TECHNOLOGY

Lithium is one of the world’s most critical natural resources and is central to our push toward sustainable energy. 

In this graphic, sponsored by EnergyX, Visual Capitalist's Alan Kennedy and Athul Alexander ask that with over 350 million EVs expected to be sold globally by 2030, can we meet tomorrow’s lithium demand? 

Addressing Tomorrow’s Lithium Problem 

The lithium that powers EV batteries is refined from compounds found in multicolored pools of salt-brine or hard rock, and quantities are measured in terms of lithium carbonate equivalent (LCE).

So, to power the vast quantity of EVs being produced worldwide, a consistent and reliable supply of lithium is required. However, with forecasted annual demand growth of up to 20% by 2030, the current supply of lithium will not be sufficient to meet the demand, and nearly double the amount will be required.

Extracting a Solution

One of the main reasons why lithium demand is set to outstrip supply so aggressively is that conventional methods (more…)

This map, created by Visual Capitalist's Marcus Lu, shows the best selling vehicle in every U.S. state for 2022, based on data from Edmunds.

The main takeaway from the visualization is that trucks and SUVs are the top selling vehicle in every state but one.

See below for the data in tabular format.

Authored by Savannah Fortis via CoinTelegraph.com,

The United Kingdom’s global summit on artificial intelligence (AI) safety, the AI Safety Summit, concluded on Nov. 2 with a one-on-one chat between U.K. Prime Minister Rishi Sunak and billionaire Elon Musk. 

Musk was one of many big names to attend the (more…)