Lithium batteries are the fundamental technology which makes the transition to electric cars possible. Lithium is a metal which may soon make oil-dependent vehicles obsolete. The demand for lithium may soon surpass supply. The coming explosion in electric vehicles makes lithium a sound investment. To continue reading go to THE GREEN MARKET.
It's demand and not supply
Posted by: Riley69 | 05/12/2010 at 12:12 PM
At present we do not have the supply to meet future demand (even if only 10 percent of vehicles were to run on hybrid power), However, increasing demand will drive up lithium prices and as the price increases, so will the supply. This is a fundamental priciple of supply and demand economics.
Posted by: The Green Market | 05/14/2010 at 10:25 AM