Massive #Graphite Shortage Looms Over #ElectricCar Future
Our rapidly evolving energy future – packed with electric vehicles, massive energy storage solutions and nanotechnology requires more tech-grade #Graphite than it does #Lithium and #Cobalt.
If shortages for lithium and cobalt are looming large, shortages of graphite are even scarier. The #UnitedStates is the biggest consumer, and it doesn’t even produce any tech-grade graphite.
With demand for tech-grade graphite expected to increase 200 percent in less than three years, and 300 percent by 2025.