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Posted On: 08/02/2023 3:00:13 PM
Post# of 103527
$CDSG #Lithium Electric vehicles require six times the mineral inputs of conventional cars, according to the International Energy Agency. The lithium required for the batteries that power those vehicles poses a challenge to the EV supply chain. Established mining companies currently don’t have enough lithium to supply the automotive industry.
The IEA estimated in a 2021 report that mineral demand for use in EVs and battery storage could grow 30 times by 2040. https://epsnews.com/2023/07/11/is-there-enoug...-adoption/
The IEA estimated in a 2021 report that mineral demand for use in EVs and battery storage could grow 30 times by 2040. https://epsnews.com/2023/07/11/is-there-enoug...-adoption/
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2️⃣All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
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