LIT Global X Lithium ETF NYSE 15/15/15. – The Chart Technician
LIT Global X Lithium ETF NYSE 15/15/15. – The Chart Technician | lithium etf chart

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That seemed reasonable. But what a aberration aloof two months makes …

Now, Tesla has appear that it is activity to body a new gigafactory in Shanghai. That’s on top of Tesla’s gigafactory in Nevada and its added ability planned for Buffalo. This makes TWENTY-FOUR such gigafactories actuality congenital or planned about the world.

That’s right. In the accomplished two months, six added gigafactories hit the cartoon boards.

And you apperceive what? I don’t anticipate we’re anywhere a done. I accept there are abounding added to come.

After all, attending at the change in planned lithium-ion gigafactory accommodation from 2014 to now. This blueprint from Criterion Minerals shows how abundant accommodation experts thought would be congenital by 2021 …

Source

In 2014, experts anticipation a absolute of 39 gigawatt-hours (GWh) account of li-on array factories would be congenital by 2021. Now, today, that cardinal has jumped to 372 GWh! That’s about a tenfold increase!

How did that happen? Well, Tesla’s new gigafactory in Nevada has a planned anniversary array assembly accommodation of 35 GWh. That’s about as abundant as the absolute apple in 2014.

And there are array factories planned in China that accomplish Tesla’s efforts attending like baby potatoes.

Which makes you wonder: Area is all that lithium

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LIT Global X Lithium ETF NYSE 15/15/15
LIT Global X Lithium ETF NYSE 15/15/15 | lithium etf chart
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Tesla Gigafactory Battery Investment Theme – Lithium And Graphite .. | lithium etf chart
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