Are there sufficient raw metals to build batteries?

Are there sufficient raw metals worldwide to build batteries in order to accelerate the switch to electric mobility in 2025? And will there be enough resources available in the European market to support the ongoing massive growth? Transport & Environment (T&E) analysed these questions and came to the following conclusions:
Up to 14 million battery-electric cars (BEV) can already be produced globally next year, which is 55% higher than the current market estimates.

The current supply of BEVs is not constrained by the raw materials, the amount of electric cars, sold depends on the global car regulations.

If Europe has half of all its car sales BEV in 2025, this would require around a quarter of the global BEV production.

China and its companies are in a race to secure global lithium mining assets and expand battery production at home and abroad.

Europe can still secure large parts of the battery supply chain: a third of global battery cell manufacturing is expected to be in Europe by 2030

Get ‘FREE OF CHARGE’ access to this and 350+ other valuable EV Market Reports in our database. Enjoy reading!

A bar graph titled "Maximum BEV production (million units)" from 2022 to 2026. It shows 3 categories: BEV with nickel-based batteries (blue), BEV with LFP batteries (gray), and maximum BEV including Russian nickel (yellow). An orange line represents BEV demand.
Why Europe can secure enough critical rough materials, T&E May 2022
Related news

P3 Charging Index reveals Asia’s fastest-charging EVs

The P3 Group has released its P3 Charging Index for Asia at the 37th International Electric…

read more
EV Charging
Published by: Editorial board | June 19, 2024

UAE accelerates EV adoption to meet 2050 carbon neutrality goals

The UAE is intensifying its efforts to transition to e-Mobility as part of its ambitious plan…

read more
Electric Vehicles
Published by: Editorial board | June 18, 2024

Corporate cars falling behind in Europe’s Electric Vehicle adoption

A recent briefing by Transport & Environment (T&E) has highlighted a significant issue in Europe’s corporate…

read more
Electric Vehicles
Published by: Editorial board | June 17, 2024

EU introduces provisional duties on subsidised EV imports from China

In a decisive move aimed at ensuring fair competition and protecting its automotive industry, the European…

read more
Electric Vehicles
Published by: Editorial board | June 13, 2024