LRS General Discussion, page-14226

New technology will take many many years to adopt & implement. & TBH, lithium will play a part even if there are changes in technology (just my guess esp short term 5 years). The next 5-20 years, we should be fine re Lithium as takes a medium to long time for manufactures to perfect new techniques. My thoughts no real proof to back up my gut here.

Just a quick - idk mucking around with numbers. Google tells me there are about 1,460,000,000 cars in the world currently. EV's use 8kg each. that means every 10-20 years we will need 11,680,000,000 kg of lithium. Okay, lets just say 10% adopt to EV's. that's 1,168,000,000 kgs. 1.168 Bill kgs. 1,168,000 tonnes required.

2022 world production of lithium was, according to Lithium production, 2022 (ourworldindata.org) was 130,474 tonnes.

I hope some guru on LRS HC has already done the big picture re supply & demand 2024 onwards. Just saying, I'll continue to hold my LRS as I really think Gov't's around the world will be forcing us all to adopt to EV everything especially over the next 5 years! & by 2030!

Probs my figures are wrong, as it points to a massive Li shortfall!