Lithium Shortage May Stall Electric Car Revolution And Embed China’s Lead: Report

The electric car revolution will stall if supplies of battery elements like lithium fail to keep up with the forecast huge increase in demand. This will drive battery prices higher, decimate profit margins, and the coveted $100 per kWh battery will remain on the launch pad, according to a report.
The electric car revolution will stall if supplies of battery elements like lithium fail to keep up with the forecast huge increase in demand. This will drive battery prices higher, decimate profit margins, and the coveted $100 per kWh battery will remain on the launch pad, according to a report.