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Electric Vehicles relying on non-renewable resources (Cobalt)
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11-25-2017, 08:48 PM | #1 |
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Electric Vehicles relying on non-renewable resources (Cobalt)
There is a limited supply of cobalt in the world, needed to make lithium-ion batteries. Most of the reserves are in the Congo. China is buying up all the cobalt in the Congo to corner the market. With the spike in cobalt prices will be the increase in the price of electric vehicles. This is not an issue with ICE vehicles, which use much less cobalt. Perhaps the death nail of the ICE and the rise of electrics is pre-mature until they figure out an alternative for electric vehicle battery.
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11-26-2017, 01:57 AM | #2 |
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Are rare earth elements fossil fuel's?
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11-26-2017, 06:05 AM | #4 |
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11-26-2017, 08:11 AM | #5 |
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I'm not so sure. I don't disagree that there needs to be a shift away from fossil fuels, but at this point in time I don't think there is a viable alternative. There are some interesting things happening with EV's and Hybrids but despite what Tesla is doing I don't think you'll see ICE vehicles disappear anytime soon.
I say this for a number of reasons, Government in some countries has drawn a line in the sand saying ICE vehicles will no longer be produced, other countries are more vague about that. But lets say the US passed a law that after 2030 ICE production and import would be outlawed, will they also then force people who bought new ICE vehicles in 2029 to scrap them? There are lots of cars on the road now that are over a decade old, so moving forward from that 2030 date there could still be ICE vehicles on the road for decades. There are lots of logistic and infrastructure problems with charging if even 25% of the vehicles on the road were EV's. A couple of years ago when the Ontario Government started offering huge incentives for EV purchases and stated that they wanted to see 10% EV's on the road Toronto Hydro came out and said the grid in Toronto could not handle the increased load, many homes in Toronto don't have on the property parking leaving car owners parking on the street where they can find a spot. How do you charge your EV when your car is parked blocks from where you live and in a different place everyday. I know thats a minor problem, however it's a problem that needs to be overcome. I've posted a number or articles that discuss infrastructure issues, charging issues, range issues etc. I'm not suggesting that an alternative to our current model isn't coming, I'm just not convinced that it's right around the corner. I've learned not to make blunt/gross generalizations as they often don't end up being true. |
11-26-2017, 08:34 AM | #6 |
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http://www.electronicdesign.com/powe...able-batteries
As with all other things EV, smart people will figure it out. Combine this or similar tech with the upcoming switch (next decade) to solid state batteries and thats two barriers lifted. It definitely isn’t “right around the corner”. As with most any other paradigm shift, it’s safe to ignore the folks at the extreme ends of the spectrum. In this case that’s, “ICE will be gone by 202x” and “EV will never work for the masses”. |
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11-26-2017, 08:54 AM | #8 | |
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The numbers don't lie. See for yourself. |
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11-26-2017, 09:05 AM | #9 | |
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But I guess we can log back on here in 10 years or so and see if the ICE is extinct and we're all driving EV's. |
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11-26-2017, 09:11 AM | #10 | |
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A manual transmission can be set to "comfort", "sport", and "track" modes simply by the technique and speed at which you shift it; it doesn't need "modes", modes are for manumatics that try to behave like a real 3-pedal manual transmission. If you can money-shift it, it's a manual transmission. "Yeah, but NO ONE puts an automatic trans shift knob on a manual transmission."
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11-26-2017, 12:08 PM | #11 | ||
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I am talking about what will drive the market moving forward. |
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11-26-2017, 01:42 PM | #12 | |
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11-26-2017, 05:49 PM | #13 |
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11-26-2017, 05:52 PM | #14 | |
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Again, my reply was to : Originally Posted by ORIGIN M. View Post Nice try. The death of ICE is imminent! |
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11-26-2017, 07:08 PM | #15 | |
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ICE will be dying. Regardless of what you are buying. |
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11-26-2017, 08:00 PM | #16 |
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11-26-2017, 09:48 PM | #18 | |
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Battery prices are the key to the equation and is drastically dropping daily. |
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11-26-2017, 10:42 PM | #20 | |
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The US domestic auto market sold a hair under 18M vehicles in 2016: http://www.latimes.com/business/auto...104-story.html China, meanwhile sold 24M vehicles in 2016: https://www.statista.com/statistics/...ales-in-china/ That's right kids, china is the world's largest auto producer, accounting for roughly 1/3 of the world's auto production, with the bulk of their vehicles being sold at home to their market of 1.4 Billion consumers. It doesn't take a mathematician to understand that despite being the biggest manufacturer of vehicles, China's own market is still in its infancy. They have massive room for growth and untapped consumers. China is also pushing the electrification of vehicles while the US holds on to status quo for dear life. So china's move to shore up cobalt reserves is, in my opinion, 100% self focused. They want to ensure a supply of raw materials to feed their own domestic growth and the hell with the rest of us. |
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11-26-2017, 11:26 PM | #21 |
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Until we run out of fossil fuels. Then we will be behind and scrambling. Thanks trump.
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11-26-2017, 11:30 PM | #22 |
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Actually gas and diesel engines can be converted to run on Ethanol or Bio Diesel pretty easily and those are renewable. So we can enjoy revving our engines and disturbing our neighbors for ages to come! After all, that's why we drive BMW's, isn't it?
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