RE: Feraris could be really cheap soon.9 Sep 2018 02:29
https://cleantechnica.com/2018/09/07/how-serious-is-volkswagen-about-electric-revolution/
Being three of the largest battery producers on the planet, these companies also supply large Chinese automakers, Daimler, BMW, Renault, Nissan, GM, Ford, Chrysler … practically everyone. VW won’t be securing a majority of these companies’ battery supplies. So, how much is it really securing? What are the actual contracts for 2019, 2020, 2021, and onward?
If you estimate that the 2–3 million electric cars VW intends to sell each year will have an average battery capacity of 50–60 kWh, that means a total annual need of 100–180 GWh of batteries. In 2016 and 2017, respectively, VW executives have indeed indicated a need for 150 GWh and 200 GWh of batteries by 2025.
Thats 200,000 tonne of Lithium annually alone