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GCar..... 2050..... really? I am glad you guys have the luxury...

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14/05/20

10:53

Post #: 44613805
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Originally posted by GCar: ↑

That report is based on a 2-degree-scenario, doesn't address actual demand growth and reputable forecasts of EV and ESS growth, and imo is nonsense when you do a little basic maths yourself.

'For example, do you believe that essentially all new cars sold will be EVs by 2050? Who doesn't?

So, do the maths on 100% EV penetration, compared to today's numbers (2.5%) and current Li demand, and "500%" is laughable.
Approaching 100% EVs alone will push total Li demand out to circa 2000% from current levels (20-fold), then add ESS and other battery applications.
5-fold total by 2050? Meh.

Whoever is running numbers at the world bank has a broken calculator or another agenda imo.

Cheers

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GCar..... 2050..... really? I am glad you guys have the luxury of trying to crystal ball out to 2050....LOL.

I'll be dead by then!!!

P

ORE Price at posting: $1.87 Sentiment: Hold Disclosure: Held
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