I think the electric car is too far away from development to solve the lithium market. They have been trying to build a reliable electric car for over a 100 years now. In 1911 the NY Times wrote how the electric car was ideal because it was clean, quiet and economical. In 2010 the Washington Post wrote, "the same unreliability of electric car batteries that flummoxed Thomas Edison persists today." The green energy industry is mostly a fraud based on a hoax. Can you imagine how many new coal plants will be needed to charge up all those electric car batteries if and when we are force to purchase Chevy Volts? Wind power ain't going to cut it folks.
I suspect that the lithium batteries needed in cell phones, computers, tech equipment and toys will continue to be the thrust of the lithium market's growth. That is just my opinion and that is why I decided to check into MMTE.
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