US Edition
Lithium supply will fall short of growing electric vehicle demand through 2029, analysis finds
- A study conducted by experts at East China Normal University and Lund University highlights a potential shortfall in lithium supply relative to the demand for electric vehicle batteries in Europe, the US, and China by 2030.
- This shortfall results from soaring demand driven by EV market growth and the inability of these regions to meet lithium needs domestically, despite potential tenfold production increases.
- The study estimated that by 2030, Europe's demand for lithium carbonate equivalent could reach nearly 800,000 metric tons, while its domestic lithium production is projected to be around 325,000 metric tons. Similarly, both China and the United States are expected to face supply shortfalls despite planned mining expansions.
- Qifan Xia highlighted that lithium plays a crucial role in today's industrial landscape, comparable to the significance of gasoline during the industrial revolution, and stressed the urgency of increasing mining efforts, broadening the range of suppliers, and reconsidering demand management to prevent setbacks in achieving climate and energy objectives.
- The imbalance implies greater reliance on international trade, which may heighten supply constraints and trade tensions, while adopting alternative battery technologies and shifting transport policies could ease shortages.
23 Articles
23 Articles
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.
Lithium supply will fall short of growing electric vehicle demand through 2029, analysis finds
In a study published in Cell Reports Sustainability, researchers conducted the most comprehensive analysis to date on lithium supply and demand in China, Europe, and the U.S. Despite the fact that domestic lithium production ...
Coverage Details
Bias Distribution
- 44% of the sources lean Left, 44% of the sources are Center
To view factuality data please Upgrade to Premium
