5 ways to make the electric vehicle battery more sustainable
May 3, 2021 · 1. Redwood Materials. Nevada-based Redwood Materials aims to become the world’s top battery recycling company. It also hopes to create a circular or ‘closed loop’ supply chain by retrieving, recycling and recirculating raw materials such as cobalt, copper and nickel from end-of-life batteries.
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 ...
Global boom in electric vehicles will strain mineral supply
Jun 25, 2021 · Billions of electric vehicles are expected to hit the world's roads in coming decades. 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% ...
What’s stopping people buying electric cars? | World Economic …
Jul 8, 2021 · Reasons for the slow uptake of electric vehicles vary between countries. A UK survey found the most common reason for not buying one was a lack of fast charging points (37%) followed by concerns about range (35%) and cost (33%). Although two-thirds of Americans surveyed by Pew Research agreed electric cars are good for the environment, a ...
The dirty secret of electric vehicles | World Economic Forum
Mar 27, 2019 · China is the world’s largest electric car market, accounting for 1.2 million - 56% of all electric vehicles sold in 2018. China also accounts for 99% of sales of electric trucks, buses, motorcycles and scooters. The US came a distant second with 361,000 new electric cars sold in 2018, almost half of which were the new Tesla 3 model.
The hidden cost of the electric car boom – child labour
Sep 24, 2018 · Concentrated in one area (the southeastern province of Lualaba, near the border with Zambia), cobalt mining has become a source of income for many of the country’s struggling population. Children as young as 10 are involved in cobalt mining, earning as little as $3.50-$10 a day for the dangerous and dirty work, which can involve digging ...
Producing batteries for green technology harms the environment.
Nov 28, 2017 · Firstly, producing an electric vehicle contributes, on average, twice as much to global warming potential and uses double the amount of energy than producing a combustion engine car. This is mainly because of its battery. Battery production uses a lot of energy, from the extraction of raw materials to the electricity consumed in manufacture.
Electric vehicle sales leapt 55% in 2022 - The World Economic Forum
May 11, 2023 · Listen to the article. Global sales of electric vehicles (EVs) increased by 55% in 2022 from the year before, according to data from the EV Volumes sales database. China remains the world’s largest EV market, with 59% of global sales. World Economic Forum estimates annual EV sales need to increase 18-fold by 2030 to meet global emissions targets.
China has an EV advantage but can it maintain its edge?
Jun 17, 2024 · 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. Chinese consumers are overwhelmingly willing to consider a domestic model. Bottom line: China has a clear advantage in the EV race. But that could change. Our study, which polled a total of ...