$CDSG #Lithium Electric vehicles require six times
Post# of 42157
(Total Views: 100)
Posted On: 08/15/2023 2:38:24 PM
$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/
(0)
(0)
What I post is my opinion. Do your own DD. Make your own investment decision. Links, images, & retweets are not endorsements.
1️⃣I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
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.
3️⃣I will not and cannot be held liable for any actions you take as a result of anything you read here.
4️⃣Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise.
1️⃣I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
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.
3️⃣I will not and cannot be held liable for any actions you take as a result of anything you read here.
4️⃣Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise.
Scroll down for more posts ▼