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> Production of batteries may grow in the future,

To me it seems reasonable to assume that not only will battery consumption grow, it will grow exponentially (over the medium term - say the next 10 - 50 years). Rationale:

- There is high demand

- The production process is well established technology that can be easily replicated

- There are no obvious limits to growth in the medium term (In the short-term there are resource constraints as mines are opened).




And even ignoring grid storage, battery production must increase dramatically for electric vehicles.




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