According to the Department of Energy, “the demand for lithium batteries is expected to increase significantly with the deployment of hybrid electric, plug-in hybrid electric and all-electric vehicles.” 2

Global Manufacturing—In 2012, estimated world demand for batteries accounted for 27 percent of total demand for lithium.3 Production facilities in Japan, Korea and China supply most of the global market for rechargeable lithium-ion battery cells.4 If domestic production of lithium batteries replaced current imports, it could induce over 13,000 jobs in the United States with a $3 billion total impact.4

Increasing Demand—U.S. Geological Survey estimates, if the 60 million cars produced worldwide each year were replaced with plug-in hybrids, demand for lithium carbonate would be up to five times current production.1

1 Goonan, T.G., 2012, Lithium use in batteries: U.S. Geological Survey Circular 1371
2 U.S. Department of Energy, “
Critical Materials Strategy, December 2011,” DOE/PI-0009, January 10, 2012
3 USGS, Minerals Commodity Summary
4 American Chemistry Council, “
Lithium: an Economic Overview,” July 2012

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