On pp 44-53, Deputy Editor Emma Hughes looks at a cross section of lithium developers and also speaks to FMC - a world-leading producer of lithium compounds - about the Tesla announcement and what the effect a ramp up in Li-ion manufacturing could have on the lithium industry, Latin American economist, Juan Carlos Zuleta, has recently published research that uncovered that, during the period January-November 2013, Tesla Motors consumed 2,090 tonnes lithium carbonate equivalent (LCE), which amounted to 72% of all the lithium required for the production of Li-ion batteries used by all the plug-in vehicles commercialised in the US and 68% of all the lithium required by all the hybrids and plug-ins sold in the same market.
"Tesla's Model S may indeed be considered a disruptive innovation which in turn led me to establish also that Tesla Motors is a disruptive company," Zuleta told IM. "This, in essence, means that it is beginning to change the whole automotive industry with enormous implications for the lithium value chain."
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