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The EV Transition Explained: How to Meet Sales Targets?

Cars That Think

For instance, the Rocky Mountain Institute (RMI) estimates that 1-in-4 light-duty vehicles, or about 70 million EVs, must be on US roads by 2030 to meet the GHG reduction target. You cannot change the sources from Congo, China and other places within two to three years.” Pablo Di Si There are also income caps.

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Battery metal price plunge is closing mines and stalling deals – ET Auto

Baua Electric

Lithium — the ultra-light metal used in electric-vehicle batteries — has plunged more than 80% from a late-2022 record, as the market whiplashed from shortage fears to a mountain of surplus inventories. Chemaf Resources Ltd. Yet supply charged ahead as demand growth underwhelmed, and the result has been a price freefall.

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We Need More Than Just Electric Vehicles

Cars That Think

Our 2020 study , published in Nature Climate Change , found that manufacturing a typical EV sold in the United States in 2018 emitted about 7 to 12 tonnes of carbon dioxide, compared with about 5 to 6 tonnes for a gasoline-fueled vehicle. fleet of light vehicles. An EV operated in Yunnan emits about 60 percent less.