One Less Thing to Worry About
Unlike the long-term shortages of materials in other energy fields, it appears there is no such problem when it comes to lithium for lithium-ion batteries.
Lithium Resources Ample for the Next Big Thing - Green Energy News - 09 Apr 08
"While the cost of lithium batteries is still high, at least to one expert there are fewer supply constraints to lithium than once thought, including by the person typing in these words. There are abundant global supplies of lithium. Large lithium resources along with improvements in manufacturing processes and the availability of large format batteries, should help bring the cost of lithium batteries for vehicles down to affordable levels.
Lithium Resources Ample for the Next Big Thing - Green Energy News - 09 Apr 08
"While the cost of lithium batteries is still high, at least to one expert there are fewer supply constraints to lithium than once thought, including by the person typing in these words. There are abundant global supplies of lithium. Large lithium resources along with improvements in manufacturing processes and the availability of large format batteries, should help bring the cost of lithium batteries for vehicles down to affordable levels.
As lithium expert Keith Evans notes in his report – Lithium Abundance - World Lithium Reserve, “Concerns regarding lithium availability for hybrid or electric vehicle batteries or other foreseeable applications are unfounded.” The report was prepared by Evans because of the potential and growing demand for lithium batteries for electric and plug-in hybrid electric vehicles."