Lithium Demand for Electric Vehicles Could Grow 599% by 2025
End Market 1 Estimated 2019 Demand (LCE) 2 Estimated 2025 Demand (LCE) 3 Volume Change (LCE), 2019 vs. 2025 4 % Change, 2019 vs. 2025 5 Electric vehicles 93,000 metric tons 650,000 metric tons 557,000 metric tons 599% 6 Grid storage 9,000 metric tons 60,000 metric tons 51,000 metric tons 567% 7 Consumer electronics 38,000 metric tons 70,000 metric tons 32,000 metric tons 84% 8 All other / industrial 119,000 metric tons 140,000 metric tons 21,000 metric tons 17% 9 Other mobility 26,000 metric tons 40,000 metric tons 14,000 metric tons 54%
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