Can Cobalt Supplies Scale With Massive EV Market Growth?

By [email protected] The electric vehicle revolution is underway. The best confirmation of this large-scale shift in transportation of people and goods came last month when Tesla revealed its new Model 3 and received about 400,000 preorders, each with a $1,000 deposit — and the cars won’t even be produced in large quantities until 2018.

Shortly after announcing this massive number of preorders, Tesla also indicated it is ramping up its production goal, moving the target for manufacturing 500,000 vehicles annually from 2020 to 2018.

The Chevy Bolt, the primary competitor for an affordable, long-range (200+ miles) EV, arrives later this year — and early

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