But there is still a lithium shortage.
“But there is still a lithium shortage:”
Many of the EV car co’s are moving towards solid state batteries that uses little to no lithium and are fast charging and 100% recylable. A company called Quantam space uses a lithium free battery and claims theirs will charge in 8-12 minutes and will have a 700-750 mile range. It will be out in 3-4 years
The free market will prevail.
Stellantis, Mercedes-Benz invest in solid-state battery developer Factorial Energy | TechCrunch
Solid-State EV Battery Plot Thickens As GM Inks Deal with POSCO (cleantechnica.com)
BMW and Ford Invest in Solid-State Battery Startup for Future EVs (caranddriver.com)
Lithium is not all that abundant. We will likely run out completely world wide long before all the lithium powered devices need to eliminate IC engines are produced.
I think the real tech of the future will be those that efficiently recycle the lithium out of older replaced or junked batteries.