Just The News
Lithium prices are skyrocketing worldwide, driving up the cost of electric vehicle manufacturing at a moment when car developers are re-orienting huge portions of their output to developing EVs.
Lithium “hit a fresh record of 500,500 yuan ($71,315) a ton in China Friday, according to data from Asian Metal Inc,” Bloomberg reported this week.
That represents roughly a tripling of lithium prices in that country over the past year. Disruptions to the electric grid in Sichuan—where one-fifth of China’s lithium processing takes place—have contributed to the soaring prices. more
…they calm them “RARE” earths for a REASON.
…they CALL them “RARE” earths for a REASON.
,*&$#%%$% spell check…
No fear, start investing in really long extension cords.
Although I am thinking of putting my generator in the back of my gas powered truck and running a recharge business.
Who’d a thunk that if you’re going to increase demand for lithium by about 1000% the price of lithium would slso skyrockey
Any body with an IQ higher than a monitor lizard’s who was paying attention in High School Econ class, thats who
HA HA. Reality strikes again.
Obviously the government needs to subsidize lithium production. It should work just as well as subsidizing colleges and universities.
This shit is easy when you judge yourselves on intentions rather than results.
Mongomery “Scotty” Scott might just burst a vein without lithium chrystals and lack of warp speed….
This news should, but won’t, be a wake-up call to every fool that believes EV’s can replace the internal combustion engine with our present technology.
The battery has been the major drawback with EV’s from the get-go.
It’s not just Lithium, there’s a whole list of metals that will be in short supply if we try to go all in on “clean” energy with current tech.
I use white lithium grease al lot. I suppose that’ll be cancelled cause it’s white, and lithium is needed for Biden’s cars…
In Star Trek, it was dilithium crystals!
Star Trek dilithium definition
https://en.wikipedia.org/wiki/Dilithium_(Star_Trek)
Gradually ban the sale of ICE vehicles, push the price electric cars and trucks out of the range of most consumers, and then make the generation of electricity so unreliable and expensive that no one could charge them anyway. Presto, you have a non-mobile population, just as the WEF overlords desire. BTW, those Ring doorbells, home personal assistants (Alexa, etc.), and Siri on your phone are forwarding all your data and communications to the NSA, so your soon-to-be-instituted social credit score can be adjusted accordingly.
Millions of consumers making their own choices makes a lot more sense, in a sane world, than a few in government making those choices for them.
https://youtu.be/uukZgfHZIoc
RUSH.COM
MOVING PICTURES
FEBRUARY 1981 . 8TH STUDIO RECORDING
RED BARCHETTA
AVAILABLE ON MOVING PICTURES
Music: Geddy Lee and Alex Lifeson
Lyrics: Neil Peart
“My uncle has a country place, that no-one knows about
He says it used to be a farm, before the Motor Law
Sundays I elude the ‘Eyes’, and hop the Turbine Freight
To far outside the Wire, where my white-haired uncle waits
Jump to the ground
As the Turbo slows to cross the borderline
Run like the wind
As excitement shivers up and down my spine
Down in his barn
My uncle preserved for me an old machine –
For fifty-odd years
To keep it as new has been his dearest dream
I strip away the old debris, that hides a shining car
A brilliant red Barchetta, from a better, vanished time
Fire up the willing engine, responding with a roar!
Tires spitting gravel, I commit my weekly crime…
Wind in my hair –
Shifting and drifting –
Mechanical music
Adrenalin surge –
Well-weathered leather
Hot metal and oil
The scented country air
Sunlight on chrome
The blur of the landscape
Every nerve aware
Suddenly ahead of me, across the mountainside
A gleaming alloy air-car shoots towards me, two lanes wide
I spin around with shrieking tires, to run the deadly race
Go screaming through the valley as another joins the chase
Drive like the wind
Straining the limits of machine and man
Laughing out loud
With fear and hope, I’ve got a desperate plan
At the one-lane bridge
I leave the giants stranded
At the riverside
Race back to the farm
To dream with my uncle
At the fireside…”
Any five minute analysis makes it very clear that the whole EV industry is going to be the largest technology failure in history.