Have you seen the long term global Lithium demand charts? The EV is happening and sales of EVs will continue to grow until all new cars are EVs. Some predictions are all new vehicles,not just cars but all new vehicles will be electric by 2030, that's around 80 million cars a year wìth about 10 kilos of lithium in each, do the math.
I think the EV will be a success as it is now competitive in sale price to internal combustion vehicles, costs a lot less to run, no need for the expensive mechanical servicing due to the electric motor having only 18 moving parts compared to the over 2000 moving parts of an internal combustion engine also no oil, coolant, fuel pump etc. Competitive in price and the range per charge that can be achieved is now interruptive to oil. In short pure economics will be the driver, it's cheaper.
I think the bubble will probably burst in regards to lithium spec stocks that are overvalued due to having a tenement or two that may have something.
Solar energy storage, mobile phones, computers, power tools, watches, cameras, toys, electric vehicles etc.
The current demand, future demand and price of Lithium is real.
DYOR.
- Forums
- Commodities
- Analysts predict bubble will burst
Have you seen the long term global Lithium demand charts? The EV...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)