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That's ironic. According to BloombergNEF, China's share of the battery-grade Lithium market could be as high as 80%. 55% of China's power is coal according to E
by gjsman-1000 3y ago
That's ironic. According to BloombergNEF, China's share of the battery-grade Lithium market could be as high as 80%. 55% of China's power is coal according to EIA.gov, compared to 19.5% in the US. So it's not unreasonable to say that about ~40% of electric car batteries are made from coal power. This is especially a problem because, according to E3 Metals (a Lithium extraction company), the US would need more than the entire current global supply of Lithium per year, just to have half of new cars sold there be electric.
It's not just battery-grade Lithium. China also has over 80% market share on new solar panels. It's even been tied to serious human rights abuses as, according to Bloomberg, 45% of solar-grade polysilicon is made in the Xinjiang region primarily known for forced "reeducation" of Uyghur Muslims, but oh well.