back to good ole fuel it is
Low Lithium Levels Threatens Electric Car Revolution
The price of the key metal - used in electric car batteries - has rocketed to a record $70,000 per tonne as leading producer Albemarle says supply will be overwhelmed for “seven to eight years”, casting doubt on the technology’s utility.
The world needs 60 more lithium mines by 2030 to meet government green energy plans and decarbonisation targets - but it could take up to 19 years for a new mine to start production
What's worse, Lithium companies typically do not meet production promises due to technical delays and mishaps, according to Albemarle Lithium chief Eric Morris.