Monday, 31 May 2010

Lithium: Volvo To Start Serial Production Of Hybrid Buses TNR.v, CZX.v, RM.v, LMR.v, WLC.v, LI.v, CLQ.v, HAO.v, ABN.v, AVL.to, RES.v, QUC.v, AONE, HEV


Now we have another mass market for lithium batteries in development: mass transit has a massive support from Federal and Local governments in Europe and Volvo is a very serious player here.
Electric Cars is the only commercially viable technology today to sustain mobility world wide with rising Oil prices. Lithium is at the heart of Green Mobility revolution - it is an industry adopted standard for batteries and billions of dollars are invested into battery technology and upcoming by the end of this year Electric Cars on a mass market scale. This Bull market is still very young - only a year or so from the beginning after the crash of 2008.We will provide you with few links to study the subject further:"

A fuel-saver for the environment

The Volvo 7700 Hybrid is a parallel hybrid, which means that a diesel engine and an electric motor work together or independently to power the bus. In urban traffic fuel savings are up to 35 percent and in suburban traffic approximately 20 percent.Highly efficient electric motor. The electric motor is used to start the bus and to accelerate it up to about 20 km/h, giving you considerable fuel savings and near-silent take-offs. With full torque from the start the acceleration is excellent, offering quick starts from standstills.

Stand stills without exhaust gases.

At higher speeds, the diesel engine takes over, while also recharging the batteries. Since the electric motor serves both as a motor and a generator you actually recharge when driving and braking. During idling at a red light or bus stop the diesel engine is shut off, resulting in zero emissions.

Reduced emissions

The Volvo 7700 Hybrid bus proves that low emission levels and high capacity can be combined. The Volvo system reduces emissions of CO2 dramatically, but also NOx and particulate emissions by as much as 40–50 percent. With an optional filter particulate matter can be reduced by an additional 80 percent.

Get the most out of your Volvo 7700 Hybrid

Buying a Volvo bus opens the door to a complete offer of services and products for increased productivity; from service contracts, fuel management systems and certified Volvo 7700 Hybrid mechanic on site, to driver training. There is also a wide variety of other services such as refurbishment of an older vehicle, parts online and 24/7 help with Volvo Action Service. Some of the services are offered with a fixed price per kilometre, depending on local market conditions and driving distance, while other services are one-time costs."


The Volvo 7700 Hybrid has active temperature controlled lithium ion battery cells, with individual cell charge control. This results in reliable and efficient energy storage. Volvo Buses’ lithium ion battery is known for its high energy storage capacity, low weight and low environmental impact. It is optimised so that the hybrid can run everywhere, regardless of climate. There is no scarcity of lithium and it can be exploited with low environmental impact.

Electric motor/generatorI-SAM (Integrated Starter Alternator Motor) is a permanent magnet motor running on alternating current. It also functions as a generator. Energy converter DC/DCThe energy converter provides conversion from 600V/24V 7.5 kW.

Transmission
The close ratio Volvo I-Shift automatic gear-changing transmission has software that interacts with the hybrid system and is optimised for city and commuter traffic.Powertrain Management Unit (PMU)The brain of the system is an electronic control module that regulates engagement and disengagement of electric and diesel power, as well as gear-changing modes and battery recharging.

Diesel engine

Fuel efficient 4-cylinder, 5-litre Volvo D5E diesel engine, producing 210 hp. Installed vertically in the left rear corner, just as in the rest of the Volvo 7700 range.




Volvo To Start Serial Production Of Hybrid Buses
Published:31-May-2010
By Staff Reporter
Volvo Buses said that it will now start serial production of its hybrid bus Volvo 7700 Hybrid and double-decker Volvo B5L Hybrid. These hybrid buses are expected to reduce fuel consumption by up to 35% and carbon emissions by an equal amount.
According to Volvo, the 12-meter Volvo 7700 Hybrid bus is now being built in its plant in Wroclaw, Poland and chassis for double-decker Volvo B5L Hybrid will be built in Boras, Sweden. The coaches for double-deckers will be built by Wrightbus in Northern Ireland.
Volvo’s hybrid buses feature a small diesel engine and an electric engine that can operate it independently or jointly. When the brakes are applied the brake energy is utilized and stored in a battery, which then drives the electric engine when bus accelerates again.
In addition, the engine switches off automatically at bus stops and then restarts only with the help of electric engine. The diesel engine does not start until the bus reaches 15-20 km/hour.
Hakan Karlsson, president of Volvo Buses, said: “This is a major step for the Volvo Group and for the bus industry. There is now a hybrid bus in the market, which will significantly reduce fuel consumption, strongly reduce emissions and is also commercially viable.”

Lithium: Volvo To Start Serial Production Of Hybrid Buses TNR.v, CZX.v, RM.v, LMR.v, WLC.v, LI.v, CLQ.v, HAO.v, ABN.v, AVL.to, RES.v, QUC.v, AONE, HEV


Now we have another mass market for lithium batteries in development: mass transit has a massive support from Federal and Local governments in Europe and Volvo is a very serious player here.
Electric Cars is the only commercially viable technology today to sustain mobility world wide with rising Oil prices. Lithium is at the heart of Green Mobility revolution - it is an industry adopted standard for batteries and billions of dollars are invested into battery technology and upcoming by the end of this year Electric Cars on a mass market scale. This Bull market is still very young - only a year or so from the beginning after the crash of 2008.We will provide you with few links to study the subject further:"

A fuel-saver for the environment

The Volvo 7700 Hybrid is a parallel hybrid, which means that a diesel engine and an electric motor work together or independently to power the bus. In urban traffic fuel savings are up to 35 percent and in suburban traffic approximately 20 percent.Highly efficient electric motor. The electric motor is used to start the bus and to accelerate it up to about 20 km/h, giving you considerable fuel savings and near-silent take-offs. With full torque from the start the acceleration is excellent, offering quick starts from standstills.

Stand stills without exhaust gases.

At higher speeds, the diesel engine takes over, while also recharging the batteries. Since the electric motor serves both as a motor and a generator you actually recharge when driving and braking. During idling at a red light or bus stop the diesel engine is shut off, resulting in zero emissions.

Reduced emissions

The Volvo 7700 Hybrid bus proves that low emission levels and high capacity can be combined. The Volvo system reduces emissions of CO2 dramatically, but also NOx and particulate emissions by as much as 40–50 percent. With an optional filter particulate matter can be reduced by an additional 80 percent.

Get the most out of your Volvo 7700 Hybrid

Buying a Volvo bus opens the door to a complete offer of services and products for increased productivity; from service contracts, fuel management systems and certified Volvo 7700 Hybrid mechanic on site, to driver training. There is also a wide variety of other services such as refurbishment of an older vehicle, parts online and 24/7 help with Volvo Action Service. Some of the services are offered with a fixed price per kilometre, depending on local market conditions and driving distance, while other services are one-time costs."


The Volvo 7700 Hybrid has active temperature controlled lithium ion battery cells, with individual cell charge control. This results in reliable and efficient energy storage. Volvo Buses’ lithium ion battery is known for its high energy storage capacity, low weight and low environmental impact. It is optimised so that the hybrid can run everywhere, regardless of climate. There is no scarcity of lithium and it can be exploited with low environmental impact.

Electric motor/generatorI-SAM (Integrated Starter Alternator Motor) is a permanent magnet motor running on alternating current. It also functions as a generator. Energy converter DC/DCThe energy converter provides conversion from 600V/24V 7.5 kW.

Transmission
The close ratio Volvo I-Shift automatic gear-changing transmission has software that interacts with the hybrid system and is optimised for city and commuter traffic.Powertrain Management Unit (PMU)The brain of the system is an electronic control module that regulates engagement and disengagement of electric and diesel power, as well as gear-changing modes and battery recharging.

Diesel engine

Fuel efficient 4-cylinder, 5-litre Volvo D5E diesel engine, producing 210 hp. Installed vertically in the left rear corner, just as in the rest of the Volvo 7700 range.




Volvo To Start Serial Production Of Hybrid Buses
Published:31-May-2010
By Staff Reporter
Volvo Buses said that it will now start serial production of its hybrid bus Volvo 7700 Hybrid and double-decker Volvo B5L Hybrid. These hybrid buses are expected to reduce fuel consumption by up to 35% and carbon emissions by an equal amount.
According to Volvo, the 12-meter Volvo 7700 Hybrid bus is now being built in its plant in Wroclaw, Poland and chassis for double-decker Volvo B5L Hybrid will be built in Boras, Sweden. The coaches for double-deckers will be built by Wrightbus in Northern Ireland.
Volvo’s hybrid buses feature a small diesel engine and an electric engine that can operate it independently or jointly. When the brakes are applied the brake energy is utilized and stored in a battery, which then drives the electric engine when bus accelerates again.
In addition, the engine switches off automatically at bus stops and then restarts only with the help of electric engine. The diesel engine does not start until the bus reaches 15-20 km/hour.
Hakan Karlsson, president of Volvo Buses, said: “This is a major step for the Volvo Group and for the bus industry. There is now a hybrid bus in the market, which will significantly reduce fuel consumption, strongly reduce emissions and is also commercially viable.”

US Dollar Collapse: Canadian Currency Appreciates as GDP Rises Most in a Decade TNR.v, CZX.v, GRC.to, ASM.v, NGQ.to, CGS.v, CGP.v, MGN, GDX, SLV, F


For all those looking for Inflation signs we will advise to cross the boarder to the North of Green Buck Fantasy Land. China is tightening monetary policy with Brazil, Norway, Australia and now Canada will follow. Notice the similarity: they are all connected to the places where the Growth is and Commodities are coming from. Real decoupling is well under way and all recent bail out will end in Inflation.



"We will leave the situation on how technically stock like P&G could drop 50% in fifteen minutes to be investigated by the mass media, but will confirm here one more time: it was second Deflationary Test with sudden drop in liquidity this time driven by sovereign debt crisis. Call it Run On The Bank among Big Guys. Fifteen minutes made no mistake about the state of the market and economy in deflationary environment - we have seen the future and it is ugly. Deflation spiral means death of financial market by thousand cuts - financial system is insolvent and the only way to run it is to keep liquidity high enough that nobody is testing it to deliver. QE will provide flood of money, debt will be rolled over and by destroying the value of FIAT currencies Debt will be Inflated out in the end. This time it is different - it is not only our theory, but confirmed market action. This time the most important here is that Gold was at almost all time high at the moment of test, Gold was moving up against all currencies and this time in a sharp contrast to the events of 2008 it was sharply up and over 1200 on the day of Market Crash. This new round of QE (when Europe has not even started!) will be going already from this very high base in Gold value and rising Inflation in Commodity and Growth driven economies. We will not go into the debt issue today in details and will only point out that it is a notch under 13 Trillion and in dangerously close proximity to 100% of GDP of U.S.
After pictures from Greece we do not think that anybody will go there in U.S. Corp. Deflation will be prevented by any means, it is easy and price to pay is not so obvious. Newly printed US Dollars are "free", but price to drop them is not: you need Oil to keep you helicopters flying and here will be our first conundrum: At what point price of Oil becomes prohibitive to use Helicopters by Ben Bernanke in his open market operations?"



Canadian Currency Appreciates as GDP Rises Most in a DecadeMay 31, 2010, 11:18 AM EDT


By Chris Fournier
May 31 (Bloomberg) -- Canada’s dollar rose after a report showed the economy expanded at the fastest pace in a decade in the first quarter, increasing pressure on the country’s central bank to raise interest rates tomorrow.
“Very good GDP, strong numbers,” said John Curran, a Toronto-based senior vice president at CanadianForex Ltd., an online foreign-exchange dealer. “It certainly looks by all calculations like the bank should be raising rates tomorrow. Dealer sentiment has swung strongly in favor of a rate hike.”
The Canadian currency advanced as much as 1.3 percent to C$1.0414 per U.S. dollar, the strongest level since May 20, before trading at C$1.0478 at 11:07 a.m. in Toronto, compared with C$1.0546 on May 28. One Canadian dollar buys 95.45 U.S. cents.
Twenty-five of 27 economists in a Bloomberg survey say Carney will tomorrow increase the record low target lending rate by a quarter-percentage point to 0.5 percent, the first Group of Seven central banker to do so since last year’s global recession.
Crude for July delivery gained as much as 71 cents, or 1 percent, to $74.68 a barrel in electronic trading on the New York Mercantile Exchange. Crude is Canada’s largest export. The loonie tends to follow movements in crude oil and stocks.
Canada’s dollar has depreciated 2.1 percent this month versus the greenback along with other higher-yielding currencies and the euro amid concern the sovereign-debt crisis in Europe may hamper the global economic recovery.
The yield on Canada’s 10-year bond dropped as much as 40 basis points last month, from 3.65 percent on April 30 to 3.25 percent on May 25. It traded today at 3.32 percent.
--With assistance from Greg Quinn in Ottawa. Editors: James Holloway
To contact the reporter on this story: Chris Fournier in Montreal at cfournier3@bloomberg.net
To contact the editor responsible for this story: Dave Liedtka at dliedtka@bloomberg.net"

US Dollar Collapse: Canadian Currency Appreciates as GDP Rises Most in a Decade TNR.v, CZX.v, GRC.to, ASM.v, NGQ.to, CGS.v, CGP.v, MGN, GDX, SLV, F


For all those looking for Inflation signs we will advise to cross the boarder to the North of Green Buck Fantasy Land. China is tightening monetary policy with Brazil, Norway, Australia and now Canada will follow. Notice the similarity: they are all connected to the places where the Growth is and Commodities are coming from. Real decoupling is well under way and all recent bail out will end in Inflation.



"We will leave the situation on how technically stock like P&G could drop 50% in fifteen minutes to be investigated by the mass media, but will confirm here one more time: it was second Deflationary Test with sudden drop in liquidity this time driven by sovereign debt crisis. Call it Run On The Bank among Big Guys. Fifteen minutes made no mistake about the state of the market and economy in deflationary environment - we have seen the future and it is ugly. Deflation spiral means death of financial market by thousand cuts - financial system is insolvent and the only way to run it is to keep liquidity high enough that nobody is testing it to deliver. QE will provide flood of money, debt will be rolled over and by destroying the value of FIAT currencies Debt will be Inflated out in the end. This time it is different - it is not only our theory, but confirmed market action. This time the most important here is that Gold was at almost all time high at the moment of test, Gold was moving up against all currencies and this time in a sharp contrast to the events of 2008 it was sharply up and over 1200 on the day of Market Crash. This new round of QE (when Europe has not even started!) will be going already from this very high base in Gold value and rising Inflation in Commodity and Growth driven economies. We will not go into the debt issue today in details and will only point out that it is a notch under 13 Trillion and in dangerously close proximity to 100% of GDP of U.S.
After pictures from Greece we do not think that anybody will go there in U.S. Corp. Deflation will be prevented by any means, it is easy and price to pay is not so obvious. Newly printed US Dollars are "free", but price to drop them is not: you need Oil to keep you helicopters flying and here will be our first conundrum: At what point price of Oil becomes prohibitive to use Helicopters by Ben Bernanke in his open market operations?"



Canadian Currency Appreciates as GDP Rises Most in a DecadeMay 31, 2010, 11:18 AM EDT


By Chris Fournier
May 31 (Bloomberg) -- Canada’s dollar rose after a report showed the economy expanded at the fastest pace in a decade in the first quarter, increasing pressure on the country’s central bank to raise interest rates tomorrow.
“Very good GDP, strong numbers,” said John Curran, a Toronto-based senior vice president at CanadianForex Ltd., an online foreign-exchange dealer. “It certainly looks by all calculations like the bank should be raising rates tomorrow. Dealer sentiment has swung strongly in favor of a rate hike.”
The Canadian currency advanced as much as 1.3 percent to C$1.0414 per U.S. dollar, the strongest level since May 20, before trading at C$1.0478 at 11:07 a.m. in Toronto, compared with C$1.0546 on May 28. One Canadian dollar buys 95.45 U.S. cents.
Twenty-five of 27 economists in a Bloomberg survey say Carney will tomorrow increase the record low target lending rate by a quarter-percentage point to 0.5 percent, the first Group of Seven central banker to do so since last year’s global recession.
Crude for July delivery gained as much as 71 cents, or 1 percent, to $74.68 a barrel in electronic trading on the New York Mercantile Exchange. Crude is Canada’s largest export. The loonie tends to follow movements in crude oil and stocks.
Canada’s dollar has depreciated 2.1 percent this month versus the greenback along with other higher-yielding currencies and the euro amid concern the sovereign-debt crisis in Europe may hamper the global economic recovery.
The yield on Canada’s 10-year bond dropped as much as 40 basis points last month, from 3.65 percent on April 30 to 3.25 percent on May 25. It traded today at 3.32 percent.
--With assistance from Greg Quinn in Ottawa. Editors: James Holloway
To contact the reporter on this story: Chris Fournier in Montreal at cfournier3@bloomberg.net
To contact the editor responsible for this story: Dave Liedtka at dliedtka@bloomberg.net"

Friday, 28 May 2010

China, Oil and Lithium: Beijing to mass produce electric cars TNR.v, CZX.v, RM.v, LMR.v, LI.v, WLC.v, F, BYDDY, NSANY, DAI, RNO, GM, HEV, AONE, LUN.to


After groundbreaking Toyota move with Tesla, Daimler is pushing its way into Electric Cars mass market and in Asian market with BYD. Companies have announced a few cooperation ideas before and now it is the time is for the bold action and they are establishing a J/V. Auto Majors are buying time in Electric Car market battle field. Nissan is a clear leader on the pricing side for EV now and GM Volt will be first to market with Range Extender model alongside with BYD. Toyota has lost its time on Soft Hybrid side and Daimler was very cautious with its engagement in Electric Cars as well. Daimler has made an impressive Electric show at Frankfurt Motor Show last year, but real things were among Hybrids and Smart Electric to test the grounds with small town car. This concept model above was still at the prototype level at that time. Now BYD will get premium auto brand, safety and mass production technology and Daimler will get access to batteries, low cost production base and the market.




"Competition for Oil is heating up and aggressive move by China into Electric Cars leaves no other options for US than to follow. In order to keep power China needs gradually improve standard of living, it will bring upside pressure on labor cost. Electrification will not only provide Energy Security to China, but will significantly reduce the cost of its transportation element and provide another opportunity to stay among low cost producers. Situation is completely different to U.S. - they have capital to invest in Electric Mobility CAPEX now and rip the rewards of lower cash cost on transportation side later. We will refer you to the Economics of Electric Cars.
Recent Ash Cloud events in Europe brought a very sobering sense of the feeling to be grounded. It is amazing how many things are taking for granted. This time it is Ash Cloud - what will happen with oil above 150?
Electric Cars is the only commercially viable technology today to sustain mobility world wide with rising Oil prices. Lithium is at the heart of Green Mobility revolution - it is an industry adopted standard for batteries and billions of dollars are invested into battery technology and upcoming by the end of this year Electric Cars on a mass market scale. This Bull market is still very young - only a year or so from the beginning after the crash of 2008."


The Malay Mail:






Submitted by amir azree on Friday, May 28th, 2010
Friday, May 28th, 2010 11:04:00

ENVIRONMENT FRIENDLY: The BYD Auto on show at the company's factory in Shenzhen


FRANKFURT: Chinese auto group BYD (Build Your Dreams) and German luxury car maker Daimler announced yesterday a joint venture to mass produce an electric car in China. A new research and development group to be called Shenzhen BYD Daimler New Technology Company will get an initial investment of around US$87 million (RM286m), a Daimler statement said. "We are well-placed with our new joint venture to make the most of China's enormous potential in electromobility," Daimler chairman Dieter Zetsche said. Daimler is to bring "knowhow in vehicle architecture and security" to the venture , while BYD will contribute "its competence in batteries and propulsion systems for electric vehicles," the statement added. The world's oldest automaker and one of the youngest aim to market the vehicle under a new jointly-owned brand, joining forces to target China's fast expanding urban market. Around 16 million autos are currently sold across the country each year. Launched just seven years ago, BYD Auto now claims to be the sixth biggest car maker in China and its future plans are focused on electric or hybrid vehicles, building on the experience of its battery-making parent group. The Chinese firm, in which US billionaire Warren Buffett holds a stake of 10 per cent, has already begun to sell its electric E6 model as a taxi in the southern city of Shenzhen and aims to distribute the car in Europe next year."

China, Oil and Lithium: Beijing to mass produce electric cars TNR.v, CZX.v, RM.v, LMR.v, LI.v, WLC.v, F, BYDDY, NSANY, DAI, RNO, GM, HEV, AONE, LUN.to


After groundbreaking Toyota move with Tesla, Daimler is pushing its way into Electric Cars mass market and in Asian market with BYD. Companies have announced a few cooperation ideas before and now it is the time is for the bold action and they are establishing a J/V. Auto Majors are buying time in Electric Car market battle field. Nissan is a clear leader on the pricing side for EV now and GM Volt will be first to market with Range Extender model alongside with BYD. Toyota has lost its time on Soft Hybrid side and Daimler was very cautious with its engagement in Electric Cars as well. Daimler has made an impressive Electric show at Frankfurt Motor Show last year, but real things were among Hybrids and Smart Electric to test the grounds with small town car. This concept model above was still at the prototype level at that time. Now BYD will get premium auto brand, safety and mass production technology and Daimler will get access to batteries, low cost production base and the market.




"Competition for Oil is heating up and aggressive move by China into Electric Cars leaves no other options for US than to follow. In order to keep power China needs gradually improve standard of living, it will bring upside pressure on labor cost. Electrification will not only provide Energy Security to China, but will significantly reduce the cost of its transportation element and provide another opportunity to stay among low cost producers. Situation is completely different to U.S. - they have capital to invest in Electric Mobility CAPEX now and rip the rewards of lower cash cost on transportation side later. We will refer you to the Economics of Electric Cars.
Recent Ash Cloud events in Europe brought a very sobering sense of the feeling to be grounded. It is amazing how many things are taking for granted. This time it is Ash Cloud - what will happen with oil above 150?
Electric Cars is the only commercially viable technology today to sustain mobility world wide with rising Oil prices. Lithium is at the heart of Green Mobility revolution - it is an industry adopted standard for batteries and billions of dollars are invested into battery technology and upcoming by the end of this year Electric Cars on a mass market scale. This Bull market is still very young - only a year or so from the beginning after the crash of 2008."


The Malay Mail:






Submitted by amir azree on Friday, May 28th, 2010
Friday, May 28th, 2010 11:04:00

ENVIRONMENT FRIENDLY: The BYD Auto on show at the company's factory in Shenzhen


FRANKFURT: Chinese auto group BYD (Build Your Dreams) and German luxury car maker Daimler announced yesterday a joint venture to mass produce an electric car in China. A new research and development group to be called Shenzhen BYD Daimler New Technology Company will get an initial investment of around US$87 million (RM286m), a Daimler statement said. "We are well-placed with our new joint venture to make the most of China's enormous potential in electromobility," Daimler chairman Dieter Zetsche said. Daimler is to bring "knowhow in vehicle architecture and security" to the venture , while BYD will contribute "its competence in batteries and propulsion systems for electric vehicles," the statement added. The world's oldest automaker and one of the youngest aim to market the vehicle under a new jointly-owned brand, joining forces to target China's fast expanding urban market. Around 16 million autos are currently sold across the country each year. Launched just seven years ago, BYD Auto now claims to be the sixth biggest car maker in China and its future plans are focused on electric or hybrid vehicles, building on the experience of its battery-making parent group. The Chinese firm, in which US billionaire Warren Buffett holds a stake of 10 per cent, has already begun to sell its electric E6 model as a taxi in the southern city of Shenzhen and aims to distribute the car in Europe next year."

EVs mass market: $10k Electric car tax break proposed TNR.v, CZX.v, RM.v, LMR.v, WLC.v, LI.v, CLQ.v, SQM, FMC, ROC, NSANY, BYDDY, F, GM,


"The main open question is: will Electric Cars' adoption rate be correlated with Washing Machines' one or will it enjoy more explosive growth like Mobiles with rate of acceleration like iPods on the chart below? First, we will strike brutally and cynically (the way the Wall Street works): how can you compare washing machines and Cars? Even Electric ones? Cars are all about men, their personal social security space with a statement. How many of us discussed washing machines even the best ones? Brutal history about washing machines is that it was for the "best part" - to make her life better, it was not about status and not about statement - so it took 80 years to get to the 80% adoption rate. On a more serious note time has changed: it will not be about him all the time this time and it is not about U.S. only this time, but first back to iPod Moment."


We have another reason to believe that growth in Electric Cars penetration rate could be explosive: in all estimates government policy is crucial combined with lithium battery cost for mass adoption of EVs within next ten years.


DetNews.com:




Chevy Volt, Nissan Leaf buyers in select cities would get $10K incentive under Senate plan
David Shepardson / The Detroit News
Washington -- Buyers of the Chevrolet Volt and Nissan Leaf would be eligible for a $10,000 federal tax credit in some cities under a $10 billion Senate plan to boost electric vehicles.
House and Senate members on Thursday released similar plans intended to make electric vehicles more than niche models.
The House version would spend $6.6 billion, dedicating $800 million to five "deployment communities" to speed 700,000 plug-in vehicles into use and establish recharging networks. A Senate version would spend about $10 billion and grant $250 million to up to 15 communities.


The Senate version would extend the current $7,500 tax credit for 200,000 plug-in vehicles per manufacturer to 300,000. And it would boost the credit to $10,000 in those 15 communities.
That would further reduce the cost of the Volt, which will get up to 40 miles on a charge, and the fully electric Nissan Leaf, which will get up to 100 miles.
General Motors spokesman Greg Martin praised the bills.
"We appreciate Congress' foresight and interest in electric vehicles," he said. "With the Chevrolet Volt just months away from the showroom, we believe the timing is right to start working on policies that can accelerate early consumer adoption of advanced electric vehicle technologies."
Electric vehicles enjoy widespread support across the political spectrum.
"Republicans and Democrats agree that electrifying our cars and trucks is the single best way to reduce our dependence on oil," said Sen. Lamar Alexander, R-Tenn., one of the sponsors.
Both bills would set aside billions more for research into batteries, research and tax credits.
The Senate bill also would create a $10 million prize for the first manufacturer of a battery that can get 500 miles on a charge.
Congressional aides have spent several months writing the bills. Members cited the recent Gulf oil spill as a factor in the urgent need to shift vehicles from oil to electric power.
Rep. Ed Markey, D-Mass., noted that the United States has 2 percent of the world's oil reserves but consumes 25 percent of the world's oil.
"This isn't a question of if, but when," Markey said, adding the bill would speed up the widespread use of electric vehicles. "It will drive the creation of jobs, domestic manufacturing and homegrown innovation."
The Senate bill would require that one of the 15 deployment communities be a rural area of fewer than 125,000 people and would "reflect diverse populations" and geography.
The Senate bill sets aside another $2 billion for grants and cost sharing -- local communities would have to provide 20 percent of the funding.
Communities and their business and utility partners would have to apply for inclusion.


EVs mass market: $10k Electric car tax break proposed TNR.v, CZX.v, RM.v, LMR.v, WLC.v, LI.v, CLQ.v, SQM, FMC, ROC, NSANY, BYDDY, F, GM,


"The main open question is: will Electric Cars' adoption rate be correlated with Washing Machines' one or will it enjoy more explosive growth like Mobiles with rate of acceleration like iPods on the chart below? First, we will strike brutally and cynically (the way the Wall Street works): how can you compare washing machines and Cars? Even Electric ones? Cars are all about men, their personal social security space with a statement. How many of us discussed washing machines even the best ones? Brutal history about washing machines is that it was for the "best part" - to make her life better, it was not about status and not about statement - so it took 80 years to get to the 80% adoption rate. On a more serious note time has changed: it will not be about him all the time this time and it is not about U.S. only this time, but first back to iPod Moment."


We have another reason to believe that growth in Electric Cars penetration rate could be explosive: in all estimates government policy is crucial combined with lithium battery cost for mass adoption of EVs within next ten years.


DetNews.com:




Chevy Volt, Nissan Leaf buyers in select cities would get $10K incentive under Senate plan
David Shepardson / The Detroit News
Washington -- Buyers of the Chevrolet Volt and Nissan Leaf would be eligible for a $10,000 federal tax credit in some cities under a $10 billion Senate plan to boost electric vehicles.
House and Senate members on Thursday released similar plans intended to make electric vehicles more than niche models.
The House version would spend $6.6 billion, dedicating $800 million to five "deployment communities" to speed 700,000 plug-in vehicles into use and establish recharging networks. A Senate version would spend about $10 billion and grant $250 million to up to 15 communities.


The Senate version would extend the current $7,500 tax credit for 200,000 plug-in vehicles per manufacturer to 300,000. And it would boost the credit to $10,000 in those 15 communities.
That would further reduce the cost of the Volt, which will get up to 40 miles on a charge, and the fully electric Nissan Leaf, which will get up to 100 miles.
General Motors spokesman Greg Martin praised the bills.
"We appreciate Congress' foresight and interest in electric vehicles," he said. "With the Chevrolet Volt just months away from the showroom, we believe the timing is right to start working on policies that can accelerate early consumer adoption of advanced electric vehicle technologies."
Electric vehicles enjoy widespread support across the political spectrum.
"Republicans and Democrats agree that electrifying our cars and trucks is the single best way to reduce our dependence on oil," said Sen. Lamar Alexander, R-Tenn., one of the sponsors.
Both bills would set aside billions more for research into batteries, research and tax credits.
The Senate bill also would create a $10 million prize for the first manufacturer of a battery that can get 500 miles on a charge.
Congressional aides have spent several months writing the bills. Members cited the recent Gulf oil spill as a factor in the urgent need to shift vehicles from oil to electric power.
Rep. Ed Markey, D-Mass., noted that the United States has 2 percent of the world's oil reserves but consumes 25 percent of the world's oil.
"This isn't a question of if, but when," Markey said, adding the bill would speed up the widespread use of electric vehicles. "It will drive the creation of jobs, domestic manufacturing and homegrown innovation."
The Senate bill would require that one of the 15 deployment communities be a rural area of fewer than 125,000 people and would "reflect diverse populations" and geography.
The Senate bill sets aside another $2 billion for grants and cost sharing -- local communities would have to provide 20 percent of the funding.
Communities and their business and utility partners would have to apply for inclusion.


Thursday, 27 May 2010

US Dollar Collapse: Reversal in Confirmation TNR.v, CZX.v, GRC.to, NGQ.v, GBN.v, ASM.v, EPZ.v, KTN.v, FVI.to, MGN, VTR.v, GDX, SLV, HUI, XAU, BTT.v,

"We will speculate on the real events behind the scene on a day of Cyber Meltdown: spectacular Dow Crash by the magnitude of 1000 point in fifteen minutes. We will develop a very strong argument in favour of Inflation and its cost based on PhD Thesis: At what point price of Oil becomes prohibitive to use Helicopters by Ben Bernanke in his open market operations. We will draw some lines on How Lithium, Gold and price of Oil are connected and what it means to be grounded. In the end we will leave you with the question: Where to invest - In Ben Bernanke, Ink Factory, Helicopters, Oil or Gold and Lithium?
Our memories from 2008 meltdown and the
last deflation strike in March of last year are still too vivid for us to stay rational amid recent market panic of this week. Was it the fat finger, Cyber Meltdown or revenge of the Government Sachs, which was striped of its Olympus glamour is not so important - the most important message is the reaction of the Market itself and actions of the people in charge to follow."



We have further confirmation of US Dollar Bearish reversal with double Top in the making now. We need to clear 85.17 on the down move to make it decisive. China's confirmation of confidence in Euro was the last shoe to drop for Green Fellow levitation: as you can see below it was a very expensive exercise. Markets were again in a free fall and they better stop now at the key technical levels. Second Deflation Scare episode is almost over and price will be paid by further debasement of all currencies against the Gold, Silver and Oil amongst other commodities.



Dow is in Bullish Reversal now at the key technical level confirming the third test of the lower band of recent trend. We have a very bullish candle two days ago and yesterday the level was retested by late day selling. Today's action provides another confirmation for Deflation Scare to be subsiding and Euro panic is slowing down with news from China, declining review of SAFE Euro holdings. Fear index below is confirming its Reversal and appetite for Risk assets will be coming back with further improvement in indicators fooled by flood of liquidity provided. Euro bail out with almost 1 Trillion in USD terms and QE on the run have shadowed domestic bills for another 30 billion in Job support program and further requests for capital from bottomless Freddy and Fannie.




Risk appetite is coming back and this Summer can be really Hot in some sectors, we think that Oil starting from 70 USD now after this Second Deflation Scare on sovereign default will provide necessarily catalyst for the move above 90 USD. Our Lithium play will be enjoying next bull leg up with oil passing north of 80 USD.
"Recent Oil Spill shows the real price for Oil and leaves no doubt for us that there will be no more cheap oil: offshore drilling is costly now, it will be even more costly later. Relatively cheap Oil is in the hands of state owned companies in not so friendly to U.S. places. Oil squeeze will come from diminishing production rates and rising Inflation. The move will be even more explosive than in the Gold market - in the end only minority of people is effected by the gold price even now, Oil is the underlining of all Western Energy Diet. It is not sustainable. Emerging markets are taking more and more share of world wide production, oil producing countries are spending more at home. If you account all cost to produce, deliver and protect Oil supply to U.S. corp the price is already above 150 USD/barrel.
"
Peak Oil and Lithium: Joint Operating Environment 2010
Please pay attention,
this report is written by those who knows the Real Price of Oil. If you account all military needed to protect Oil supply lines and cost of wars to get more oil, price will be well above 150 USD/barrel already. Now we all have another problem: there is simply no more oil enough for all. Will future wars for oil be the only answer?"
Another "liberation" operation like Iraq, this time against Iran will break the camel's back with no return point. Competition for Oil is heating up and aggressive move by China into Electric Cars leaves no other options for US than to follow. In order to keep power China needs gradually improve standard of living, it will bring upside pressure on labor cost. Electrification will not only provide Energy Security to China, but will significantly reduce the cost of its transportation element and provide another opportunity to stay among low cost producers. Situation is completely different to U.S. - they have capital to invest in Electric Mobility CAPEX now and rip the rewards of lower cash cost on transportation side later. We will refer you to the
Economics of Electric Cars.
Recent Ash Cloud events in Europe brought a very sobering sense of the feeling to be grounded. It is amazing how many things are taking for granted. This time it is Ash Cloud - what will happen with oil above 150?
Electric Cars is the only commercially viable technology today to sustain mobility world wide with rising Oil prices. Lithium is at the heart of Green Mobility revolution - it is an industry adopted standard for batteries and billions of dollars are invested into battery technology and upcoming by the end of this year Electric Cars on a mass market scale. This Bull market is still very young - only a year or so from the beginning after the crash of 2008.
We will provide you with few links to study the subject further:"

US Dollar Collapse: Reversal in Confirmation TNR.v, CZX.v, GRC.to, NGQ.v, GBN.v, ASM.v, EPZ.v, KTN.v, FVI.to, MGN, VTR.v, GDX, SLV, HUI, XAU, BTT.v,

"We will speculate on the real events behind the scene on a day of Cyber Meltdown: spectacular Dow Crash by the magnitude of 1000 point in fifteen minutes. We will develop a very strong argument in favour of Inflation and its cost based on PhD Thesis: At what point price of Oil becomes prohibitive to use Helicopters by Ben Bernanke in his open market operations. We will draw some lines on How Lithium, Gold and price of Oil are connected and what it means to be grounded. In the end we will leave you with the question: Where to invest - In Ben Bernanke, Ink Factory, Helicopters, Oil or Gold and Lithium?
Our memories from 2008 meltdown and the
last deflation strike in March of last year are still too vivid for us to stay rational amid recent market panic of this week. Was it the fat finger, Cyber Meltdown or revenge of the Government Sachs, which was striped of its Olympus glamour is not so important - the most important message is the reaction of the Market itself and actions of the people in charge to follow."



We have further confirmation of US Dollar Bearish reversal with double Top in the making now. We need to clear 85.17 on the down move to make it decisive. China's confirmation of confidence in Euro was the last shoe to drop for Green Fellow levitation: as you can see below it was a very expensive exercise. Markets were again in a free fall and they better stop now at the key technical levels. Second Deflation Scare episode is almost over and price will be paid by further debasement of all currencies against the Gold, Silver and Oil amongst other commodities.



Dow is in Bullish Reversal now at the key technical level confirming the third test of the lower band of recent trend. We have a very bullish candle two days ago and yesterday the level was retested by late day selling. Today's action provides another confirmation for Deflation Scare to be subsiding and Euro panic is slowing down with news from China, declining review of SAFE Euro holdings. Fear index below is confirming its Reversal and appetite for Risk assets will be coming back with further improvement in indicators fooled by flood of liquidity provided. Euro bail out with almost 1 Trillion in USD terms and QE on the run have shadowed domestic bills for another 30 billion in Job support program and further requests for capital from bottomless Freddy and Fannie.




Risk appetite is coming back and this Summer can be really Hot in some sectors, we think that Oil starting from 70 USD now after this Second Deflation Scare on sovereign default will provide necessarily catalyst for the move above 90 USD. Our Lithium play will be enjoying next bull leg up with oil passing north of 80 USD.
"Recent Oil Spill shows the real price for Oil and leaves no doubt for us that there will be no more cheap oil: offshore drilling is costly now, it will be even more costly later. Relatively cheap Oil is in the hands of state owned companies in not so friendly to U.S. places. Oil squeeze will come from diminishing production rates and rising Inflation. The move will be even more explosive than in the Gold market - in the end only minority of people is effected by the gold price even now, Oil is the underlining of all Western Energy Diet. It is not sustainable. Emerging markets are taking more and more share of world wide production, oil producing countries are spending more at home. If you account all cost to produce, deliver and protect Oil supply to U.S. corp the price is already above 150 USD/barrel.
"
Peak Oil and Lithium: Joint Operating Environment 2010
Please pay attention,
this report is written by those who knows the Real Price of Oil. If you account all military needed to protect Oil supply lines and cost of wars to get more oil, price will be well above 150 USD/barrel already. Now we all have another problem: there is simply no more oil enough for all. Will future wars for oil be the only answer?"
Another "liberation" operation like Iraq, this time against Iran will break the camel's back with no return point. Competition for Oil is heating up and aggressive move by China into Electric Cars leaves no other options for US than to follow. In order to keep power China needs gradually improve standard of living, it will bring upside pressure on labor cost. Electrification will not only provide Energy Security to China, but will significantly reduce the cost of its transportation element and provide another opportunity to stay among low cost producers. Situation is completely different to U.S. - they have capital to invest in Electric Mobility CAPEX now and rip the rewards of lower cash cost on transportation side later. We will refer you to the
Economics of Electric Cars.
Recent Ash Cloud events in Europe brought a very sobering sense of the feeling to be grounded. It is amazing how many things are taking for granted. This time it is Ash Cloud - what will happen with oil above 150?
Electric Cars is the only commercially viable technology today to sustain mobility world wide with rising Oil prices. Lithium is at the heart of Green Mobility revolution - it is an industry adopted standard for batteries and billions of dollars are invested into battery technology and upcoming by the end of this year Electric Cars on a mass market scale. This Bull market is still very young - only a year or so from the beginning after the crash of 2008.
We will provide you with few links to study the subject further:"

TNR Gold Corp. Updates Meeting Date for Approval of Spin-Out of International Lithium Corp. and Record Date TNR.v, CZX.v, NG.to, WLC.v, CLQ.v, RM.v, F




"TNR Gold Corp. Updates Meeting Date for Approval of Spin-Out of International Lithium Corp. and Record Date



Press Release Source: TNR Gold Corp. On Wednesday May 26, 2010, 8:27 pm EDT
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 26, 2010) - TNR Gold Corp. ("TNR" or the "Company") (TSX VENTURE:TNR - News) is pleased to announce that further to its news release on April 12, 2010, we have changed our meeting date to June 22, 2010 for shareholder approval of the previously announced (April 27, 2009) spin-out of TNR's lithium and rare metal assets into its wholly-owned subsidiary, International Lithium Corp. ("ILC") under a court approved plan of arrangement. TNR shareholders of record on the date of the spin-out, planned for July 2010, will receive one share and one fully tradeable warrant of International Lithium Corp. for every 4 shares of TNR held.
The spin-out is subject to the approval of the TSX Venture Exchange, the B.C. Supreme Court and shareholders of TNR. TNR shareholders were mailed an information circular today describing the key terms of the proposed spin-out with a planned completion within 60 days of the meeting date. The documents, including the signed Arrangement Agreement, were filed on SEDAR on May 25, 2010. We encourage all interested parties to review the Arrangement Agreement and Information Circular in their entirety on our website or SEDAR. A link for this information is as follows:





ABOUT INTERNATIONAL LITHIUM CORP. / TNR GOLD CORP.
International Lithium Corp., currently a wholly-owed subsidiary of TNR, is a mineral exploration company diversified geographically and by resource type. With projects spanning the globe from Argentina, USA, Canada, and Ireland, ILC will offer investors the potential upside of rapid advancement of ILC's lithium brine projects and recognized valuation of ILC's rare metals pegmatite projects.
TNR is a diversified metals exploration company focused on identifying and exploring its existing properties and identifying new prospective projects globally. TNR has a total portfolio of 18 projects, of which 9 will be included in the proposed spin-off of International Lithium Corp.
The recent acquisition of lithium and other rare metals projects in Argentina, Canada, USA and Ireland confirms TNR and ILC's commitments to generating projects, diversifying their markets, and building shareholder value.
On behalf of the board,
Gary Schellenberg, President
Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. News release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
CUSIP: #87260X 109
SEC 12g3-2(b): Exemption #82-4434
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

TNR Gold Corp. Updates Meeting Date for Approval of Spin-Out of International Lithium Corp. and Record Date TNR.v, CZX.v, NG.to, WLC.v, CLQ.v, RM.v, F




"TNR Gold Corp. Updates Meeting Date for Approval of Spin-Out of International Lithium Corp. and Record Date



Press Release Source: TNR Gold Corp. On Wednesday May 26, 2010, 8:27 pm EDT
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 26, 2010) - TNR Gold Corp. ("TNR" or the "Company") (TSX VENTURE:TNR - News) is pleased to announce that further to its news release on April 12, 2010, we have changed our meeting date to June 22, 2010 for shareholder approval of the previously announced (April 27, 2009) spin-out of TNR's lithium and rare metal assets into its wholly-owned subsidiary, International Lithium Corp. ("ILC") under a court approved plan of arrangement. TNR shareholders of record on the date of the spin-out, planned for July 2010, will receive one share and one fully tradeable warrant of International Lithium Corp. for every 4 shares of TNR held.
The spin-out is subject to the approval of the TSX Venture Exchange, the B.C. Supreme Court and shareholders of TNR. TNR shareholders were mailed an information circular today describing the key terms of the proposed spin-out with a planned completion within 60 days of the meeting date. The documents, including the signed Arrangement Agreement, were filed on SEDAR on May 25, 2010. We encourage all interested parties to review the Arrangement Agreement and Information Circular in their entirety on our website or SEDAR. A link for this information is as follows:





ABOUT INTERNATIONAL LITHIUM CORP. / TNR GOLD CORP.
International Lithium Corp., currently a wholly-owed subsidiary of TNR, is a mineral exploration company diversified geographically and by resource type. With projects spanning the globe from Argentina, USA, Canada, and Ireland, ILC will offer investors the potential upside of rapid advancement of ILC's lithium brine projects and recognized valuation of ILC's rare metals pegmatite projects.
TNR is a diversified metals exploration company focused on identifying and exploring its existing properties and identifying new prospective projects globally. TNR has a total portfolio of 18 projects, of which 9 will be included in the proposed spin-off of International Lithium Corp.
The recent acquisition of lithium and other rare metals projects in Argentina, Canada, USA and Ireland confirms TNR and ILC's commitments to generating projects, diversifying their markets, and building shareholder value.
On behalf of the board,
Gary Schellenberg, President
Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. News release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
CUSIP: #87260X 109
SEC 12g3-2(b): Exemption #82-4434
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."