There is growing concern about whether there is enough lithium to keep up with rising demand that has been mostly driven by the rapid growth of the electric vehicle market.
Moody’s expects that a shortfall in supplies of lithium, as well as other metals used in batteries, is likely to slow down the production of batteries for electric vehicles. This pressure is increasing just as the demand for electric vehicles is on the rise.
Most of the world’s supply of lithium is concentrate…
Source URL: Lithium Shortage Expected Due to Lack of Mines
Source Website: Advance Engineering – Engineering.com
