Automakers Worry That Shortage Of Critical EV Minerals Is Looming On The Horizon

This should come as a surprise to no one. Volkswagen and some Chinese manufacturers have been busy securing long term supply contracts.
Batteries are going to get more expensive.

Actually - I have been posting this information for more than 6 months about shortages of rare earth elements that will make the batteries more expensive.
Now - when you add in that the mining of these materials POLLUTES the atmosphere MORE than ICE cars do - AND add in the lack of charging station availability - and the EV become even less desirable as a GREEN option.

Did you post that from your phone while driving your Maybach?

I've quoted that a lot but don't think it will apply here. As soon as there is cost parity for non-Tesla companies, it is game over for the ICE powertrain.

Dear Matt -
Maybe YOU post things from your car while driving - even in your imagined New Jensen!
I - on the other hand - over the years - have made it clear that I do not respond to phone calls or initiate phone calls while I am driving - even though I could because I have hands free phones in my cars. Leave a message and I will get back to you when I am not driving - period.

SanJoseDriver
Sorry - but until they can produce "profitably" - an EV UNDER $20,000 - and many of them in the $25-30,000 range -with over 200 mile range - which currently is NOT possible with Lithium Battery Technology - the average person in the WORLD cannot afford an EV and there will remain strong sales for ICE vehicles. As long as Tesla remains steadfastly producing cars well over $40,000 - they are not selling in half the markets and there will be a limit to high priced sales- especially in developing countries - that will continue to the next generation of Battery technology - which will certainly not happen before I am gone - and Likely will be Decades away.

@TomM You're a disingenuous bastard. You do false civility by using the word "dear" when you don't intend anything of the sort. That makes you a #hypocrite. But I have to hand it to you, you snap on the bait every time like a meth-addicted hooker walking the streets of Vegas.

Moreover, you clearly do not pay attention to what anyone says. I've not said anything about their being a new Jensen headed for production. I have spoken about the vintage Jensens we've flipped, borrowing a page from Jensen International, however.

I think car sharing will address the under $20k market. If it is cheaper to rent a car as needed than own, that will likely be the future. I could see a solid compact EV with 200+ miles of range for $25k in ~5 years.

Quoted of the Internal Combustion Engine "The rumors of my demise are greatly exaggerated...bitches!"

^^^^^THAT^^^^^

Nobody buys electric cars anyway ... Nothing to see here... let's move right along

EVs are perhaps 20-25% of new car sales in Silicon Valley at this point.