Gabriel Boric, president of the world’s second largest producer of lithium, Chile, announced on April 20 that the country was adopting a “National Lithium Strategy.” And … that was pretty much it. I wish there was more to it. I wish I could say that the media exploded, that omens … [continued]
CATL has shocked the world of electric vehicles by offering to sell batteries at much lower cost. Is there a catch?
Cutting global heating emissions relies in huge part on electrifying transport. Electrifying transport relies on massively scaling up mining & processing of a handful of minerals. The most famous of those minerals is lithium. The #1 provider in the world of lithium for EV batteries is Albemarle Corporation. For the … [continued]
When it comes to electric vehicles and the Inflation Reduction Act of 2022, almost all of the discussion has been around the consumer tax credit for buying an electric vehicle, including the interesting new battery aspects of that. That’s a big topic, but there’s a whole other battery angle separate … [continued]
Lithium-ion batteries are the most popular battery in use today. First commercialized in 1991, their cost has declined by a remarkable 97 percent over the last three decades, enabling the rapid growth of mobile phones, laptops, and, more recently, electric cars. Global demand for the batteries is projected to increase dramatically by … [continued]
Tesla and other electric vehicle manufacturers rely heavily on a few different minerals. One of them, lithium, is largely mined, refined, and processed by China, though lithium deposits can be found worldwide. Still, China’s jump on the raw materials game for EV minerals will make it hard for other countries … [continued]
As Australia moves glacially towards exporting products that mitigate climate change instead of exporting products that increase it, Western Australia is taking Robyn Denholm’s advice seriously. The Chairperson of Tesla recently spoke at a mining conference urging Australians to get involved higher up the value chain with the minerals we … [continued]
GM has placed a multi-million dollar bet on direct brine extraction of lithium in the Salton Sea Geothermal Area while Albemarle says its new battery materials innovation center will begin operations this month.
CNN reported that Tesla’s stock surge isn’t just making Elon Musk and Tesla investors rich — it’s affecting other industries as well. Investors who are focusing on other industries, such as lithium and batteries, are also benefitting from Tesla’s success
A couple of mid-term and long-term targets are often expressed by people who follow this industry closely: 50% EV market share by 2025 and 100% by 2030. ZETA is committed to achieving the latter in the USA.
