"The lithium is two percent of the cell mass [in our batteries]. So it's like salt in the salad; it's a very small amount of the cell mass and a fairly small amount of the cost. But it sounds like it's big because it's called 'lithium-ion,' but really, our battery should be called 'nickel graphite' because it's mostly nickel and graphite. It is what Elon Musk replied in response to whether there is enough lithium supply for the EVs. Musk further said that the amount of lithium in a lithium-ion battery is about 2% of its total volume and that "lithium in a salt form is virtually everywhere… there is definitely no supply issues with lithium."

"Despite Musk's confidence, there's indeed a global supply shortage of the Li-ion batteries. To cope with this shortage, the automotive industry has been witnessing various developments ranging from acquisitions, collaborations, investments, technology developments, and much more."

Want to be forefront in this innovation race, then you might be interested in finding answers to the following:

What major companies are researching, what current technical challenges they are addressing, Who are the new-entrants/ start-ups, How is OEMs dealing with this shortage, For what specific reasons companies are collaborating, What's the qualitative strength of companies, Who is leading the innovation race both quantitatively and qualitatively, etc. Are you interested in a sneak peek? Write to us at info@icuerious.com