Lithium Americas Corp (LAAC)

[Cory Groshek]

We’re Going to Need More Lithium - Bloomberg

FULL ARTICLE: https://www.bloomberg.com/graphics/2017-lithium-battery-future/

Excerpt: Starting about two years ago, fears of a lithium shortage almost tripled prices for the metal, to more than $20,000 a ton, in just 10 months. The cause was a spike in the market for electric vehicles, which were suddenly competing with laptops and smartphones for lithium ion batteries. Demand for the metal won’t slacken anytime soon—on the contrary, electric car production is expected to increase more than thirtyfold by 2030, according to Bloomberg New Energy Finance.

Annual global electric vehicle sales are forecast to hit 24.4 million by 2030...