Some of the world’s most innovative and forward-thinking car manufacturers are rolling out their latest lines of lithium-ion battery-powered electric vehicles in 2013.
Articles Tagged "General Motors"
At the beginning of next month or as contracts permit, a large lithium producer will be increasing global pricing for all of its lithium bromide products by 15 percent for all standard and non-standard pricing. The inflation is directly related to an "exponential spike" in the cost of key raw materials over the last few months.
For lithium investors the strong focus of technological innovations, including the latest in electric hybrids, pure electric solutions and hydrogen-powered models have already made the event a success as a showcase of both advanced concept models in addition to a more immediate term, and practical product display.
Bloomberg reports that Automakers are testing packs of lithium-ion batteries assembled by Silicon Valley startup Tesla Motors Inc. costing less than bigger, car-only batteries favored by General Motors Co., Nissan Motor Co. and Mitsubishi Motors Corp.
Toshiba Corp (TYO:6502) is targeting more than 10 percent of the rechargeable battery market share in five years, with an ambitious eye for a considerable distribution of the surging but highly competitive sector.
Last Thursday, a binding letter agreement was executed to combine Salares Lithium Inc and Talison Minerals to strategically merge their respective lithium assets and create the world's largest, publicly traded lithium production and exploration company.
Driving strong demand for lithium battery adoption, a resent report has been published that suggests hybrid and electric cars may grab as much as 10 percent of the European automobile market by 2020.