Green Car Congress
MAY 18, 2022
The Cobalt Institute’s Cobalt Market Report 2021 , prepared by CRU, confirms the role of cobalt as one the key commodities of the green future, due to the rapid growth of the lithium-ion battery market and a strong global uptake of electric vehicles. Demand rose by 32 kt in 2021 alone compared to 51 kt in the 5 years from 2015-20.
Green Car Congress
SEPTEMBER 2, 2020
Their meteoric rise will lead to much greater demand for several materials markets which otherwise would see only modest growth. For each, a granular breakdown is used to forecast each material required and its market value over the next 10 years. The Chinese electric car market was, up until 2018, predominantly using LFP cathodes.
Green Car Congress
NOVEMBER 25, 2018
On the one hand, more than half of the worldwide supply (126,000 tonnes) is mined in the Democratic Republic of Congo. Cobalt prices have tripled between 2015 and 2018. On the other hand, China produces almost half of the world’s refined cobalt. Rising prices may impact battery production. Rising prices may impact battery production.
Cars That Think
NOVEMBER 6, 2023
“The thing to keep in mind is that the large-scale lithium-battery sector is relatively young,” noted Sam Abuelsamid, the principal analyst for transportation and mobility at the market intelligence firm Guidehouse Insights. Built in 2015, the Anahola station is old enough that its batteries have reached their end of life.
Cars That Think
AUGUST 20, 2022
passenger-vehicle fleet over the period between 2015 and 2050. Even so, working within that budget would require a 30 percent reduction in the projected cumulative emissions from 2015 to 2050 and a 70 percent reduction in annual emissions in 2050, compared with the business-as-usual emissions expected in a world without EVs.
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