One of the hottest keywords with electric vehicles is lithium.
The other is graphite, which is also seeing substantial demand for key reasons.
One, spherical graphite is an essential for producing the anode of lithium-ion batteries used in electric vehicles and energy storage.
Two, “USGS also sees a major spike in U.S. demand for graphite when Tesla Motor’s Gigafactory, an enormous lithium-ion battery facility being constructed in Nevada, is fully operational.” Three, the world could soon see a bigger shift to electric vehicles.
That’s because, for example, Joe Biden seems to be a fan of a greener, EV future. As noted on the Joe Biden site, “There are now one million electric vehicles on the road in the United States. But a key barrier to further deployment of these greenhouse-gas reducing vehicles is the lack of charging stations and coordination across all levels of government. As President, Biden will work with our nation’s governors and mayors to support the deployment of more than 500,000 new public charging outlets by the end of 2030.”