
All our Gadgets currently rely on lithium-ion-batteries. But it’s not only the gadgets industry that relies heavily on Lithium, also the Electro-Cars need this material in HUGE quantities.
The only problem is that Lithium is a very rare element and the worlds reserves are pretty limited. China is emerging as the biggest producer and is seriously considering limiting the export of this precious material.
So either we have to find a substitute or a new way to produce huge amounts of Lithium.