IDTechEx: market for EV powertrain materials to reach $47B by 2030
Green Car Congress
SEPTEMBER 2, 2020
It is also a very expensive material with its supply and mining confined to a large majority in China and the Democratic Republic of Congo. The Chinese electric car market was, up until 2018, predominantly using LFP cathodes. Another significant trend is the phase-out of LFP cathodes. Source: IDTechEx Research.
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