From ancient times, gold was the king of minerals but as the world evolved, platinum is taking over and looking into the future, the mineral is set to rule the roost.
In the same manner, since time immemorial, diesel and petrol have powered automobiles ever since their inventions in the 18th century but it will soon be time to say goodbye to the fuels as lithium is set to take over.
It is a new dispensation unimagined by many, but guess what, welcome to the world of reality.
Technology is advancing at lightning speed in the process, bringing with it rapid transformation that will revolutionise the way business is conducted and how humans interact.
In the last decade, mobile telephony has been in the forefront of cutting age technology and the latest innovations and this tide is now being experienced in the motor industry with latest indications of a vehicle that runs on water.
Unbelievable as it sounds, this is a technology that reportedly has already been piloted in China and given the thumbs up to penetrate the formal market.
Fast forward to 30 years from now, and the world may be having what could arguably become a major stride towards innovation – electric vehicles better known as EVs and powered by lithium ion batteries.
In all this matrix, the point of reference to feed into this reality is Zimbabwe which is home to reserves of 23 000 metric tonnes of the commodity, becoming the 7th largest source globally, and the top in Africa.
Within this context, the country has witnessed a wave of inquiries on its lithium reserves a testimony that the country has also been catch up in the technology revolution.
Researchers project that EVs could reduce oil use by 21 million barrels a day and cut carbon dioxide emissions by 3.2 billion tonnes a year.
Already, Norway says it will ban the sale of fossil fuel-burning cars and vans in 2025.
The UK, the Netherlands and France have promised the same by 2040.
Germany, home of Volkswagen, Mercedes-Benz and Porsche, is talking about a similar ban and so too is China, which the world’s biggest car market.
Sweden’s Volvo car group will only produce electrified models, hybrids and fully battery powered by 2019.
Jaguar and Land Rover will follow suit in 2020.
VW has pledged to become the world leader in electric vehicles by 2025.
It is a revolution seeming to be centered on the west and eastern side of the world but the switch to lithium powered cars is an opportunity that Zimbabwe can capitalise on to tap into the looming shortfall of lithium.