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The Lithium Boom

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Lithium, the lightest and most versatile of the metals,
. . . has the highest electric output per unit weight.

Elon Musk says, demand for stationary storage batteries has skyrocketed,
. . . to the point that an expansion of the gigafactory may have to be considered,
. . . before it is even built for:.
. . . . . . Electrification Transportation,
. . . . . . Solar Panel revolution, and
. . . . . . Battery Gigafactory, are igniting a battle for the cheapest battery,
. . . that will transform lithium.

As Tesla drives down,
. . . . . . lithium-ion battery production costs,
. . . . . . lowers the benchmark, and
. . . . . . increases cost competition,  the response will be,
. . . new entrants to this market, and
. . . competing battery gigafactories.

By the end of the year, China's BYD, should have,
. . . 10 GWh of battery production capacity, which it expects to increase to,
. . . 34 GWh by 2020 with a new factory in Brazil,
. . . about the same capacity as Tesla’s.

08-02-2015 Source:  The Lithium Boom


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