Worldwide, demand for electric vehicles is growing in relation to the total number of new registrations.
The fact that electromobility is on the rise is no longer news, even though subsidies have already been reduced in some countries. This development is accompanied by a growing demand for the raw materials needed for the batteries. The lithium needed for lithium-ion batteries in particular is a scarce commodity. Many countries are already increasing their production capacities for the batteries. When it comes to raw materials, especially lithium, mining companies are in demand to get the raw materials out of the ground. This includes ION Energy – https://www.youtube.com/watch?v=Lu0HcV0vEdA -, for example, with its two lithium projects in Mongolia, a mining-friendly country.
There should still be an increase in public charging infrastructure in terms of investment and speed. After all, the charging infrastructure is crucial for greater sustainability and for lower emissions. In 2030, around 30 million electric vehicles are expected to populate the roads in Germany. "Charging for everyone, always and everywhere" is therefore also the goal of the German government. Around one million charging points are therefore to be installed by 2030.
The high demand for lithium-ion batteries also includes further development and improvement of the batteries. Companies focusing on the next generation of lithium-ion batteries include Li-Metal – https://www.youtube.com/watch?v=nVFlCAZ3584 -, for example. Li-Metal’s development of lithium metal anode and lithium metal production technologies are providing more energy dense, lighter and sustainable products. The company’s lithium pilot production facility is located near Toronto.
Current company information and press releases from Li-Metal (- https://www.resource-capital.ch/en/companies/li-metal-corp/ -)
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