Jack Lifton on how the lithium-ion battery material supply chain will determine if America can go EV

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In this episode of InvestorIntel’s Critical Minerals Corner with Jack Lifton, Jack talks about the lack of discussion about matching the supply and demand of lithium-ion battery materials in order to make an electric vehicle revolution possible.

In this InvestorIntel video, which may also be viewed on YouTube (click here to subscribe to the InvestorIntel Channel), Jack went on to say that lithium is the most essential component of any lithium-ion battery. He pointed out that the current world production of lithium is not sufficient to electrify all the vehicles of just the United States. “100% electric car is not possible without a very large increase in the production of lithium worldwide,” he added.

To watch the full video, click here

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One response

  1. Puja Avatar
    Puja

    The lithium-ion battery industry is likely to exhibit lucrative growth potential during the forecast period. Factors such as increasing demand for plug-in vehicles, growing need for automation & battery-operated material-handling equipment in industries, increasing demand for smart devices and other industrial goods, and high requirement of lithium-ion batteries for various industrial applications are driving the growth of the lithium-ion battery market.
    Key players operating in the lithium-ion battery market include BYD Company (China), LG Chem (South Korea), Panasonic (Japan), Samsung SDI (South Korea), BAK Group (China), GS Yuasa Corporation (Japan), Hitachi (Japan), Johnson Controls (Ireland), Toshiba (Japan), Lithium Werks (The Netherlands), CALB (China), Saft Groupe, (France), VARTA Storage (Germany), Farasis Energy (California), and Sila Nanotechnologies (California).
    Download PDF Brochure:- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=49714593

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