China, Cars, Oil and Lithium - perfect mix for the Electric Car TNR.v, CZX.v, LMR.v, RM.v, SQM, FMC, ROC, WLC.v, BYDDY, DAI, NSANY, SNE, GOOG, AAPL,

China, Cars, Oil and Lithium - perfect mix for the Electric Car TNR.v, CZX.v, LMR.v, RM.v, SQM, FMC, ROC, WLC.v, BYDDY, DAI, NSANY, SNE, GOOG, AAPL,

We have another clue to the reason of aggressive Chinese move into Lithium space and electric cars:

"China has a very high ambitions in electric car space. Among advantages are relatively cheap qualified working force of literally thousand engineers devoted to Lithium ion batteries and Electric Cars in BYD alone. It is not a surprise that Chinese companies are so active in Australia securing supply of Lithium, whether they will be coming after Japanese companies to Argentina, Nevada and Canada we will see in the nearest future."

SAI:

In Case You Had Any Confusion About Why Oil Is Surging, This Chart Of Chinese Car Sales Should Clear That Up

Joe Weisenthal | Apr. 9, 2010, 3:14 PM

Don't just look at the orange chart. Look at the year over year growth of nearly 60%.

Given that China is the marginal buyer of oil, and arguably setting the price with its imports of crude, the connection here is hard to argue. (via Waverly Advisors)