We might not have enough materials to cater to EV production demands

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A recent study by researchers from East China Normal University in Shanghai and Lund University in Sweden found that Europe, China and the United States may not be able to produce sufficient lithium supplies by 2030 to meet the high demand for electric vehicle (EV) batteries.

 

Why does this happen?

For your information, Lithium is an important material in the manufacture of EV batteries, which is increasingly in high demand to reduce carbon emissions.

Additionally, the study by researchers from China and Sweden warned that even if lithium production is increased 10-fold, it will still not be enough unless there is new technology or increased imports.

For example, Europe may need almost 800,000 tons of lithium by 2030, but can only produce about 325,000 tons. So, to address this issue, researchers have given several suggestions.

 

Is there a way to solve this problem?

That includes encouraging the use of public transportation over private vehicles, developing batteries that use less lithium or other alternatives, and expanding lithium mining activities and recycling battery materials.

Industry experts describe lithium as now as important as gasoline during the industrial revolution and emphasise the importance of investment and government policies that support mining and battery manufacturing.

 

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