No "sorrows to drown" here, due partly ...
to continued good Li demand news such as the following excerpts from today's WSJ article titled:
"Fiat Chrysler Bets on Trucks, Tech"
* Fiat Chrysler Automobiles NV on Friday presented a five-year vision for the company that embraces the two biggest trends in the industry - meeting demand for SUVs and trucks and investing in future technologies such as electric-powered and self-driving cars;
* The automaker will invest 9 Billion Euros to develop and deploy electric engines as it expands its lineup of electric-powered vehicles, part of a 45 Billion Euro spending plan over the next five years focused on four core brands: Jeep SUVs, Ram pickups and Alfa Romeo and Maserati luxury cars;
* "This plan will provide the portfolio of products aligned with our brands that will ensure our ability to comply in each region" with stricter emissions and fuel-economy standars, Chief Executive, Sergio Marchionne, told financial analysts and media gathered at a company test track outside Milan;
* To meet increasingly strict emissions rules in Europe, Fiat Chrysler said it would phase out diesel vehicles there by 2021 and end sales of some mass-market Fiat cars, such as the Punto model, that aren't profitable enough to recoup the cost of electrification; and
* "All models will have a range of electric options" by 2022, said Mike Manley, head of the Jeep and Ram truck brands.
And so folks, the beat goes on ... more and more Li being needed and demanded. Who you gonna call? LAC longgggggg!!!
GLTA, G8tr
