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New cars will fix lithium giga-bites

The future success of giga factories that will produce lithium ion batteries will depend on the degree of penetration of the Tesla Model S, Chevrolet Bolt and Nissan Leaf electric vehicles (EVs), Simon Moores, managing director of consulting group Benchmark Minerals, told participants in the battery materials seminar at the 5th Current Trends in Mining Finance conference organised by the New York section of the Society for Mining, Metallurgy and Exploration.

New cars will fix lithium giga-bites New cars will fix lithium giga-bites New cars will fix lithium giga-bites New cars will fix lithium giga-bites New cars will fix lithium giga-bites

Sales of the Nissan Leaf (pictured) and two other EV models are integral to the success of gigafactories

“For the giga factories to take off and work on the scale they are promising requires sales of these three vehicles to take off. These three are the dawn of the semi-mass market EVs,” he said.

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