Lithium Technology - Boon for Alberta Economy
Lithium Technology - Boon for Alberta Economy A Bright Spot for Alberta – Electric Vehicles (EV's) - Remarkable It may sound incredible, but electric cars could soon be an economic driver for oil-rich Alberta. The increase in global sales for EV's has been astonishing. In 2010 there were about 17, 000 electric cars on the road but today it's estimated 7.2 million. Sales in 2019 swelled to 2.4 million. Tesla models accounted for most of the increase. General Motors announced it will go all electric by 2035. Key Component of EV Batteries is Lithium- Plenty in Alberta Lithium is a light, soft, silvery-white alkali metal. A key component of the batteries in EV's is lithium, the type found in Alberta, if you know where to look. "There are a lot of opportunities for lithium in Alberta," said Roy Eccles, a senior consultant with Apex Geo-science in Edmonton. Lithium Needs Oil – What Kind? Like all alkali metals, lithium is highly reactive and flammabl...
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