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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Bibliographic Details
Published inEngineering and mining journal (1926) Vol. 214; no. 2; p. 96
Main Author Lavallee, Jean-Sebastien
Format Journal Article
LanguageEnglish
Published Jacksonville Mining Media International Inc 01.02.2013
Mining Media International
Subjects
Alternative energy sources
Batteries
Company forecasts
Economic aspects
Electric vehicles
Energy industry
Financial services industry
Geopolitics
Growth
Hybrid vehicles
Leadership
Lithium
Lithium cells
Renewable resources
Switzerland
United States > US
North America
China
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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.
ISSN:0095-8948