US EditionLithium supply will fall short of growing electric vehicle demand through 2029, analysis finds
- Researchers analyzing lithium supply and demand have found that by 2030, domestic production in China, Europe, and the US will be insufficient to meet the rapidly increasing needs of electric vehicle markets unless mining efforts are expanded or new technologies are developed.
- This shortage results from soaring lithium demand driven by electric vehicle sales concentrated mainly in these three regions, which together account for 80% of global EV sales.
- Despite plans to expand domestic lithium production up to tenfold in some areas and recycling improvements, regional output cannot satisfy projected demands, leading to heavy reliance on imports from a few suppliers like Chile and Australia.
- Qifan Xia emphasized that lithium plays a crucial role in today’s industrial landscape, comparable to the significance gasoline had during the industrial revolution, and called for urgent efforts to increase mining, diversify sources, and reconsider demand management to prevent setbacks in achieving vital climate and energy targets.
- The study implies that policies encouraging mining, international cooperation, and adoption of lithium-saving battery technologies are critical to meet EV demand and support global climate objectives.
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Study reveals overlooked investment sector that could reshape global economy: 'It fosters international partnerships'
A new study published in Communications Earth & Environment uncovered a powerful but overlooked strategy to speed up the clean energy transition. It could be a game changer for countries that have the minerals the world depends on but not the clean energy to match. The study focused on countries such as the Democratic Republic of Congo, Indonesia, and South Africa. These countries are rich in critical minerals such as cobalt and nickel — essenti…
Surging EV Demand Strains Lithium Supply, Threatening UK’s Net Zero Goals
A new international study has warned that the global push towards electric vehicles is at risk from severe lithium shortages, putting the UK’s net zero ambitions at risk. The research, published in “Cell Reports Sustainability” on Thursday, found that even with ramped-up mining efforts, none of the world’s three largest EV markets—China, Europe, or the United States—can meet their lithium needs independently by the end of the decade. Lithium, of…
The electric car industry faces a new problem that neither Tesla nor BYD are spared: there is not enough lithium for all manufacturers.
How Minor Metals Could Cause Major Electrification Bottlenecks - CleanTechnica
In the discourse around global electrification, much of the attention is mistakenly drawn to the purported shortages of primary metals such as lithium and cobalt. As I’ve argued extensively elsewhere, including in critiques of the flawed models by Michaux and Cathles, these scenarios vastly overstate scarcity due to extreme and ... [continued] The post How Minor Metals Could Cause Major Electrification Bottlenecks appeared first on CleanTechnica.
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