RE:NEWS 04-13-2016Hi everyone, I am now in.
from a private source
"The Giga Factory which is Tesla’s lithium ion battery production center is unprecedented. So EV critics pointed out a couple of years ago that Tesla’s plan to sell 20,000 EV’s in 2020 would require more than 100% of 2013’s lithium ion battery output for cells, the types you use in laptops and power electronics.
This is actually one of the interesting things about the lithium market what with Tesla’s skeptics if you look at global lithium vehicle deliveries they will grow by more than 500,000 units between now and 2020. That growth will exceed everything put into consumer electronics today. So we are actually very positive lithium and positive lithium demand. We’ve recently seen some pricing quotes that lithium is trading at 13,000 in China.