18 www.resourceworld.com
O C T O B E R / N O V E M B E R 2 0 1 7
VOLT uses a blend of LMO and lithium-
nickel-manganese-cobalt oxide (NMC) in
its battery packs while the BOLT uses just
NMC. Like Nissan's Leaf, the Chevy bat-
tery packs get their power from groupings
of large format pouch cells packs, but with
the added feature of built in battery pack
cooling.
As a consequence, the batteries in the
GM vehicles have better longevity. GM's
batteries are made by an external supplier,
LG Chem of Korea. GM's electric vehicles
are world class in engineering, but take a
back seat to GM's ICE vehicles in market-
ing. GM only expects to sell about 30,000
BOLTs each year in contrast to 500,000
Teslas. In my opinion, GM wants a horse
in the electric vehicle race, but thinks ICE
vehicles will continue to be preferred by
consumers for the near term future, so it
does not aggressively market its electrics.
BYD COMPANY LIMITED
BYD is China's largest manufacturer of
electric cars, with the best performance
specs among its Chinese domestic com-
petitors. BYD is also the largest exporter
of BEV municipal buses (e-buses). Their
success in China parallels that of Tesla in
North America except that they have been
producing more affordable electric cars
for the mass market using Lithium-Iron-
Tel: 604.681.1568 | www.KingsBayRes.com
TSXv: KBG | FSE: KGB1
Exploration for Copper & Cobalt
in Newfoundland & Labrador
NORTH TRUMP
ISLAND PROPERTY
LYNX LAKE
PROPERTY
Like lithium ion batteries for electric cars, cell
phone batteries also utilize lithium, cobalt,
graphite and manganese. Photo by
Ellsworth Dickson.
