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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (131729)	3/8/2017 1:06:43 AM
From: TobagoJack	Read Replies (1) \| Respond to of 217654

... and I do not know any detail re battery technology, but on casual perusal senses that glut of capacity arriving to take on mr musk, even as glut of brains taking on new developments All good per elmat's history does not matter / return to natural size / 30-years of fun ;0) oilprice.com Battery Wars – China Beating Tesla In The Gigafactory RaceBy MINING.com - Feb 22, 2017, 2:00 PM CSTTesla’s Gigafactory 1 has been a center of attention for people interested in the growing momentum behind green energy, electric cars, and battery production. Therefore, it is no surprise that this facility was in the news again last month, with Tesla starting to mass produce batteries as it ramps up to its goal of 35GWh of capacity and beyond. However, as exciting as this project is, it’s actually just one of multiple large-scale “megafactories” being built – with many of them being in China. China leading the charge We talked to Simon Moores, Managing Director at Benchmark Mineral Intelligence, who explained that Tesla isn’t alone or unique in its ambitions to build lithium-ion batteries at scale: While the Tesla Gigafactory is vitally important from an EV vertical integration perspective, the majority of new lithium-ion battery capacity is being built in China. Some of these plants are expected to be huge such as the CATL facility at 50GWh – there is little doubt that China’s lithium-ion industry has come of age. Contemporary Amperex Technology Ltd (CATL) has plans to build the largest lithium-ion megafactory of all – but the company is little known in North America. It’s already worth $11.5 billion, and could be a dominant force globally in the battery sector if it successfully increases its lithium-ion production capacity six-fold to 50GWh by the year 2020. Related: Biggest Gasoline Glut In 27 Years Could Crash Oil Markets Other Chinese manufacturers are on a similar trajectory. Panasonic, LG Chem, and Boston Power are building new megafactory plants in China, while companies such as Samsung and BYD are expanding existing ones. All lithium-ion plants in China currently have a capacity of 16.4GWh – but by 2020, they will combine for a total of 107.5GWh. Capacity by country The No.1 Gold Stock For 2017 Trumps economic policies could send gold prices soaring and this small company is uniquely positioned to be a huge beneficiary of the coming gold boom. Click here to find out more This ramp up in China means that the country will have 62% of the world’s lithium-ion battery production capacity by 2020. There are only three other players in the megafactory game: United States, South Korea, and Poland. Above estimates on battery capacity courtesy of Benchmark Mineral Intelligence. Related: Can Canada’s ‘Gas City' Replicate Qatar’s Success? (Click to enlarge) By Jeff Desjardins via Mining.com More Top Reads From Oilprice.com: Natural Gas Bulls Crushed As Prices Tank Oil & Gas M&A Just Broke All Records India’s Oil Demand Is Set To Break More Records