Posted on 09/20/2016 7:09:13 PM PDT by Lorianne
Developing lithium shortages could pose a very big problem for the up and coming electric car industry.
According to recent statistics, demand is already outstripping supply by 15%, which explains why the price of lithium has moved higher since the start of the higher. But it’s not finished yet. Experts says this number is about to spike much higher.
We know that Chevy is releasing the Bolt this year and that will put further weight on the market, but it’s Elon Musk’s plans for Tesla that could really put pressure on resource producers. The company is preparing to role out the Tesla Model 3, an affordable electric vehicle for the masses. Tesla has reportedly already pre-sold some 500,000 Tesla 3 vehicles that are scheduled to be delivered over the next 12 – 24 months.
With so many cars getting ready to ship out to customers Elon Musk recently stated that he will need the world’s entire lithium supply annually in order to meet demand.
(Excerpt) Read more at thedailysheeple.com ...
hahaha!
Welcome to Coal, boys!
The first article I read, years ago, about the challenges of electric cars was about the scarcity of lithium.
This is not new. It’s just becoming a story. Again.
And they’re just now figuring this out?
gays are only 1% of the population so they would need more drivers
Buy CR123 & CR2 batteries while they’re still cheap.
They store 8 years.
Why not use trolly poles in the city? Combine that with self driving..... puts you REALLY in control!
Cell phone makers ain’t gonna like that!
I am so tired of reading articles that have not been proof read. 2nd sentence???
Then 3/4 of the Democratic Party will have to go off their meds. :)
Duh!
“And they’re just now figuring this out?”
(”What? You mean we’re actually going to have to produce real electric cars to get the government money?”)
Proofread
Use Potassium, morons.
These coal, natural gas, nuclear cars are cute but inefficient.
“Hello, I’m a green-weenie, tree hugging dipstick. Your internal combustion car is plundering the planet’s resources!”
But stripping 100% of the world’s lithium production annually for toy cars is “sustainable.”
This will be hell on cheap cordless hand tools.
Well, Trump can probably negotiate a deal with Rura Penthe for dilithium and split it. Otherwise we better start a galactic survey for traker deposits...
Is there such a thing as coal-lithiumification?
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