Why The EV Industry Has A Massive Supply Problem

Technology News

The United States has a lithium supply problem. Lithium-ion batteries are in everything we use — in phones, laptops, tablets, cameras and increasingly cars. Demand for lithium-ion batteries has risen sharply in the past five years and is expected to grow from a $44.2 billion market in 2020 to a $94.4 billion market by 2025.

Credit CNBC