Silver rather than lithium for EV's???Exploring Samsung's Silver...

Silver rather than lithium for EV's???

Exploring Samsung's Silver Solid State Batteries: Key Insights and Market Impact (substack.com)"

Cumulative Impact

Combining these scenarios with the original estimate for passenger vehicles:

• Passenger vehicles: 16,000 metric tons

• Trucks, buses, and vans: 4,000 metric tons

• Ships and large vessels: 2,000-5,000 metric tons (conservative estimate)

• Aircraft: 200-400 metric tons

This could potentially result in a total additional silver demand of 22,200 to 25,400 metric tons annually.

Market Implications

1. This level of demand would represent 88-101% of the current annual global silver production (approximately 25,000 metric tons).

2. Such a significant increase in demand could lead to a substantial rise in silver prices, potentially making it one of the most valuable commodities.

3. The silver mining industry would likely see rapid expansion and increased investment to meet this growing demand.

4. Recycling of silver from decommissioned batteries could become a crucial industry to support the sustainable use of this resource.

5. The adoption of this technology across various transportation sectors could accelerate the global transition to electric propulsion, potentially reshaping entire industries and significantly reducing carbon emissions.

This analysis underscores the potentially transformative impact of Samsung's silver solid-state battery technology, not just on the automotive industry, but across multiple transportation sectors and the global silver market."

Time to do a full recharge > 9 minutes ???