article thumbnail

Cornell study examines trade-off between critical metals requirement and transportation decarbonization

Green Car Congress

—Fengqi You, senior author Currently, critical metals and minerals are centralized in politically unstable Chile, Congo, Indonesia, Brazil, Argentina and South Africa, according to the World Bank. Resources Chunbo Zhang et al. Recycling w/2nd” denotes retired batteries reused as ESSs before recycling.

article thumbnail

BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

Green Car Congress

The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials, according to a new study on a unified African supply chain by BloombergNEF (BNEF).

Africa 221
article thumbnail

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. Australia’s Core Lithium Ltd.

Price 52
article thumbnail

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.

Sale 81
article thumbnail

EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

ICEVs have been around for a while, and although they’ve had the time to perfect their manufacturing process and we’ve seen increased pressure on the importance of fuel economy and emissions, the thermal efficiency of the average light vehicle engine remains between 20-35%, and we’re not seeing much improvement beyond this.

article thumbnail

We Need More Than Just Electric Vehicles

Cars That Think

For EVs, much of the environmental burden centers on the production of batteries, the most energy- and resource-intensive component of the vehicle. fleet of light vehicles. For example, the Democratic Republic of Congo (DRC) holds about 50 percent of the world’s cobalt reserves. Next, we turned to our model of the U.S

article thumbnail

Decoding The Complex Supply Chain In The Electric Vehicle Industry

Get Electric Vehicle

Exploring initiatives to promote responsible sourcing and sustainable mining practices will shed light on the industry’s efforts to minimize environmental and social impacts. Additionally, the increasing demand for lithium raises questions about responsible extraction practices and the long-term availability of this resource.