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Electric cars are aiming to change all of this. Following the trend towards clean energy, electric cars do not rely at all on gasses. This is all relatively well known and discussed, but what remains less known is how this all works. Lithium-ion batteries, eight kilogram packs fitted to every electric car, is how it all works.
These batteries are what allows electric cars to remain clean and rechargeable. This makes them an essential part of the future of automobiles. Many countries are attempting to promote the use of electric cars through a variety of policies. They’re becoming more popular with no signs of that trend slowing.
Yet lithium is a finite resource. Currently there are 22 million tons of
The limited nature of this element is what sets it apart as so valuable. In recent years this has rapidly become clear to miners and investors alike. Lithium is rising in demand and price rapidly year over year. Countries like the U.S, while holding only 4{90af24ee0c8b2ef579cdad993725641a0bcc8b6dba22687e081e6e20320a17a5} of the global lithium reserves, demand much more. And of course electric cars are certainly not going to take over completely. Yet their growing influence cannot be denied. Lithium has been an important element for decades, its use in phones, industry, and science is dense. Yet only now has it become clear that controlling lithium is becoming the ability to control cars.
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