Running Commentary on the SP Movements., page-11939

January 16th, 2018
Goldman Sachs is calling lithium the “new gasoline.”
Its benefits are overwhelming, and demand continues to get stronger every day.
You can find lithium batteries powering everything these days: your smartphone, your laptop, your tablet... all of these devices rely on lithium.
As automakers are producing more electric and hybrid vehicles each year, they rely on one crucial component to power those vehicles: lithium-ion batteries.
Bloomberg forecasts that sales of electric cars will hit 41 million by 2040, representing 35% of all global new car sales.
Lithium will even be used to provide energy storage to homeowners in the future.
Our failing and aging energy infrastructures need a major upgrade, and residential lithium batteries will open the path to providing secure nationwide energy storage.
Lithium is the single hottest commodity today. In the future, it'll be our go-to energy source for almost every product in our lives from our homes, to our devices, to our cars.