LYC 0.40% $2.47 lynas corporation limited

Now THIS has made my day:

  1. 18,512 Posts.
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    "We are already in large-scale production with high-voltage and 48 volt mild hybrid drivetrain technology. To us electrification is the path into the future of clean mobility."

    This represents the potential to electrify potentially the entire light vehicle fleet on just ONE model generation, the impact on NdFeB demand would off scale.

    No coal burners, no range anxiety, no duplicated infrastructure, no dragging half a tonne of lithium everywhere, no $30/40K battery replacement, largely built off existing platforms, 70% of the benefit at 30% of the cost, and it is happening, now:

    'Ralf Cramer, president and CEO of Continental China, said among other projects, the company is building a new research and development center in Chongqing and is to start manufacturing of a 48-volt mild hybrid solution later this year at its expanded Tianjin plant.

    Cramer said the solution, which helps to cut cars' gasoline use, has great potential in the country as many automakers are technologically unlikely to meet the China's requirements that by 2020 new cars' fuel consumption should not exceed 5 liters per 100 kilometers.

    A highly integrated high-voltage drivetrain, tailor-made for Chinese requirements, is also scheduled for manufacturing in China.

    "Continental is a technological leader in the field of electric mobility", said Rudolf Stark, a senior executive at the company's powertrain division.

    "We are already in large-scale production with high-voltage and 48 volt mild hybrid drivetrain technology. To us electrification is the path into the future of clean mobility." '

    Rather than building off EV's 0.88% of total vehicle sales 2016, 48V Mild Hybrid could electrify the entire light vehicle fleet inside a decade, or should I say NdFeBify.

    That's a sure cure for lithium addiction, and likely NiMH driver as well.

    http://www.info-re.com/index.php?/shop/article/3313
 
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