Lithium batteries are an essential part of electric cars. They are what power the electric motor and allow the car to run without emitting any pollutants. There are many different companies that make lithium batteries for electric cars. Some of the most popular brands include Tesla, Panasonic, and LG. Each company has its own unique take on lithium battery technology.
Lithium is a silvery-white metal that is used to create the batteries that power electric vehicles (EVs) and other devices. Due to the rise in electric vehicle sales, the lithium supply has been struggling to meet demand. Who does Tesla use for their lithium? Can anything look good on paper? Pure Energy Minerals is developing a lithium brine project in Nevada known as the Clayton Valley Lithium South Brine project. This project is approximately 200 miles from Tesla’s massive lithium-ion battery factory, the Gigafactory 1. Both Bacanora Minerals and Cadence Minerals are joint venture partners in the Sonora Lithium Project in Northern Mexico.
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.
