Lithium Shortages Could Hit by 2028 as EV Demand Surges

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The hunger for e-car batteries is growing faster than the supply. According to the analysts of Wood Mackenzie, a massive supply gap is already threatening in two years

autoplus.fr

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Sales of electric cars continue to grow over the years, that's a fact. And even if they are not as strong as some had hoped. However, it is true that the supply is wider, and that more and more people are coming across them on the roads. It must be said that the public authorities are doing everything possible to reduce the place of thermal cars. However, the rise of zero-emission vehicles is accompanied by another reality. Indeed, to design bat…

futurezone.at

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The increasing demand for electric cars will bring the lithium stocks to its limits in the coming years.

elperiodicodelaenergia.com

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Global demand for lithium could exceed 13 million tons by 2050 under an accelerated energy transition scenario, more than double the baseline scenario projections, according to Wood Mackenzie’s latest Energy Transition Outlook for Lithium report. Without additional significant investment, supply deficits could arise as early as 2028. Even under Wood Mackenzie’s base scenario, existing supply projects are unlikely to meet demand beyond the mid-20…