http://www.renewablesinternational.net/
Maybe you missed it, but China is now “The Center of the Lithium Universe”. China is already the world’s largest electric vehicle market, says Kirill Klip, President of International Lithium Corp.
The recent Volkswagen scandal has once again shed light on polluting vehicles and the health hazard they pose to the public and environment. In hopes of ending this tainted legacy governments have began implementing regulations to phase out emission causing vehicles. Respectively, all major automakers have followed suit and pledged to build dozens of electric vehicles in years to come.
BYD, the Chinese company backed by Warren Buffet, is the largest EV manufacturer in the world, thus the Chinese companies are producing the largest amount of lithium chemicals for the batteries required to make them. The market is booming, there are currently 25 companies making 51 models of electric cars in China. Over 500,000 EVs will be sold in China this year alone.