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Global Lithium Deposits Enough to Meet Electric Car Demands
Jul. 28, 2011 04:03PM PST
Battery Metals Investing
New York Times reports that according to the Journal of Industrial Ecology in collaboration with the University of Michigan and Ford Motor Co. the world has enough lithium resources to power electric vehicles for the rest of the century.
New York Times reports that according to the Journal of Industrial Ecology in collaboration with the University of Michigan and Ford Motor Co. the world has enough lithium resources to power electric vehicles for the rest of the century.
The market news is quoted as saying:
The report points out that most hybrid electric vehicles currently use nickel-metal hydride batteries. And while lithium use is on the rise, other technologies are also in the works.