Now it’s all about the lithium battery, as automakers like Tesla, General Motors, Daimler, Toyota, Nissan, and BMW cut deals for large scale battery production. They’re also seeing huge potential in the energy storage capacity available through the lithium battery packs they’re already building on their own or through supplier alliances. There’s been a wave of developments on the lithium battery front — both in terms of higher capacity for longer range electric vehicle driving and for energy storage as a serious revenue source for automakers. Lithium miners in Australia and Canada are seeing their stock prices climb, as demand for electric vehicles grows due to increasingly stringent government mandates and burgeoning interest in long-range, affordable EVs like the Chevrolet Bolt and Tesla Model 3. Forecasts of expected demand for long-range EVs have lifted lithium carbonate prices more than two times the level reached in 2015. Tesla CEO Elon […]