Electric cars could start a grab for natural resources on par with the petroleum industry; is compressed air the answer?
If you thought the rise of petroleum caused global economic upheavals, just wait until we start producing electric-car batteries in mass quantities. That's the warning from Glenn Bell, CEO of Air Fuel Auto. Bell told reporters at this weekend's Alt Car Expo in Santa Monica the need for precious metals and other raw materials for next-generation batteries could have a ripple effect on the global economy. Of course, Bell isn't a passive observer; he's got his own answer to the alternative-fuel question. You're breathing it.