Access to lithium in North America will determine the success of EVs and hybrids
An industrial research report by David & Company forecasts the global market for lithium-ion batteries will increase to $43 billion by 2020 compared to an $11 billion levels in 2010 with the primary catalyst the increased demand for electric cars. High purity lithium is required for a variety of...
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Published in | Engineering and mining journal (1926) Vol. 214; no. 2; p. 96 |
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Main Author | |
Format | Journal Article |
Language | English |
Published |
Jacksonville
Mining Media International Inc
01.02.2013
Mining Media International |
Subjects | |
Online Access | Get full text |
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Summary: | An industrial research report by David & Company forecasts the global market for lithium-ion batteries will increase to $43 billion by 2020 compared to an $11 billion levels in 2010 with the primary catalyst the increased demand for electric cars. High purity lithium is required for a variety of electrical storage needs; from batteries that power electric and hybrid vehicles, or that provide large scale storage of renewable and conventionally produced power, to the batteries that power electronics including those found in smart phones, laptops and gaming systems. |
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ISSN: | 0095-8948 |