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Cobalt Market Report: EVs become the major driving force for cobalt demand growth in 2021

Green Car Congress

Demand rose by 32 kt in 2021 alone compared to 51 kt in the 5 years from 2015-20. The Democratic Republic of the Congo remained the largest source of cobalt supply, accounting for 74% of the global mine supply and 87% (15 kt) of annual growth.Output from the artisanal and small scale mining (ASM) sector is estimated to have increased to 14.5

Market 293
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JRC: Europe must take steps to boost supply of cobalt for EV batteries

Green Car Congress

On the one hand, more than half of the worldwide supply (126,000 tonnes) is mined in the Democratic Republic of Congo. Rising prices may impact battery production. Rising prices may impact battery production. Cobalt prices have tripled between 2015 and 2018.

Supplies 259
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IDTechEx: market for EV powertrain materials to reach $47B by 2030

Green Car Congress

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. IDTechEx considered more than 150 battery-electric and plug-in hybrid cars sold between 2015-2019 to show trends in energy density by thermal management strategy and by year.

Market 243
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We Need More Than Just Electric Vehicles

Cars That Think

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.