Ford EV business loses $1.3 billion in Q1 2024

[Sprintey]

Originally Posted by ivorya

Pressure from Far-Right politicians and car makers have turned the boat, once again.

All i can see it doing is playing further into the hands of Tesla and the Chinese companies (BYD etc). When these OEM's start the electric again, they'll even further behind and require major public help or have to shut down.

They're more likely to be seconded into making drones and munitions at the rate the world is going, nevermind the EVs.

Edit: politicians, French are voting as we speak, sportsbet has Trump at 1.57 currently so there goes the neighbourhood, again

[Sprintey]

Originally Posted by Franco Cozzo

How is that any different to oil? Oil resources in the Middle East are not 'unlimited' either

We're sitting on 130 years reserves worth of lithium as we sit, with the stuff we already know about.

Australia, Afghanistan and Chile have some of the worlds largest reserves of lithium globally.

Battery technology as it sits is already more than adequate for Australians and their vehicle usages of 12,000km/year.

A bit different to oil as there will be two parallel supply chains, as a new cold war for green tech develops. China has the lead, and we currently get their cars and batteries. Australia has great resources and our companies are setting up offtake agreements increasingly with EU, Korean and Japanese firms. Our RE/Li miners have been classified as being able to access funding under US capital markets as part of all this hoo-ha, which is a massive boost to them.

[ivorya]

Originally Posted by Itsme

Until they find a better solution for battery design, BEV vehicles will be restricted, Lithium resources is not unlimited.

There's enough Lithium to go around for many yrs to come. No need to land mine, the ocean is where most of it is. ALso, no need to keep mining as many companys are now demanding recycled Li.


Latest battery research just released here https://www.youtube.com/watch?v=yZhKqpleAXM&t=639s