Soaring electric vehicle demand could cause a supply bottleneck for lithium-ion battery materials by the middle of the next decade. How will each material be impacted?
As it stands, there are at least five materials that could be a cause for concern for EV watchers. We'll review all of them below.
“By the mid-2020s, we’re going to need more,” said Milan Thakore, research analyst for battery raw materials at Wood Mackenzie.
Thanks to the push for electrification in transport and stationary storage on the grid, global battery demand is...