The demand of lithium has been increasing due to development of electric vehicles
Tt is issued that by Germany report,a research report said that global climate change, attaches great importance to the development of electric vehicles, one of the big engines, while the rapid development in the future this may cause tight supply of raw materials, lithium .
Hamburg, Germany, Institute of World Economics and Berenberg Bank jointly issued by the challenges facing the automotive industry reported that the lithium-ion battery technology now become prospects for electric and hybrid electric vehicle application of the most extensive technique, but also insony VGP-BPL2 battery， sony VGP-BPS2 battery， sony VGP-BPS2A battery，VGP-BPS2C， VGP-BPS2B the maximum range, the energy density, security, load time and size, and so there is still great potential for development. The date, no other material can replace the lithium battery technology in the special status of the car. In the long term, which could lead to supply shortages and price of lithium increasing significantly.
He reported that, at present mainly in Chile, Argentina and other South American countries and China, Tibet, total recoverable reserves of lithium ore, it is estimated that only 400 million tons, while the current annual global lithium mining capacity has reached more than 90,000 tons.