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That’s all fine and dandy but there isn’t enough lithium, cobalt and the other rare earth elements available on the planet to “electrify” the global automotive market in 2025.
The Chinese threatened to cut off supply of a few of these elements a couple weeks ago and the rest of the planet said “Oh $#!t”!!
Liquid hydrocarbon fuels will still be required as an energy storage solution for at least another 25-30 years.
Flexibility with energy storage will be the single most important strategy critical to the success of automotive manufacturers for the next two decades.
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