# Lithium Metal: Electric Car Demand Boosts Companies - Link: https://greenlivingguy.com/2017/06/lithium-metal-electric-car-demand-boosts-companies-technology/ - Published: 2017-06-23T05:43:28-04:00 - Author: greenlivingguy Lithium metal demand is surging. For it’s boosting shares of the companies linked to mining and also manufacturing the light metal. Especially used in electric-car batteries. [Global X Lithium & Battery Tech](https://www.bloomberg.com/tosv.html?url=L3F1b3RlL0xJVDpVUz8=&uuid=657e7030-8197-11e8-9c35-3535ade7b748&vid=), an exchange-traded fund. For it’s of the 27 biggest companies linked to the light metal. In addition, it has increased 65 percent. Most surprisingly, this in the past 18 months. Thereby outperforming stock indexes of all the world’s most-developed economies. More noteworthy, this is according to data compiled by Bloomberg. ### Panasonic Corp Among those most heavily weighted in the Globe X fund are companies including Samsung SDI Co. and [Panasonic](https://greenlivingguy.com/2019/04/mitch-evans-wins-first-formula-e-race-for-panasonic-jaguar-racing-in-rome/) Corporation.  All which make the lithium-ion cells used in electric-car batteries. As well as automobile maker Tesla Inc. ## Global X Lithium fund has outperformed benchmark indexes⏎ Investment surges in mining and processing [⌊Lithium metal⌉⌊Lithium metal⌉[ A charging plug recharges the Nissan Leaf electric vehicle. Photographer: Mark Elias/ Bloomberg [[ Sales of electric cars rocketed to 2 million in 2016 after being virtually non- existent just five years ago. Mainstream carmakers from Renault-Nissan Motor Co. to Volkswagen AG are pushing ahead with emissions-free vehicles. #### Manufacturing Lithium Manufacturing demand for lithium metal is feeding [orders](https://greenlivingguy.com/2018/07/why-panasonic-with-energy-storage-will-drive-our-green-economy/) at mining companies. For that’s including Sociedad Quimica y Mindera de Chile SA and Albemarle Corporation. All which also factor among the top 10 holdings at the Global X ETF. [[ New deposits are being tapped from Australia to Argentina as investors angle to make money from the transition away from fossil fuels and toward a low-emissions lithium-powered economy. ### Shift Toward Lithium The world is witnessing a shift towards sustainable modes of transport. As well as electric cars are leading the way. The [demand for electric cars is rising](https://greenlivingguy.com/2005/07/rising-demand-puts-pressure-on-proven-reserves-which-have-not-seen-a-significant-boost-in-30-years/). So this has led to a surge in the demand for lithium metal. Lithium is a key component of batteries that power electric vehicles. So companies are investing heavily in developing technologies to meet this demand. This trend is exciting because it represents a step towards a cleaner and greener future. With the rise of electric cars, we are moving away from fossil fuels and towards renewable energy sources. This shift is also creating new opportunities for innovation and entrepreneurship. Companies are developing new technologies to make batteries more efficient. Also longer-lasting and cheaper. It’s not only car manufacturers who are benefiting from this trend. The demand for [lithium](https://greenlivingguy.com/2025/12/lithium-mining-vs-ev-benefits/) is also driving growth in the mining industry. Mining [companies](https://greenlivingguy.com/2026/02/lithium-mined-evs-and-their-environmental-impact/) are investing in new technologies to extract lithium from the earth more efficiently and sustainably. This has created new jobs and economic opportunities in regions where these resources are abundant. #### Conclusion The future of electric cars looks bright. So it’s easy to see why. They are not only better for the environment. Yet, also more cost-effective in the long run. Especially as more people switch to electric cars. For the [demand for lithium will continue to rise](https://greenlivingguy.com/2005/07/rising-demand-puts-pressure-on-proven-reserves-which-have-not-seen-a-significant-boost-in-30-years/). It’s leading to further advancements in technology and sustainability. In conclusion, the surge in demand for lithium metal is an exciting development that is pushing us towards a cleaner, greener future. This shift towards electric [cars](https://greenlivingguy.com/2026/08/beta-site-electric-flight-for-sustainable-skyways/) represents an important step in our efforts to combat climate change and create a more sustainable world. Companies investing in new technologies to meet this demand are creating new opportunities for innovation and entrepreneurship, while mining companies are creating new jobs and economic opportunities. The future of electric cars is bright. Finally and we can’t wait to see what’s next! Source: [Bloomberg Technology](https://www.bloomberg.com/tosv.html?url=L25ld3MvYXJ0aWNsZXMvMjAxNy0wNi0yMi9lbGVjdHJpYy1jYXItZGVtYW5kLWJvb3N0cy1jb21wYW5pZXMtbGlua2VkLXRvLWxpdGhpdW0tYmF0dGVyaWVzPw==&uuid=5c0ed1c0-8197-11e8-b3de-0f4d210a205c&vid=), By Jonathan Tirone, June 22, 2017, 12:00 AM EDT ![author avatar](https://secure.gravatar.com/avatar/df91669667126e1290c21ee0342c386e2da19d588d4d9ca6560bd82ed59a9641? s=300&d=monsterid&r=g) greenlivingguy The Green Living Guy, Seth Leitman is an independent power producer, a green living expert, and Editor of the McGraw-Hill, TAB Green Guru Guides. Seth is also an Author, Radio Host, Reporter, Writer and an Environmental Consultant on green living. The Green Living Guy writes about green living, green lighting, the green guru guides and more. Seth's books range from: # Build Your Own Electric Vehicle by Bob Brant and Seth Leitman (2nd and 3rd editions) # Build Your Own Plug-in Hybrid Electric Vehicle by Seth Leitman # Build Your Own Electric Motorcycle by Carl Vogel # Green Lighting by Seth Leitman, Brian Clark Howard and Bill Brinsky # Solar Power For Your Home by David Findley # Renewable Energies For Your Home by Russel Gehrke # Do-it-Yourself Home Energy Audits by David Findley # Build Your Own Small Wind Power System by Brian Clark Howard and Kevin Shea # and more green living books to follow. [See Full Bio](https://greenlivingguy.com/author/greenlivingguy/) [ ](https://greenlivingguy.com/author/greenlivingguy/)