Member Info for jimb2

http://www.autonewschina.com/en/article.asp?id=19090

In the first half, BYD’s accumulative sales edged up 1.6 percent to 228,072. Aggregated first-half sales of EVs and plug-in hybrids soared 95 percent to 145,653 while deliveries of gasoline vehicles shrank 45 percent to 82,419

j Curve / disruption

http://www.autonewschina.com/en/article.asp?id=19090

In the first half, BYD’s accumulative sales edged up 1.6 percent to 228,072. Aggregated first-half sales of EVs and plug-in hybrids soared 95 percent to 145,653 while deliveries of gasoline vehicles shrank 45 percent to 82,419

Can you spot it?

https://www.drivingelectric.com/news/678/electric-car-sales-uk-2019-stars-110-jump

Drop in hybrids,
The message is clear.
https://www.drivingelectric.com/news/678/electric-car-sales-uk-2019-stars-110-jump
Full electric is obviously the way forward.

BBC link to £40m investment in chargers

https://www.bbc.co.uk/news/business-48913028

They appear to mention a drop in hybrids as being negative, I don't suppose the preference for full electric might be the reason?

(Howard Klein, a good listen Barksy1, thanks)

https://thedriven.io/2019/07/01/bmw-unveils-new-electric-vehicles-says-europeans-dont-want-them/

BMW board member and executive Klaus Frölich said at the round-table interview that despite BMW accelerating its plans for 25 new plug-in electric cars to 2023 instead of 2025 – and now also at least one all-electric motorcycle – he doesn’t expect BMW’s all-electric vehicles will attract much interest.

Maybe he hasn't seen the Tesla sales figures, I wonder how he will explain his views at the next job interview?

https://www.theguardian.com/environment/2019/jul/05/biggest-compliment-yet-greta-thunberg-welcomes-oil-chiefs-greatest-threat-label

The secretary general of Opec has said the growing mass mobilisation of world opinion against oil is beginning to dictate corporate investment in the industry and dictating policies

The Secretary of Opec also mentioned in the article pressure was also being felt within the families of Opec officials because their own children were asking us about their future because they see their peers on the streets campaigning against this industry.

FrankieH,

The Secretary of Opec also mentioned in the article pressure was also being felt within the families of Opec officials because their own children were asking us about their future because they see their peers on the streets campaigning against this industry.

Here's one for you FrankieH, enjoy!

https://www.youtube.com/watch?v=KuBxJdBURro

Yes indeed we are in a period of disruption and as has been part of Tony Seba's work on disruption he talks often of the likes of Kodak failing to respond in time to digital.

BMW boss Krueger to step down in 2020

BMW had been an early leader in moving to electric cars, launching a battery-driven vehicle, the i3, in 2013 ahead of competitors Daimler and Volkswagen - but did not follow up with compelling successors. It has focused much of its electric effort on plug-in hybrids, which combine internal combustion and electric power. Meanwhile, California's Tesla took sales leadership in premium-priced electric cars.

Krueger, who became CEO in 2015, was "too cautious," said Ferdinand Dudenhoeffer, director of the CAR Center for Automotive Research at the University of Duisburg-Essen. "BMW was not able to use the head start for a new generation of electric vehicles."

https://auto.economictimes.indiatimes.com/news/passenger-vehicle/cars/bmw-ceo-to-quit-after-carmaker-loses-early-lead-in-electric-cars/70096141

Tony Seba:

I do however have one disagreement with him, he often has said that disruption will be driven by the colour of the dollar being the green driver behind the mass change in transport, so maybe he didn't see Greta Thunberg coming after all it's not something that occurs often in history.

A really worthwhile read (perhaps not for those holding oil stocks)

https://www.theguardian.com/environment/2019/jul/05/biggest-compliment-yet-greta-thunberg-welcomes-oil-chiefs-greatest-threat-label

All good for EV's.

EDF current campaign being run, I noticed it last night:

Dubbed ‘Generation Electric’, the campaign is focused on generating consumer awareness, particularly in relation to EVs. It features consumers utilising a range of EVs, including cars, bikes and skateboards.
https://youtu.be/Y3YVNsavfB4

E.ON Nov 2017
https://youtu.be/ZbmdhHaNLhQ

Interesting it's being acknowledged Greta Thornberg and the climate activists are having an impact:

https://www.theguardian.com/environment/2019/jul/05/biggest-compliment-yet-greta-thunberg-welcomes-oil-chiefs-greatest-threat-label

The secretary general of Opec has said the growing mass mobilisation of world opinion against oil is beginning to dictate corporate investment in the industry and dictating policies

~~~~~~~~~~~~~
I'm sticking with 40% global sales to be EV by 2025, it might seem very ambitious it would seem at the moment.

A couple of videos worth a look at:

EDF current campaign.

EDF Energy plans to disprove common myths surrounding electric vehicles (EVs) and increase consumer awareness through the launch of a new mainstream ad campaign.

Dubbed ‘Generation Electric’, the campaign is focused on generating consumer awareness, particularly in relation to EVs. It features consumers utilising a range of EVs, including cars, bikes and skateboards.
https://youtu.be/Y3YVNsavfB4

E.ON Nov 2017
https://youtu.be/ZbmdhHaNLhQ

It seems we are being reminded daily that disruption is taking place and even the big players get it wrong as is historically proven:

BMW boss Krueger to step down in 2020

BMW had been an early leader in moving to electric cars, launching a battery-driven vehicle, the i3, in 2013 ahead of competitors Daimler and Volkswagen - but did not follow up with compelling successors. It has focused much of its electric effort on plug-in hybrids, which combine internal combustion and electric power. Meanwhile, California's Tesla took sales leadership in premium-priced electric cars.

Krueger, who became CEO in 2015, was "too cautious," said Ferdinand Dudenhoeffer, director of the CAR Center for Automotive Research at the University of Duisburg-Essen. "BMW was not able to use the head start for a new generation of electric vehicles."

https://auto.economictimes.indiatimes.com/news/passenger-vehicle/cars/bmw-ceo-to-quit-after-carmaker-loses-early-lead-in-electric-cars/70096141

https://www.bbc.co.uk/news/business-48875406
Jaguar Land Rover (JLR) will announce later today an investment worth hundreds of millions of pounds in electric vehicle-making.

Better late than never, shame we are seeing so many job losses in the industry.

tomcat-14,

thanks for the figures,

What are your thoughts on why Ganfeng (so far) isn't investing in the Thacker Pass?

Collaborated with Ganfeng Lithium to develop and test process flowsheet. Flowsheet developed and tested with support from Ganfeng Lithium’s technical team and facilities to produce Li2CO3 from lithium-bearing claystone at an average recovery rate of 83% using conventional sulfuric acid leaching.

Catch up later on any response.

tomcat-14,

$420M /17.5ktpa if the capex is increased by 10% as you mentioned and doubled capacity $462$ / 35Ktpa $15.4m/ktpa

I'm sure we will see some adjustments from Ganfeng that will make Sonora even more competitive plus Ganfeng will likely have favourable export terms with the Mexican government!

250-year mine life at circa 30Ktpa

Paradigm shift, it always pays to see things from another perspective.

To put things another way imagine if you were holding Lithium Americas shares in Thacker Pass, now read this don't skip anything:

https://www.globenewswire.com/news-release/2018/06/21/1527699/0/en/Lithium-Americas-Announces-Preliminary-Feasibility-Study-Results-for-the-Thacker-Pass-Project.html

So now how does the Ganfeng Sonora deal look?

Peter Secker
Ganfeng they've done a lot of work on the North American clays:

https://youtu.be/zNRV39qd2nI?t=240

And I believe Ganfeng have taken an interest in Sonora over Thacker Pass, possibly due to China USA relations but equally Sonora may be better overall for quality and costs.

Thacker Pass

Check out the timeline and costings
https://www.lithiumamericas.com/thacker-pass/
Initial capital costs $1,059 million (Phase 1 - $581 million) *30,000t

I can see Sonora stage one being 40,000t and upwards if my reasoning is correct.

Battery certified, production beginning at the end of year plenty of progress and plant in Nevada:

Recently, our Prime Minister Babiš and US President Trump have been discussing, among other things, the largest US $ 2 billion US investment in the US, our new 70-acre battery plant in Nevada. This new factory will be fully powered by solar power and everything will be in off-grid mode.

https://www.he3da.com/single-post/2019/07/03/Prus-HE3DA-Certifikace-na%C5%A1ich-baterii-byla-dokon%C4%8Dena-v-institutu-T%C3%9CV-Rheinand-V%C3%BDrobu-hodl%C3%A1me-spustit-do-V%C3%A1noc

Babis involved with Trump, I hope they still plan to use Czech lithium from Cinovec, worth a read with Google translate.

Battery certified, production beginning at the end of year plenty of progress and plant in Nevada:

Recently, our Prime Minister Babiš and US President Trump have been discussing, among other things, the largest US $ 2 billion US investment in the US, our new 70-acre battery plant in Nevada. This new factory will be fully powered by solar power and everything will be in off-grid mode.

https://www.he3da.com/single-post/2019/07/03/Prus-HE3DA-Certifikace-na%C5%A1ich-baterii-byla-dokon%C4%8Dena-v-institutu-T%C3%9CV-Rheinand-V%C3%BDrobu-hodl%C3%A1me-spustit-do-V%C3%A1noc

Winter break?

yes, somewhere to forget about all this lithium I have a shortlist Argentina, Bolivia, Chile or Mexico but if the SP doesn't tick up Czech Republic, Cornwall or Southern Ireland.

Maybe Ganfeng will give us a nice surprise by then with the economy of scale plans.

and a tweet!

https://twitter.com/CamMcCall/status/1145926536345706497

??