Analysts are divided on when this scarcity might strike, but the consensus is clear: the lithium market is heading for a potential deficit, and this opens up opportunity for gains in lithium-oriented ETFs. The Biden administration, for instance, looks to cut the sale of gas-powered vehicles to 50% of all new purchases by 2030 (read: Inflation Reduction Act: Clean Energy & EV ETFs Winners). ETFs in Focus Analysts on Wall Street have identified promising investment opportunities in companies engaged in lithium-ion battery production.