The popularity of electric vehicles has led to a shortage of power batteries

The tech detail section features a series of high-quality images showcasing various electronic components. The main image window displays a tantalum capacitor model TAJB106K016RNJ, followed by a detailed view of a probe current voltage pin with specific dimensions (420*4450 head diameter 5.0), highlighting its performance under overcurrent conditions. Additional images illustrate inductance and SMD aluminum electrolytic capacitors, offering a comprehensive visual guide to the product range. Below the image gallery, a series of informative paragraphs discuss the growing demand for lithium batteries driven by the electric vehicle (EV) market. Analysts suggest that despite efforts by lithium mining companies to expand production capacity, current preparations may not be sufficient to meet the rising demand. This potential supply shortage could lead to significant price increases in lithium, affecting the entire EV industry. According to reports, some lithium deposits require years of development before they can support a surge in production. These projects often need billions of dollars in investment, partly funded through long-term supply contracts. Market research firm Roskill predicts that lithium carbonate demand will rise from 227,000 tons this year to 785,000 tons by 2025. However, even with increased production, a supply gap of 26,000 tons per year is expected by 2025. The growing popularity of electric vehicles has already led to a shortage of power batteries, prompting manufacturers to secure stable lithium supplies. Prices for lithium carbonate are expected to jump from $9,000 per ton to $13,000 per ton, while lithium hydroxide, known for its higher energy density and longer lifespan, has also seen a similar price increase. This trend is likely to impact the cost structure of electric vehicles. Chevrolet Bolt and Tesla Model 3 have benefited from declining battery prices, allowing automakers to achieve profitability within the $30,000–$40,000 price range. Tesla has secured long-term lithium supply agreements to support its Gigafactory operations, but the company has not yet disclosed how these contracts would hold up in case of supply chain disruptions or supplier shortages. As the EV market continues to grow, securing reliable lithium sources will become increasingly critical for maintaining production and meeting consumer demand.

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