Why The U.S. EV Industry Is Facing A Battery Shortage
U.S. automakers are finally making bold commitments to electrify their fleets, but in the short-term, there may not be enough lithium-ion batteries to go around. While China dominates the battery manufacturing supply chain, and Europe is working to catch up, the U.S. still lags far behind. As batteries become a matter of energy independence and national security, here’s what the U.S. can do to catch up.
As automakers continue to grapple with a semiconductor shortage, some experts say the next supply chain crisis for the U.S. could involve lithium-ion batteries. As companies like GM, Ford and a slew of start-ups are ramping up their electric vehicle ambitions, current battery production in the U.S. will not be able to keep up with demand.
Though the U.S. does have a handful of large-scale battery manufacturing facilities, including Tesla's Gigafactory which operates in partnership with Panasonic, a trade dispute between two Korean battery makers, LG Chem and SK Innovation, threatens the future of a new battery factory in Georgia.
Watch the video to learn why the U.S. has fallen behind China and Europe, and what needs to happen in order to avoid a bottleneck in EV production.
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Why The U.S. EV Industry Is Facing A Battery Shortage
One day, when another country is throwing around words like national security to do stuff, usa will have no one to blame but themselves.
Much of insecurity experienced by the masses of human kind is caused by those who already have so much talking about their own "national" security left to the hands of a few who think only of themselves while purporting to be concerned for "the nation". We are a long way from security of the world.
SO....IT IS BEST TO HAVE A USA PRODUCTS !!!COST HIGH..' NO PROBLEM....CAN PAY.
This is the result of politicians focusing on short term goals to win reelections
A heavy dose of blame rests on incompetent policy makers, I agree with you there. In addition, CEOs are too short term focused. Basically every legacy automaker has sat on their hands for the last two decades without properly investing in electric vehicle R&D, and also failing to put in place the requisite battery manufacturing infrastructure.
Too many MBA's blithely put in positions of power to run EXISTING companies. They aren't starting new companies, but are merely masters of the shuffle. Most don't really understand how their products are created and produced. Just over-hyped CPA's, in my mind. If they were/are so clever, why didn't they see the electric car, battery storage, solar roof, etc. revolutions coming? Ford, GM, etc. are top heavy with these leaches.
Republicans are the end of America
It's the voters fault. Politicians are mirrors of their base.
tesla alone produced more batteries in 2020 than the entire world in 2015. There is no 'battery shortage', just legacy automakers that dont really want to make electric vehicles so they have bothered setting up any substantial battery supply chain. Every company that needs batteries has them; its basic management.
A chip shortage, now a battery shortage, what a wonderful start to the decade.
Tesla is really the only company with a genuine prospect of actually, being able to produce enough batteries fast enough for their needs. See battery day
This is not new, the US relies on China heavily.
@@RNA0ROGERIf not for elon china would be ahead of the US in every way
@@joecasella3063 Rely on China and won't invest in getting the jobs of the future to the U.S.
Wow. Never saw that coming. As if putting your head in the sand for the past 30 years could backfire.. mindblowing..
Republicans are the end of America
Big government in China. Versus "free "market" and tax cut enjoing "job creators" and creative entrepreneurs.
On a side note the contribution of Capitalism for lifting people globally out of _extreme_ poverty also does not look good. Deduct the contribution of China (which has an odd mix of socialism, to down planning, and capitalism) - and there is not much left for self congratulatory statements of Western politicians and statisticians. We need industrial mass production to improve standards of living not Capitalism(the productivity wins make it possible IF the lower classes get most of the gains, but the Western oligarchs haven't figured that out, in the Golden Era after WW2 the stars aligned and workers had a good run for 30 - 4 years. But only in developed countries. Interestingly the tyrannical regimes in China and Soviet Union (with partially highly inefficent top down micromanaged production) also achieved a LOT. One could say India and China started in the same postition. In India Modhi won his first election with the promise of more toilets, a functioning sewage system is NOT an issue in China). Consider the terrible toll of WW1 and WW2 on Russia and where they started in 1917. There were a lot of poor people also in Europe and the U.S. but it was worse in Russia (as a rule of thumb they were at least 100 years behind the rest of Europe). In mid 1950s the Soviets had somewhat recovered from the worst fallout of WW2, educated the children of the poor peasants of 1917, and challenged the U.S. in the Sputnik shock. In 1917 they had a very high illiteracy rate. And whatever was bad in Russia - it was worse in China. The peasants were desperately poor. So poor that Mao campaigned on one bowl of rice per day for everyone (I think FDR told the voters in the 1930s about a chicken in the pot on Sunday to give some perspective).
hindsight is always 20/20
Democommies destroy everything they touch
Isn’t there like a shortage of everything at the moment I feel
Seems like it. Lumber, labor, food, etc
Not in china. Cuz they produce eveything
@@reardelt not nessisarily. They don't produce homes in the US.
Enida Bonghit no, but we produce everything in them.
This shortage is different, more similar to the shortage of vaccines
EVerything is related to the national security for the US, LMAO
This is how they slowly take control. Lol but yes that’s was funny. 😂
Truth is, we are in the process of repressing and containing CN. We cannot be dominated, lol.
@@RoughNeck777 lol yeah right wer3 looking sad
Regime change agenda will be modified and expanded to meet EV battery demands.
Next, ban all Chinese restaurants for national security concerns.
I just bought India's first Tesla, paid almost 100% import duties..... sadly there are no charging points in Gurgaon, I can only charge at home using the adapter
Lair. Tesla has yet to open a branch formally in India let alone sell their cars.
@@gotfan7743 He can import car, right?
Lots of people in lots of countries are bringing in Teslas. Unfortunately , Tesla is not represented in those countries so service must be performed by shipping the car to the nearest service center. Charging can also be an issue. Having a charger at their home is the most viable solution to charging in a country without Tesla support and a Supercharger network. I know of hundreds of people bring Teslas into Bangkok, the car is perfect for their traffic as sometimes you can sit for 15-30 minutes without moving and with electric to lose little energy while just sitting. There, a home charger is a partial solution since charging at night will result in a “full tank “ in the morning. Long trips are a different matter, so most Teslas brought into non supported countries are mainly used as second or third cars.
@@Saurabh.P Yes he can but this guy specifically said India's first Tesla which implies Tesla is selling in India which it is not. There are quite a few Tesla cars already in Mumbai which are imported. The owners know the limitation of their Tesla cars given their lack of charging infrastructure. So I don't know what this guy is whining about.
@@gotfan7743 make sense.
Love these short videos, spot on👍
Perhaps the time has come for me to build a battery megafactory.
gigafactory
@@puertousbmonkey Terafactory
You have to watch out when those batteries wear out they are very toxic to dispose of. Think electric cars are going have more something like they have in Formula one, that seems more practical.
@@avinashtyagi2 pecafactory
@@technicalyadav2563 Exafactory
You should do a story on the US National Foam shortage. Mattresses, Furniture, and vehicles are taking a toll.
What wait a minute we got a national foam shortage?? 🤯
@@michaelbishop3439 yes sir. We were already behind, but the winter storm set up back several months.
@@geo24dude Damn I did not know about this.
@@michaelbishop3439 Good example. Place an order today for a Sofa, it takes 2-4 months to arrive. Do a special order, takes 6-8 months. Pre covid-19 in stock or within 6-8 weeks even on special orders.
MR Biden Are we competing with our selves with our past? what are you doing? 21% global tax will you force G20 Longterm goals? Share holders will ok that? co-operation will raise prices even oil prices capitalism greed will increase due to covid-19 Obama 2009 remix nothing new
Sadly too late. I've been saying since the Model S, the competition should start their battery manufacturing soon as the only way to face Tesla. Yet, no one is willing to put out cash since Tesla was too small.
Republicans are the end of America
@@frenchonion4595 Boy, are you behind the times.
@@frenchonion4595 i guess investors are too dumb to pour billions in tesla
@@frenchonion4595 So you follow the sheep and walk in the deposits they left behind. If you think Tesla does not make a profit you are behind the times by two years.
@@earlpottinger671 Well.. Gordon Johnson needs 1 believer...
5 years ago, ICE dealership literally will not sell me an EV. "We just sold our 3 EV in stock an hour ago. But we have great deals on gas models." Our previous president worked tirelessly for 4 years to revive coal, oil drilling...
Republicans are the end of America
@@donnydump7650You're right. "There are none so blind as those who will not see." ~John Hayward~ The republicans are either turning a blind eye because they are benefiting from the current situation, or are too stupid or ignorant to realize what is going on. With the schools teaching to the lowest common denominator (the stupidest person in a classroom), the No Child Left Behind bill ensures an ignorant electorate who needs to be told what to think because they are not taught to think for themselves. Most blatant dumbing down of students I've ever seen, except the following: the 2012 Republican Party Platform stated: "We oppose the teaching of Higher Order Thinking . . . critical thinking skills . . . " and other statements that showed the Republicans wanted a decline in a thinking electoric, because maybe they couldn't win if more people were taught to think on their own? When this became public, the party said it was a "mistake." How many people read, retyped, and set up the printing of the platform? It was a "mistake," as a defence of this deplorable situation? Get real! Saying it was a mistake is insulting to everyone, since the party thought we were all to stupid to see through that lie. And that was before the Orange Thing was in office!
US is losing to china every second in tech & manufacturing:(
In manufacturing, yes but not in technology.
@@n3gi_ In tech too. remember 5G!
@@n3gi_ most US technology is created by Chinese or Asian immigrants coz most local Americans are busy with social justice issues LOL. If the US still has such a terrible environment for Asians, especially Chinese immigrants, I doubt in 10 years, even in tech, the US will be far far behind coz no one wants to move to the US anymore.
@@qusi1989 Apple, Tesla, Google, Facebook, Microsoft, and Amazon where all founded by Americans. Some of the largest tech companies in the world. China is pretty big in manufacturing I will give you that.
@@markball7028 Founded = The one who have money to pattent with their names
Sheeesh. This country has become such a disappointment. We’d probably have a lot more money if politicians weren’t lining their pockets.
You can thank the oil industry, they didn't want to leave when it was time.
Republicans are the end of America
This is a lobbying problem. Those politicians WORK for their donors who re people like the oil industry etc. THE problem in America is That we SOLD our Govt to the highest bidder , and those guys make the govt only work for them !
@@TheHeavenman88 well said
Blame the foreign wars, the Military Industrial Complex, the corruption of politicians, the lobbyists of special interests and a dysfunctional political system.
Supporting Lithium batteries and EV industries are much, much better than supporting oil (carrier battle groups and bases)!
Lots of people say they like the "gas guzzling" experience of owning an ICE car. But tesla can easily make a ICE mode, by adding a gas perfume in the car, disabling home charging, reducing accelleration by 95%, adding speakers and gas guzzling sounds, and increasing vibrations in the engine and car , and purposely misalligning the engine magnets to increase inefficiency, as well as disable battery management system 99% of the time to increase fire damage and fire chances by 100x to match that of ice cars These simple modification will allow people to get the gas experience while still riding tesla.
Yeah! Sort of like dating a robot woman.
While bothering to do what you suggested, when we could be building Plug-in Hybrid Electric Vehicle (PHEV), having a real gasoline engine to produce all the noise and vibration and gasoline fumes that anyone would want. A plugged-in gasoline-electric hybrid (PHEV) requires only 1/5 to 1/10 of the battery capacity of a long-range Battery Electric Vehicle (BEV), yet can be driven on battery electricity for 80% of its total mileage. It would make more sense to build mostly PHEV for now, when battery production capacity is still the limiting factor.
The way she pronounces Jaguar lol
Jag-wire. Lol, it's pronounced Jag-yoo-er.
Jag-war
It's " Jag-you-aaah"
I've always wanted a green 1984 XJ6. I call it my dream car👍
@@leoak it's an animal native to this part of the world so we'll call whatever we want to...
And china will practically own africa's mining scene.
china loves it cheap materials for just building basic infrastructure
China already debt owns swathes of Africa.
@@dvoiceotruth You will not OWN resources on foreign soil unless you have boots on the ground, like the U.S. is doing in Iraq and Syria. I don't believe China will do that in the foreseeable future. China is buying lots of raw materials from Africa, some Chinese companies are even shareholders of those mines, but when it comes to regime change, either in a democratical manner or coup, if the new administration determined to nationalize the mine, there's nothing that the foreign investors can do.
I dont like what the chinese doing in Africa. BUT i also dislike the "west/us" the message comes through..."we are superior.. bla bla.. and we need to dominated the EV mark..what ever it cost-war"
@@tigre3droyce771 Would you kindly elaborate on what Chinese behaviors you don't like about? And, did you have personal countering with Chinese business person or engineers, or just hearsay?
Build battery factory -> needs local government funding -> need to create jobs -> American needs high pay jobs -> factory full automation -> government say "fxxx you" -> factory move to Asia
Government passes law demanding batteries used in US EVs are produced inside the US -> factories stay in the US
Fu$$ I'll just buy Xpeng ... they are too expensive
@@TheOddWorldOfJonas US battery will cost more and US EV will cost more. Same pattern like 1980s repeats, us consumers will buy japan, korean EVs fixed with chinese batteries. US EVs goes bankrupt and need to be rescued.
@@dineutong2006 hence we will return to gas powered... problem solved
@@dineutong2006 Oh my God, just limit or forbid imports then. If they truly consider this a matter of national security all of these things you're mentioning are absolutely irrelevant, the "free market" isn't a fundamental law of physics as far as I know, government still has the power to legislate and regulate, just look at Trump's protectionist measures these past years and the trade war with China. The pentagon isn't going to use China's software or 5G just because it's cheaper or more efficient or whatever is it? No, because when it comes to national security that *doesn't matter.*
How about we just invest in public transit and walkable cities instead of the boom and bust economies of private transportation...
Stop wasting life in traffic alone in cars...
Yeah, instead of talking about battery shortage for electric cars, they should talk about why does everybody needs a car?..
That’s the first time I heard an American pronouncing it “Jag-wire”
Some people say it that way. Then there are the Brits who say Jag You Are.
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Came looking for this comment.
Its always been jag-wire.
Republicans are the end of America
So we can create new “green” mining jobs. Those oil miners need something to do
Bro you don't mine oil. Maybe the coal miners can do the mining instead.
What a uneducated fool
@@RayRayP2001 last i check shale oil had to be mined
@@nipponsuxs ok shale does have to be mined to extract oil from those rocks through a lengthy process. but what I mean is actual liquid form oil is not mined, it is drilled and pumped. Also i mean have the coal miners dig the Lithium battery minerals instead of coal.
It´s why I laugh so hard when they say "Ford and GM are coming for Tesla" . They don´t even have a plan to build their own battery factories.
GM and Ford are going to use there Tier 1 suppliers to build battery packs for them. GM's biggest Tier 1 supplier, Magna International, partnered with LG Chem to provide batteries for a Magna built battery pack. Why would GM and/or Ford want to build their own battery factories when they have a massive & proven Tier 1 supply chain that will design/build it for them? All automotive companies have their tricks when it comes to "making it happen". Tier 1 suppliers are that trick...
@@petersonj8 GM is building a battery Gigafactpry with LG Chem. It costs $2B, takes 2 years to get online, and will produce 40GWh of batteries, enough for (checks notes) 400k BEVs. GM will need 10 of these factories over the next decade to make 400GWh for 4M vehicles, and still won't be won't be 100% EV. Meanwhile, Tesla's 4680 cell GFs will be making 2,000GWh worth of batteries by 2030, enough for 20M vehicles. If GM and Ford wait for their Tier1 suppliers, Tesla will have already eaten their lunch.
@@petersonj8 Meanwhile Tesla has a pilot plant in Fremont that has a capacity of 10 GW for a single line and is about the 10th largest operating battery manufacturing plant in the world with plans to have up to 250GW manufacturing capacity ate each of it's gigafactories plus a roughly equal volume from LG, Pana, CATL etc over the years, each of which is committed to building high volumes of Tesla's 4680 cells
@@petersonj8 perfect! So they will stick to their traditional approach, gives me even more confidence in Tesla. Battery tech is the future and the less the traditional OEMs know about it, the better it is for Tesla.
It's too late for Ford and GM. They have to worry about sun-setting their ICE business. They are on a big disadvantage already. Just like the Newspapers and their printing press.
The consumers aren’t rushing out to buy EV even if it was available. We love our V8..
Tesla plaid has beaten mclaren, lamborghini etc. It's done v12 or diesel and gas is over
@@jackman2865 it is IPMsynRm Motor vs internal combustion engine...
In 2019, the world's Top 5 lithium producers were: Australia - 52.9% of global production. Chile - 21.5% China - 9.7% Argentina - 8.3% Zimbabwe - 2.1%
Hard times are the best times it makes us more reseliant. Hard times create strong men , strong men create good times, good times create weak men...weak men create hard times. Right now we are in the hard times. We need to stop being puzzies, instead of worrying about helping transgender soldiers become women or men by paying for there surgeries we need to worry about everything else to compete with China
Lithium will be out in a few years as batteries switch to more sustainable and plentiful elements
@@TheZachary86 like what
@@TheZachary86 Lithium is very plentiful. What are 'sustainable' elements?
@@TheZachary86 lithium is the next oil i think.
I just came from your video about JB Straubel's Redwood
Didn't realise Jaguar had an ire at the end lol
Its the electric version.
The u.s can't even decide on a universal charging port for the EV market such a mess can you imagine your gas tank having three different sizes you having to drive around different gas stations find the right size nozzles that's what you have to do with electric vehicles right now ridiculous .
Isn't diesel and petrol different nozzle sizes.
@@Robert-cu9bm Not really only the color of the handle. Diesels is usually green.
@@GamerbyDesign They are here in Europe and Oz. Petrol has a smaller nozzle, so you can't put the diesel nozzle into a petrol car.
CCS won, keep up. Chademo is obsolete, and Tesla is making their chargers and vehicles CCS compatible.
Coming to America? Is this an old report? "In 2008 Tesla Motors released its first car, the completely electric Roadster. In company tests, it achieved 245 miles (394 km) on a single charge, a range unprecedented for a production electric car."
...it won't go anywhere without batteries.
This video is about battery manufacturing.
@HahThatsWhatSheSaid I just rode in my friend's Tesla Roadster this past weekend. There are plenty of them still on the road and running fine. Also, a Tesla Roadster, even in poor condition, will bring a minimum of $40k, and most still sell for around $70-100k. Some will still sell for as much as $130k. So the value of the car is far higher than the cost of replacing batteries. Those old roadsters had battery packs assembled by hand. The modern Tesla battery packs for Models 3, S, X, and Y are much cheaper.
Thanks for watching! For your guide and analysis text now +_1(""~"3"""8)"""6""""+7""~"4""~"2""~"2") '"3"'"6"""~1
Republicans are the end of America
Why would anyone want to build a factory in America with these crazy taxes and regulation?
True. We gotta do it tho. A buddy of mine is about to start a wire extrusion business because of the fence wire shortage.
Because the raw material industry around the world is very very dirty and no one is even talking about. Its very toxic the production of raw materials.
You got the whole story line messed up. During the 1990s, some well-oiled oil-related politicians families sabotaged the establishment of the EV industry, when the US was still leading in this field. It is a history similar to how the gas-related oligarchs blocked the development of public transportation by buying off all the train lines and similar transportation while deploying the propaganda of owning ones' own vehicle and driving highway everywhere. And when AmTrak becomes a passe, no high speed rail could ever be established in the US. Pure greed and selfishness enshrined in liberal capitalism, as practiced in the US, and predominantly in Europe as well.
@@lexneuron Source?
@@ChrisGilliamOffGrid , On the promotion of automobiles, thereby eliminating public transportation --> Why The US Has No High-Speed Rail (CNBC, May 8, 2019), kzhead.info/sun/hMWfZsaZfKdmkq8/bejne.html. There are several reports on that matter. ------------------ On the sabotage on Electric vehicles, there was a documentary and several related reports on that on PBS NOW (a program that was scratched/scrubbed a decade ago). I used to keep those videos and webpage prints, but I lost them when switching from laptops to laptops over these years. If somehow they could be found again, they will be forwarded to you for sure.
Imagine deciding to invest in the EV value chain up and down 10 years ago when the industry barely existed?! Leave aside the analytical skills, that’s some bold state entrepreneurship and excellent coordination! 👏
You bring up a lot of good points
I love CNBC documentaries. Just telling the truth, no narrative, no false syories, just the facts. Keep up.
I'll assume you were cynical here
A brutally honest analysis. Kudos.
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We need a lot of lawyers to sort this all out.
@@cnbc7698 Really?
Great piece
First a chip shortage and now a battery shortage
& lumber (at least the price)
Booming economy.
Battery shortage has been there since Tesla really started ramping up production and other companies started catching up. It isn't new, its just that now other companies are following Tesla in the EV space and the battery market isn't there yet. The amount of batteries needed for the EVs is quite enormous.
@@paliewallie you forget the devices and tools that we use daily, more and more équipements are been electrified too. There is also storage batteries.
@@carholic-sz3qv yeah sure, but its even bigger since the large adoptation of electric vehicles. Battery manufactueres didn't consider the rapid adoption. Electric vehicles need much more batteries then your iphone or laptop ;)
Thanks for better than usual KZhead content! I guess everyone now knows that SK settled with LG for like over a billion dollars, so there shouldn't be that disruption anymore.
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Meanwhile at dodge.... V8 go brrrBBRRRRRRRRRRR
Every one of those style batteries in my life has weakened and finally failed and not replaceable in many items that otherwise worked fine.
Go all electric by 2035... by 2055 there will be stories on how we have a massive battery recycling problem.
That's already basically solved.
@@davidmccarthy6061 Will it keep up with the demand that's coming? They already said mining is cheaper then recycling the battery components. It's the same story with plastic.
@@GamerbyDesign not sure that's true, but Lithium will increase in price. Battery companies are expecting this, they have margin to work with.
@Frank KingThen why is is cheaper to mine new materials instead of recycling them?
Seems like every other country is playing chess while the US can't even play checkers.. God help america..
Republicans are the end of America
Jagwire !! yeah I believe you honey 🐆
exactly what I was thinking lmaoo
Must be a new car company. Jagwire! LMAO.
I hate when ppl pronounce it like that.😖💀
JAGWIRE BAHAHHAH
@@FNJ720 Same.
It’s funny because ever since the pandemic started, we’ve been in short supply of a lot of things that have nothing to do with the pandemic.
lol true
Jeez it’s like everyone couldn’t work for a while bc of covid-19. You’d think people produce things when they’re working huh
there is a reason for that. After the pandemic, politicians need to blame China for diversion, and since everything were shipped from China...
Republicans are the end of America
@@Archchill You didn't get the point. Half of the things coming from China. You need to realise that the world still need China.
Hydrogen Fuel Cells should be looked at as an alternative to Batteries.
Depending on one stream of income had never made any millionaire and earning check don't put you on forbes
Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.
I totally agree with that
Crypto is the new gold
You are right, in the past I tried trading on my own but made almost no profit until I was link to a professional, the result was exceptional
My first investment with a professional earned me $4200 with $1000 in less than a week
U.S. automakers should have started producing batteries 10 years ago, like Tesla did. It was an easy calculation, and they choose to not to go green, they choose to keep making poluting ICE cars for as long as possible.
Tell me when the US has been in the forefront of development. They have been fight everything making cars better and safer. Just remember their fight against seatbelts....
U.S. automakers, like all other American businesses, are for making money and avoid taking risks. China's State Capitalism has the money to seed new industries,
Why build factories to make batteries when you can print all the money in 10 minutes that can buy all the batteries you'd need for 10 years?
that's why US always has a trade deficit.
Interesting Video!😃😄🙂
We are moving towards future with no kind of boundary... National or political...
America is like "oh its about money, Im now very interested!"
I wonder what Dodge is planning on doing. Seems like they aren’t shying away from ICE, and if anything, just making them crazier by the year.
LLKKF - you're welcome
That means this drive for electric cars will have huge negative consequences for the environment. The mining and fabrication is very toxic and environmentally UNfriendly. The batteries will NOT be recycled because it's cheaper to make new batteries. This is an ecological time bomb in the making.
Replacing one limited resource (oil) with another limited resource (rare earth metals) is not very forward thinking... not to mention that mining for these materials is far from a clean business.
Exactly!
When humans gave up the neolithic life when all the energy is powered mainly by sun, they are destined to cross the Rubicon. What can they expect?
Yet the charging network needs a major change and make their current charging networks! Plus if they were really serious they would require Condos and Apartment buildings to provide level 2 charging for owners/renters!
Some areas do. Like Cali and here in GA there is a county specific code requirement passed that any commercial building built after 2015 has to have so many pre wired ev capable spots. The utilities need to get smart right quick and start jumping on offering incentives to install chargers. As they stand to make the most profit from ev use and they can actually shift time of load through smart charging with enough chargers installed. 🤔
Will el cars function at minus 25 C in Canada for 400 km ride?
Some batteries will others won't so will have to be careful what you buy.
Great video
In future average economy of lithium ion battery vehicle will be more expensive than combustion engine vehicle.. Only solution is new tech in battery..
Yes next tech/Generation batteries or power train.
Not true
@@neeljavia2965 4680
@@neeljavia2965 true. demand for lithium growing. Rising demand = rising prices. Lithium is finite..
@@maruthimaruthi3720 it's literally one of the most plentiful substances on earth's crust
Why am I suddenly getting ads circumventing my ad blocker?
Building electric vehicles is good but we should also know that raw materials required to build these vehicles are non renewable so we need to focus on recycling the old vehicles for those materials and salvage whatever we can Going electric looks cool but needs to be handled in a proper manner if it truly has to make a difference on the environment
*Then:* _Invade because of oil_ *Now:* _Invade because of lithium_
Careful invading Australia for the lithium... Even the Australian military couldn't take on the might of the Emu's!
Lithium is a globally abundant resource. Nobody has bothered prospecting and developing US supplies because foreign supplies were more then sufficient until EVs massively increased demand... 3 years ago.
More like cobalt and nickel. If only there were rocks floating around in space.....
Excellent content!
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Didn't this get posted last week or recently or something?
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This is one of the best channels I follow
Best channel? NBC REALLY? Let me guess, You voted for the alleged press Biden 🤣🤣🤣🤣🤣🤣🤣🤣.
@@jeffthomas5291 just let me know if this was a joke so I can try to laugh
The U.S. have a long ways to go to catch up with the Chinese firms producing batteries and this sales would improve the economy here and make the companies producing the batteries the largest industry in the nation.
Every body know US is Dumb at mass and elaborate manufacturing which asians are good at. chips,, batteries,,phones
A good competition for all consumers worldwide.
are gigantic subsidies mentioned really "competition"
No. Competition is between similiar countries. When one doesn't follow basic ethical norms , doesn't allow foreign competition, uses unethical means to gain access to technology it is not a fair fight. China is a curse on this earth and we should all pray for its disintegration.
@@aamirsheriffuno Arey bhai..! you listen too much to western lies. US and the west never follow ethical norms in anything, not only in business or technology. China does unethical practice, so does US and Western countries. It's just that when the US/West did it, they made it seems like ethical because they made the rules - "What is ethical and whats not" not china or India. US stole/forcefully snatched many technology from Japan and other nations unethically. Remember 'Toshiba Chips'?? Don't forget US is a bigger threat to India's growth and progress than China. Remember, US is against Indian Govt. subsidy on "Food Security" citing WTO violation but US themselves is the biggest provider of agriculture subsidy to their farmers, US also opposed India's solar panel domestic policy because they want India to buy more from them disregarding our own domestic manufacturer, they fund many NGO's in India to object Indian government projects, they threatened India with retaliation just last year on hydroxychloroquine, they stop India from doing business with Iran where India lost strategic chabahar port to China.. so on and so forth. Know your Real ENEMY. Its not CHINA. Its the West led by US. Be warn.!
@@kolviczd6885 I remember only two things: 1) It was the threat of US and UK entering the 62 war from India s side that forced China to vacate Assam . 2) China bans Google and other social media services from its countries but expects us to use its IT by hardware. Thankfully I and you can sit in India can freely talk. These same comments made in China would have meant "jail" for us.
@@aamirsheriffuno Your reply and thought process just proved that you are brainwashed by the western media. Please enlightened yourself with more balance views on India's foreign policy, China's reality (not western media), interference of foreign power in India's internal affairs, especially by US etc. 1962 war? Remember USA was with Pakistan during 1971 war? Good for China that they ban US surveillance tech like Google and facebook in their country so that they can function independently in their development and progress, unlike in India where US can dictate and tell us what we can and cannot do in our own country. Also, did you not see Facebook has leak 533 million user personal data just a few days back, including millions of Indian user??. I mean China is not a country we like, but believing in US lies and false propaganda is just ridiculous if one knows their true intentions.
Incredible video thanks for sharing , I think this whole series about case studies is a great educational project from the CNBC Thanks a lot blessings
Republicans are the end of America
Oh My...... Thanks much here.
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We need to figure out how to reuse/remanufacture/refurbish old batteries. Resources are limited, bad for the environment, and when the batteries lose their ability to recharge or the vehicle is totaled in a collision, they end up as waste.
They already do. Too expensive to just "throw away".
We can use it as a power wall to store energy made from solar.
@@manjeetkolte8601 this needs to be a thing. Like, all EVs should become their own “power wall.” During the TX winter energy crisis, we had a fully charged Tesla and a bunch of Leaf batteries we’re using to convert an old classic pickup to electric. Couldn’t power anything outside the vehicle. We have solar panels, but can’t store the energy beyond our vehicles. It all goes straight back into the grid, and the electric company credits our account.
Nonsense, we don't even have enough produced batteries to recycle them or make enough batteries to cover the demand.
@@UmmYeahOk My Tesla solar panels and powerwalls got me through the 44hr Houston blackout A roof without solar is a waist of good space ☀️⚡🏡
EV and Renewable Energy should be the future but only time will tell
I guarantee it is the future.
There's a shortage of credit card machines as well if you're an owner of any stores. It's taking literally 2 to 3 months.
America would consider battery as national security 😂
Thanks for the review +1
Also would be nice to research ways to recycle 100% of a used battery.
There are a couple companies already doing that. Although most often after the car is done the battery is still fine and goes on for more years in energy storage systems.
Look up American manganese, they do 100% recycling, I find it hard to believe that recycling batteries is more expensive than refining ore.
@@tonystanley5337 its same with concrete and plastic, Its possible to recycle but to expensive.
@@sn5301679 except battery materials are in sort supply so there’s way more profit in recycling batteries.
This already exists. Lithium batteries aren’t new and we already know how to recycle them. As battery manufacturing ramps up battery recycling will only be a few years to a decade behind. However there isn’t currently any real need to recycle batteries. The Tesla Model S only came out in 2012 so the first gen car’s batteries only recently exceeded their warranties so only a few tens of thousands of EV batteries are starting to approach the age when they might need to be replaced. They can then spend another decade as grid storage before finally being recycled. Lithium EV batteries can have lives lasting decades.
Good thing Tesla is building new battery production as we speak. And already ramping up production. I remember it was not that long ago people were making fun of tesla for building massive battery plants.
isn't it crazy how they was talking down on tesla lmao now it's the most valuable car company in history and it's only just starting out.
🤦🤦 let the sheep speak....🤦🤦
@@a-don13 Valuable in fake Money. Not tangible assets.
The batteries are still made by Panasonic tho. So nope.
@@a-don13 wtf does that have to do with batteries!? When even tesla struggles to have enough?! Its going to be harder and harder to get lithium if they don't find a better solution or develop a next generation battery/power train.
We good at killing mining or drilling fast and yet we are also slow on investing on new technology.
Do people still use non rechargeable batteries?
my god just go watch Telsa's battery day presentation, Elon Musk has this planned out 4 years ago..
Seems like Tesla is the only company that has the battery issue under control. No one else is anywhere close.
That’s why we need interdisciplinary STEM leaders, not some MBA dude as CEO.
Cannot agree enough considering what Tesla has in mind would allow them to produce more batteries than the whole world combined several times over.
I like beer 🍻
It makes me a jolly good feeeellaaah
Careful now!! Your words may cause a hiccup in the supply chain that causes an imperceivable spike in demand which then results in a global beer shortage.
@@johnbee7729 it’s okay I brew my own. I do live in Colorado... I think it’s the law here to brew your own beer and grow ur own weed. Thanks for getting the word out though lol.
No one can afford the battery made in the US. Who wants to pay $130k a year for a miner in the US while it costs $12k a year in China.
Oh no water shortages now batteries
And that’s why I invested in Quantum Scape
losing a lot of money, aren't you?
Talk is cheap. I’ll believe GM and others when I see considerable amount more EVs and factories
Well SK wasn’t really negotiating in good faith with LG when it had opportunities to settle. Just overturning it would be a bad precedent and LG needs to be appropriately compensated
It would be nice if both realized they could make tons of money by partnering. Perhaps a licensing deal is needed.
@@johnbee7729 well today there is news that they reached an agreement
@@bluerationality I just saw that news.
Why are we not going Hydrogen if batteries are not sustainable?
China is the world largest producer of hydrogen, they produce about 1/3 of all hydrogen in the world today..we are behind china in that too...
American battery metals ( ABML ) The company is focused on its lithium-ion battery recycling and resource production projects in the state, with the goal of becoming a substantial domestic supplier of battery metals to the rapidly growing electric vehicle and battery storage markets
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Not everything is a national security threat ffs
not in the strict sense, but when you are a superpower, the tiniest thing that can undermine your position gets treated as that. In short, many times when national security is used, its not about security but about maintaining your dominant position. A perversion of language? sure, but that is everywhere.
It's getting ridiculous.
it's sad to see that India nowhere in the battery market. No push from the government neither from private companies.
Perhaps they know something about flying carpets.
Indian politician are all talk and voters worship them ..while the world is moving ahead and india is always at lower end
Keep the EVs for people who dont care about cars for me i'll take an ICE car any day i prefer to listen to the engine sound 👍🏻
I hope US could catch up in this race, but us economy and even politic being so much petro-centerd, so I think ,walking into this direction wouldn't be an easy task !
long term youre going to loose then
Tesla is a us company. They will produce the most batteries in the world 5 years down
@@Raylen_Fa-ield bs. there are about 10 gigafactories being build in germany alone and only one of them is from tesla
@@Marvin-ii7bh but tesla will be manufacturing massive amounts of batteries in at least 5 different factories after giga texas. What's more they will not stop making more factories so in 5-10 years that number could double.
@@Raylen_Fa-ield but there are already manufacturers with bigger capacity in asia
Yeah, I forgot Tesla is in the process of building 1 battery factory that’ll have the same annual battery production as 100 current battery factories.
Thats totally false, stop talking nonsense.
there is no thing such as "100 current battery factories". Thats not a unit of measurment. It means nothing.
North America's only permitted cobalt refinery is in Cobalt, Ontario owned by First Cobalt Corp (with cobalt deposits in both Idaho and Ontario). We need a comprehensive North American strategy for EV supply chain independence from China.
Cobalt that a dead end material for battery every ev maker is looking for a substitute for it..
Well, US don't need Chinese battery. World's 2nd, 4th, 5th battery makers are Korean Company(SK, LG, Samsung) as well 3rd one is Japanese(Panasonic). Both countries are the strogest allies of USA.
Lol. Maybe you should rewatch the video again or better yet Google it piggy. Your logic is flawed.
i was skeptical of this whole EV revolution, but I'm starting to warm up to it
There's no going back once you've driven an EV.
@Mad Eye 66 Can't say I miss that time wasting exercise.
@Mad Eye 66 We still keep one old fashioned ICE vehicle (along with our Tesla's) just so we can experience the joy of pumping gas again. :)
You're basically replacing a broken leg with a broken arm.
@@lifequest7453 You don't have to search for charging stations, the Tesla knows where they are. Though we do 99.9% of our charging at home or work, so it's really not an issue.
Guess this is why Tesla is making there own now lol
They saw the problem a decade ago. That's why they started building that giant battery factory in Nevada when they did. Depending on suppliers is no way to get ahead.
NAK out here wanting to mine in Alaska..
Environmental regulations want us all to be driving electric vehicles in the next 20 years but at the same time are the biggest obstacle in getting it done.
What are you talking about? Environmental regulations aren't hindering the global production of the materials used in EVs (lithium, nickel, cobalt, copper, aluminum, neodymium, etc.) The problem is that most automakers didn't want to invest in building battery factories and charging networks.
@@amosbatto3051 global production no. But in the US it's a different story.
We need to get this show on the road...
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"Stifle its battery industry" by enforcing intellectual property laws that reward people who innovate in the space as opposed to nationalizing the fruits of their invention
Republicans are the end of America
The need for graphite > the need for lithium. The US is chasing a deposit of graphite in Alaska that, even with a fast track, won't be able to produce refined material for 8-10 years. The only refined spherical graphite provider outside of China is NMGRD, and they come online in Q3 2021.
For batteries, "Chinese would say sorry we don't have enough supply for you"; for crops, Chinese are concerned that U.S farmers don't want to supply for China. What is the stupid situation here?
You are wrong