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Economy

The future of electric cars is at the bottom of a Chinese salt lake

Funds pour into remote area to tap lithium deposits for use in vehicle batteries

Lithium recovered from Chaerhan Salt Lake is used to make electric vehicle batteries. (Photo by Yu Nakamura)

GOLMUD, China The world stands on the brink of an electric vehicle revolution. But fueling that revolution will require massive amounts of lithium, the key material in vehicle batteries.

As countries scramble to secure supplies of the valuable metal, China is pouring money and energy into developing its own massive reserves -- the world's second largest after those of Chile.

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