Axxe55
Retiretgtshit stirrer
Agree with the above. And to add:
A recent WSJ article pointed out that 2035 is impossible. Not enough mines exist to supply the needed raw materials. And from the day a deal is closed to start a new mine until ore starts being produced is an average of 12-15 years.
Very good point. I am not an expert on some of the newer battery technology, or the materials needed to manufacture them, but If I had to guess, it is going to require materials much more exotic than lead to make better batteries!
Another point to add to your post, the newer batteries might require materials we don't have in the United States, and might have to be sourced on other countries. So in my estimation that is going to make them even more expensive to buy and import those materials.