View Single Post
Old 08-21-2022, 10:54 PM   #368
Alan47717
 
Drives: 2022 1LT RS 2.0t/6spd
Join Date: Mar 2022
Location: Tucson, AZ
Posts: 273
Leaving electrical grid shortcomings, high EV costs and environmental problems with lithium mining aside there is an elephant in the room the people behind the curtain want to avoid talking about. If sales of EV's grow anywhere near the pace projected the supply of rare earth minerals such as lithium and cobalt will not be able to keep up. This will result in battery prices (therefore vehicle prices) remaining sky high.

This is not rocket science. Lithium mining is a slow, resource intensive process requiring large amounts of land for the evaporation ponds. Scaling the process up is also slow and expensive.

The people behind the curtain know that "yet to be invented" battery technology will be required to prevent the EV house of cards from crashing down.

If the oil industry had to develop the infrastructure required to support an equivalent rate of ICE vehicle sales increases in the early 1900's that the battery industry is being asked to now they would have failed. The evolution from horses to cars didn't happen in 10 years and the numbers involved were microscopic compared to today.
Alan47717 is offline   Reply With Quote