CYDVF - The U.S. Must Rely On Innovative Domestic Startups To Reduce Dependency On Imported Lithium
Electric Vehicle Paradigm Shift
Electric car sales are forecast to be 24.4 million yearly by 2030. To give this statement a bit more perspective, this means that electric car production is expected to spike 30 fold in the next 12 years.
Electric Vehicle Forecast For 2030
Source: Bloomberg New Energy Finance
This is an astonishing paradigm shift in how we power our mobility. It begs many important questions about the future, but there are two that are pertinent to this article.
- Does the earth have enough lithium to meet this overwhelming demand?
- Is the U.S.