Mobile Electronics are Driving Demand for Lithium

The phenomenal growth of mobile electronics is fueling demand for lithium. Cell phones and laptop computers are some of the most sought after products in the world and they are both powered by lithium-ion batteries.

Lithium is powering the wireless world and wireless communications are driving the enormous demand for Lithium. Lithium is a crucial component of the $65.7 billion cell phone industry. Last year one billion cell phones were sold around the world each one powered by lithium.

Wireless communications include popular international mega-brands like iPhone, Android and BlackBerry. These are products with huge, ever-increasing demand, last year there were 50 million Blackberries sold and iPhone sales increased over 600 percent. Cell phone producers reliant on lithium include companies like Nokia, Motorola, SamSung, and Sony/Ericson.

There are a variety of other technologies that are powered by lithium batteries like MP3s and new mobile devices like Apple's iPad.

Laptop computers are another major source of lithium demand. The 177 million laptops sold last year eclipsed PC sales for the first time. The fact that laptops are outselling home PCs, reflects a general trend towards mobile sources of power and lithium is the key to mobile power.

Blue-chip companies are investing in lithium because they know that for the foreseeable future lithium batteries will provide the energy for all the most popular mobile electronics. This makes lithium one of the greatest wealth making opportunities of the century.
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Electric Vehicles Will Drive Demand for Lithium

Lithium is a key ingredient in the power plants of electric vehicles, prompting Public Broadcasting (PBS) to say that, "Lithium is a metal which may soon make our old-fashioned, oil-dependent vehicle obsolete." Technology Review has said that,"Lithium batteries are driving a renaissance in electric vehicle development."

Lithium battery powered electric vehicles come in a range of sizes and configurations from tiny unicycles to large transport trucks. Toyota's Prius is a well known hybrid vehicle that has been a commerical success for years followed by Honda's Insight. Nissan recently inaugurated an affordable vehicle called the Leaf and most car makers have already released hybrids in a range of classes from subcompact to SUV.

After investing one billion dollars, General Motors is coming out with the highly anticipated electric car called the Volt. With the help of lithium batteries, GM estimates that the Volt can get 230 miles per gallon.

BusinessWeek magazine says, "Large and niche automotive makers are declaring the electric car the vehicle of the future..." The Financial Post reports, "people are realizing there are going to be an awful lot of lithium batteries used in electric vehicles."

The Wharton Business School raves about the electric car saying "the global impact would be enormous." As reported by the BBC, Mitsubishi expects that the demand for lithium will outstrip supply.

The coming explosion in electric vehicles makes lithium a sound investment.
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The Best Eco-Inventions of 2009: Transportation

The Nissan Leaf: Launched in August, the Leaf is the first fully electric mass production vehicle built for the global market. Nissan has developed a worldwide network of partners focused on building a recharging infrastructure. The car's top speed is more than 90 m.p.h. (145 km/h), and its range is 100 miles (160 km) on a full charge. Nissan will produce 50,000 Leafs each starting in the fall of 2010.

Air Car: A San Jose, California based company called Magnetic Car Care says that a car that runs on air and magnets will be available in 2010, India's largest automaker already has an air powered Car. The Tata Motors car runs on compressed air and reportedly costs less than $18,000.

YikeBike Electric Bicycle: It weighs about 20 pounds, runs on a lithium phosphate battery, folds into a small carrying bag, and moves at up to 12 MPH.

World First F3: A Formula 3 race car developed at the University of Warwick runs on a mix of chocolate and vegetable oil, has a coating on its radiator that converts ozone emissions into oxygen, and components made with carrot fibers, potato starch and cashew shells.
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Next: The Best Eco-Inventions of 2009: Consumer Goods / The Best Eco-Inventions of 2009: Education / The Best Eco-Inventions of 2009: Food and Water

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