"What do a cell phone, a laptop, and an electric car have in common?"
All three devices depend on batteries that contain a very scarce natural metal called lithium. The price of lithium has drastically increased due to its scarcity. This price increase has many technology companies rethinking the use of a lithium battery because the budget calls for a much lesser equivalent. Also to make matters worse for lithium, studies have shown that the contents in the lithium battery negatively affect brain activity. Lithium is very hard to find and its scarce amounts have predicated its price increase. Countries that have an abundance of the metal have the ability to price it at whatever they would like. With the demand of the lithium battery going up, producers of these devices have no choice but to pay those outrageous prices if they want to keep business booming. This in turn causes those lithium driven devices' prices to be increased by the manufacturers because of the increase in the price to produce the product. Many products that require the lithium battery are beginning to explore other alternatives to the long lasting battery. Suppliers of lithium are under much pressure from the demand of this scarce product. These factors will continue to decrease the popularity of the cell phone.