Hybrid Hummer Promises 100 Miles per Gallon
Published at: blog.wired.com
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Jack LiftonCo-founder and DirectorTechnology Metals Research, LLC
April 20, 2009
The celebration of the creation of sophomoric toys for elites with public money ignores the fact that the supply and demand of lithium is a zero sum game. When the demand for high end toys for people with unlimited discretionary spending ability is high the demand for practical devices for the person of average means will go unfilled. Each 53 kWh battery for a Hummer, for example, will, if a lithium-ion type, use 53 kg, or 116 lb of lithium; it will cost as much as $53,000 at retail just for this battery!
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