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The place with the most lithium is blowing the electric-car revolution

At a time of exploding demand that has sent lithium prices up 750% since the start of 2021, industry analysts worry that South America could become a major bottleneck for growth in electric vehicles (Photo: Reuters)Premium
At a time of exploding demand that has sent lithium prices up 750% since the start of 2021, industry analysts worry that South America could become a major bottleneck for growth in electric vehicles (Photo: Reuters)
wsj

A California-sized piece of South America is stifling production of the metal at a time when battery makers desperately need it

SALAR DE ATACAMA (CHILE) : Hailed as the Saudi Arabia of lithium, this California-sized chunk of terrain accounts for some 55% of the world’s known deposits of the metal, a key component in electric-vehicle batteries.

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