Hospodářské noviny | Czech lithium reserves could boost the automotive industry

The Czech Republic has vast reserves of lithium, a crucial resource for manufacturing batteries for electric vehicles. However, it lags behind in other aspects of the battery supply chain, such as production and recycling. And yet, these key industry sectors could potentially help in saving the local automotive industry. Jonathan Lyons, an analyst at the EUROPEUM Institute, further explored this issue and the potential benefits of lithium for the Czech economy in an article for Hospodářské noviny.

Ensuring a sustainable battery supply chain for electric vehicles, including mining, refining, processing, manufacturing, and end-of-life battery management, should be a priority for rescuing the Czech automotive industry. It represents a backbone of the economy, generating 10 % of GDP, constituting 25 % of exports, and employing over 180,000 people across all regions.

You can read the full article here.

Jonathan Lyons
Research Fellow