Post by swampmonster on Dec 6, 2018 17:23:55 GMT
With the ever increasing popularity of lithium/cobalt vehicle batteries, comes the same limitations of fossil fueled vehicles-The limited known supply of the materials required to make the batteries compared to the limited availability of oil follow the same parallels and suffer the same market pressures.
..............And as usual, demand drives costs up, and increasing tech helps drive costs down....But just like with oil, the whole market also is VERY dependent on geopolitical ups and downs.....Hmmmmm, interesting, huh?
www.thedrive.com/tech/25296/rising-cost-of-raw-materials-for-battery-production-could-curtail-ev-sales-report
We live in interesting times, yaknow?
..............And as usual, demand drives costs up, and increasing tech helps drive costs down....But just like with oil, the whole market also is VERY dependent on geopolitical ups and downs.....Hmmmmm, interesting, huh?
www.thedrive.com/tech/25296/rising-cost-of-raw-materials-for-battery-production-could-curtail-ev-sales-report
We live in interesting times, yaknow?