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Global lithium reserves are estimated at over 14 million tons. With a bit more exploration we will find the additional 4 million tons to replace all oil fuel. Lithium will be recycled many times. Oil is once & done.
The LiFePO4 battery has the edge over lithium ion, both in terms of cycle life (it lasts 4-5x longer), and safety. This is a key advantage because lithium ion batteries can overheat and even catch fire, while LiFePO4 does not.
The LiFePO4 battery has the edge over lithium ion, both in terms of cycle life (it lasts 4-5x longer), and safety. This is a key advantage because lithium ion batteries can overheat and even catch fire, while LiFePO4 does not.
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