Politicians & OEMs risk the Energy Transition with failure to act on enabling Raw Materials supply
After studying the impacts of our own EV sales forecasts on battery materials demand in general, and lithium in particular, in last month’s Battery Materials Review, we decided to have a look at the effects of some official targets in this month’s issue. We calculated what OEM and national government sales targets would mean in absolute terms for EV sales and then compared that with the number of EVs that can be produced based on our current lithium supply forecasts. As with last month’s analysis, the results were fascinating. The combined OEM targets would be almost impossible to supply raw...