World Lithium Resource Impact on Electric Vehicles
A typical EV car battery costs the consumer between $3k and 10k. The lithium material needed for that battery at $7/kg is less than $80 for a large BEV, or less than 3% of the total battery cost. The cost of lithium is not the major driver in the manufacturing process and the market will tolerate an increase in the cost of lithium. ................
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