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We May Not Have Enough Minerals To Even Meet Electric Car Demand

Accepted submission by Phoenix666 at 2017-11-01 12:52:05
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Will there be enough [jalopnik.com] to build all the electric vehicles?

Global demand for cobalt and nickel, two of the essential elements in electric car batteries, has never been higher. But where do all those metals come from? And do we even have enough for our electrified [jalopnik.com] future? The answers to those questions are getting increasingly complex.

Reuters and Bloomberg [bloomberg.com] both have stories out today on the metals and, as Reuters reports, while demand for nickel keeps increasing, half the world’s nickel supply is too low in quality to use for car batteries.

All of which is going to have seismic effect on the world’s suppliers. In short: There will be winners and losers, and the winners will be the ones with the highest-grade stuff—not unlike, I suppose, the illicit drugs market.

Do you feel fearful, uncertain, and doubtful about the future of electric cars?


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