Lithium Production Forecast

Will Lithium Production Be Sufficient for Electric Vehicle Industry?

The rapid growth of the electric vehicle (or EV) market has sparked concerns about whether the supply of raw materials will be sufficient to meet the long-term demand for EV batteries. Lithium - a metal that gives batteries more life and the ability to hold an electrical charge longer – is one such critical mineral. Incorrys delved into historical and forecasted lithium data to explore global lithium reserves and recycling efforts and to shed light on the sustainability of lithium supply longer term; as well as highlighting some key developments and initiatives within the lithium industry.

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