Why Lithium Is About To Replace Oil

I mention this name with all the cautionary provisos about Canadian-listed mining companies: little disclosure, less oversight, and more risk than what you would expect from a US listing.

What could upset the applecart for lithium? A totally new battery technology based on other elements could emerge to replace lithium.

There are many on the drawing board. This list includes graphene supercapacitors, redox flow, aluminum graphite, solid state, and biochemical batteries, powered roads, and high output thin film solar panels. Several of these also use lithium, but not to the extent that existing lithium ion batteries do.

But some have come close to challenging lithium’s advantages in cost and scale production. But then in the tech business, you never say never.

I worked on my first electric car at UCLA 45 years ago as part of a graduate engineering project, and I’m surprised that it has taken this long to get this far.

But then massive government subsidies of the oil industry are a hard thing to run against for anyone.

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Craig Newman 2 years ago Member's comment

If that was case these wouldn’t all have been at 52 week lows.