind that comes once in a hundred years;"

* Toyota's hybrid vehicles (combining an electric motor and a gasoline engine) already made up about 14% of sales in 2016. Those vehicles are included in Toyota's target for 2030 as well as plug-in hybrids that can draw electricity from a power outlet, fuel-cell vehicles and fully electric vehicles;

* In 2030, Toyota projects selling about 5.5 million vehicles in those categories together, or half of total projected sales. Of those, 4.5 million would be hybrids and plug-in hybrids, while the remaining one million would be fully electric vehicles and fuel-cell vehicles;

* Other car mfgs. have released targets for the next decade for a rapid ramp up of EV production - Volkswagen AG (investing $40 Billion over the next 5 years to develop electric vehicles, self-driving cars and Uber-like mobility app services); Honda Motor (fully electric and fuel-cell vehicles will account for 2/3s of its global sales by 2030)

THE FUTURE IS BRIGHT FOR LAC AND LAC LONGS!