Electric vehicle demand – has the world got enough lithium?
Jul 20, 2022 · Dividing lithium production by the amount needed per battery shows that enough lithium was mined last year to make just under 11.4 million EV batteries. This is a level that annual electric vehicle purchases could hit soon, after first-quarter sales rose by 75% on the year to touch 2 million, according to IEA figures.
3 challenges en route to electric vehicle batteries driving the ...
Dec 12, 2022 · Between 2020 and 2021, electric vehicle (EV) sales increased by 50% to 6.6 million vehicles. By 2030, EVs could exceed 50% of total automotive sales in markets, backed by major markets’ internal combustion car phase-out regulations. As cars, trucks and buses are increasingly battery-powered and generate zero tail-pipe emissions, the ...
5 innovators making the electric vehicle battery more sustainable
May 3, 2021 · Global stock of electric vehicles (EVs) could reach 245 million units by 2030, according to the International Energy Agency. While EVs emit less CO2, their batteries are tough to recycle. Made from cobalt, lithium and nickel, the mining of these raw materials raises ethical and environmental concerns.
Electric vehicle sales leapt 55% in 2022 - The World Economic Forum
May 11, 2023 · These figures include both battery electric vehicles (BEVs) and plug-in hybrids (PHEVs). Electric vehicles made up 13% of light vehicle sales worldwide in 2022. Image: EV Volumes
Fully charged: how AI-powered battery testing can support the EV …
Dec 19, 2024 · While the transition to sustainable mobility takes time, AI accelerates the journey. Engineers with powerful tools to decode EV battery physics complexities drive this transition. Electric vehicles' future depends on their ability to innovate; AI, when trusted and understood, becomes their most powerful ally.
This is why batteries are important for the energy transition
Sep 15, 2021 · In most countries, although upfront costs are higher it is cheaper to run an electric vehicle than a fossil fuel car, which encourages consumers to make the switch and help decarbonize road transport. Advances in battery technology have made batteries a key component for the sustainable travel of the future.
This swappable battery tech is keeping India’s electric tuk-tuk …
Jan 8, 2021 · SUN Mobility, a tech start-up based in Bengaluru in Karnataka, India, is rolling out a swappable battery service for electric vehicles. It runs on the Microsoft Cloud and means drivers can replace depleted batteries in about the same time as traditional refuelling. Chinese automaker Nio has been rolling out battery-swapping technology since 2014.
Global boom in electric vehicles will strain mineral supply
Jun 25, 2021 · As it transitions from fossil fuels to renewables, electricity generation will place a burden on the global supply of critical battery minerals. The world’s battery capacity must grow 40 times larger than it is today, and electric vehicles will require 80% of that future capacity. There will also be increased need for integrated circuits.
China has an EV advantage but can it maintain its edge?
Jun 17, 2024 · AlixPartners’ recently published Electric Vehicle Consumer Sentiment Survey indicates China’s EV market, by far the largest in the world, is poised to flourish. Some 97% of 1,000 China-based respondents to our study said their next vehicle purchase is likely to be an EV, compared to 35% in the US and 43% in Europe.
3 ways of ensuring a sustainable electric vehicle transition
Jun 3, 2023 · Synthesis of current electric vehicle (EV) battery recycling policies. Image: World Economic Forum “Traceability in battery value chains is the foundation of digital battery passports which underpin responsible and sustainable manufacturing of electric vehicles,” says Douglas Johnson-Poensgen, Founder and CEO of Circulor .