#TheWashingtonPost: How a Battery Metals Squeeze Puts EV Future at Risk
The world’s epic shift into electric vehicles needs to overcome a major obstacle: how to meet rocketing demand for batteries, the vital component, while cutting the cost to help the cars go mainstream. Factory lines churning out power packs to fuel a clean energy future are being built faster than strained supply chains can keep up. A global rush to lock in stocks of lithium, nickel, cobalt and other key ingredients from a handful of nations has sent prices hurtling higher.
There are major concerns over China’s industry-wide dominance and moves in some other countries to restrict mineral exports in hopes of building their own manufacturing base. It’s a scenario that risks slowing the pace of EV adoption.
1. Why the shortages?
2. What’s the fallout?
3. Which minerals are in focus?
4. How will this affect the EV transition?
How a Battery Metals Squeeze Puts EV Future at Risk – The Washington Post