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Accordingly, even the international energy agency just warned that, “At least 30 times as much lithium, nickel and other key minerals might be required by the electric car industry by 2040 to meet global climate targets." In short, the world might need as much lithium as it could get its hands on.
In addition, many car users might be convinced to switch to an electric car because they are better for the environment. Check disclaimer on profile and landing page.
It's said without a secure supply of metals such as #lithium and nickel this potentially $3 trillion EV market could possibly grind to an instant halt.
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While you might pay more to get an #EV in the first place, running it could be a lot cheaper.
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The rechargeable #Lithium-ion batteries could possibly have transformed portable electronics and are the technology of choice for electric vehicles.
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#Lithium, as suggested was thought to have the potential to power up #electric vehicles.
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The capacity of its #energy seems to be faster than any other battery.
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By 2033, analysts could possibly estimate the #market worth approx. $4.22 billion.
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The movement in demand might be due to automakers manufacturing #lithium-ion powered cars.
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As a #renewable energy source, #electric vehicles have the potential to be a game changer.
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These other sectors' earth drill results might indicate large-scale #mineralization.
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