Li-related News/Articles/Reports, page-97

Thanks to one of the lads on the AVZ thread for this.

Can Lithium Keep Up With the EV Boom?

New Battery Tech Could Exacerbate the Supply-Demand Imbalance

Beyond current estimates for EV growth, new battery technologies could use even more lithium to power greater mileage between charges and extend a battery’s life by years.

*Next-gen of batteries, including pre-lithiation, solid state, and lithium metal anodes all require lithium in the battery’s anode component.

Current and previous technologies only require lithium in the cathode component.

*In fact, next-gen technologies like solid state could require twice as much lithium as traditional technologies.

While the EV industry slowly incorporates advanced and next frontier battery technologies, consumers are expected to continue to experience enhanced features such as longer driving range of over 500 miles in a single charge with a life cycle of over a thousand charges.

Conclusion: Securing Lithium Supply Is Critical

Electric vehicles are at the precipice of transforming the automobile market.

Battery costs are falling, while technology and performance are improving dramatically.

Soon, EVs won’t be a luxury choice, but an economical one.

Add advancements in autonomous driving, which will largely rely on EVs to deliver driver-free ride hailing or robo taxi services, and we could see a rapid ascent of EV sales.

Yet these aggressive goals can’t happen in a vacuum.

To meet the EV sales and battery manufacturing targets, greater investments in the lithium space are needed.

OEMs and miners might have to get creative, but at present, an undersupplied market looks possible.

While undersupply may slow EV adoption in the near term, its effects are likely positive for lithium miners who would enjoy higher selling prices until investments in new projects begin to yield greater lithium output.

www.globalxetfs.com/can-lithium-keep-up-with-the-ev-boom