Hailed as a route to a green, carbon-free future, electric car batteries have the world’s superpowers vying for a share of what promises to be a lucrative market. But lithium-ion batteries are not without their environmental and ethical drawbacks — here’s what you need to know about the fast-developing technology.
– Driven by lithium -Electric vehicles, or EVs, have an electric motor rather than an internal combustion engine. They may be powered by fuel cells that generate electricity from hydrogen or a lithium-ion rechargeable battery pack.
Each cell in the battery pack contains a positive electrode, usually containing lithium and cobalt, and a negative electrode containing graphite. As atoms move between the cell’s electrodes they create power which drives the motor.
Cadence Minerals plc (LON:KDNC) provides mining services. The Company focuses on finding lithium and other technology minerals in new places, as well as offers extracting services.