Raw Materials Shortage
See also: Rare earth metals availability and supply securityThe rare earth element dysprosium is required to fabricate many of the advanced electric motors and battery systems in hybrid propulsion systems.
However, nearly all the rare earth elements in the world come from China, and one analyst believes that an overall increase in Chinese electronics manufacturing may consume this entire supply by 2012. In addition, export quotas on Chinese rare earth exports have resulted in a generally shaky supply of those metals.
A few non-Chinese sources such as the advanced Hoidas Lake project in northern Canada and Mt Weld in Australia are currently under development, however it is not known if these sources will be developed before a shortage hits.
Read more about this topic: Hybrid Electric Vehicle
Famous quotes containing the words raw, materials and/or shortage:
“And we can get back to that raw state
Of feeling, so long deemed
Inconsequential and therefore appropriate to our later musings
About religion, about migrations. What is restored
Becomes stronger than the loss as it is remembered;
Is a new, separate life of its own.”
—John Ashbery (b. 1927)
“Herein is the explanation of the analogies, which exist in all the arts. They are the re-appearance of one mind, working in many materials to many temporary ends. Raphael paints wisdom, Handel sings it, Phidias carves it, Shakspeare writes it, Wren builds it, Columbus sails it, Luther preaches it, Washington arms it, Watt mechanizes it. Painting was called “silent poetry,” and poetry “speaking painting.” The laws of each art are convertible into the laws of every other.”
—Ralph Waldo Emerson (1803–1882)
“As long as green hills are there, never fear a shortage of firewood.”
—Chinese proverb.