It’s more efficient for the city
Sign in / Join NowIn a presentation at the inaugural Lithium Supply Markets Conference held in Santiago in January 2009, I suggested three factors to determine whether lithium ion (Li ion) batteries will be adopted by the global automobile industry in its transition to electric propulsion, namely: the oil market, technological development and resistance to change.In the first part of this contribution I review and extend this argument in light of some important recent events that have occurred in the world economy. First, I re analyze the oil market not only in terms of yearly oil prices and their volatility but also in relation to average oil prices and volatility for the last 12 years. Second, I now discuss technological development in reference to different types of Li ion batteries as well as other classes of rechargeable lithium batteries that are beginning to appear in the market.
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