Electric Vehicles
Posted: December 16th, 2022, 2:47 pm
Each EV car battery requires about 25 pounds of Lithium.
There were 4.3 Million EV's built in 2022.
Using 107,500,000 lbs of Lithium
The price of Lithium has increased by over 500% close to 600%, in the past 2 years.
The earth has 28,000,000,000 lbs of available Lithium
At present production rates of 100 Million cars around the world
We have about 11 years of global supply of Lithium.
This doesnt include ANYTHING elese we use Lithium for.
There were 4.3 Million EV's built in 2022.
Using 107,500,000 lbs of Lithium
The price of Lithium has increased by over 500% close to 600%, in the past 2 years.
The earth has 28,000,000,000 lbs of available Lithium
At present production rates of 100 Million cars around the world
We have about 11 years of global supply of Lithium.
This doesnt include ANYTHING elese we use Lithium for.