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

Green Car Congress

b) Region-specific/vehicle-specific/battery-specific cumulative (from 2010 to 2050) demand for critical metals and the cumulative potential secondary production from recycling. (c) c) Sensitivity of cumulative requirement under different battery scenarios. Recycling w/2nd” denotes retired batteries reused as ESSs before recycling.

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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.” Rising EV battery prices do not help.

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Tesla a frontrunner in race to develop renewable batteries

Teslarati

It is also evolving, with key players in the industry now looking for a way to make batteries without the use of rare earth minerals. Back in 2020, Tesla announced that it was looking to remove cobalt from its batteries to create a better and cheaper electric vehicle. The electric vehicle sector is not just growing.

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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). Source: BNEF.

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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. Battery metals have been a bright spot for the mining industry in recent years. Chemaf Resources Ltd. and General Motors Co.

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Bank of America: Oil Demand Growth to Hit Zero Within a Decade, EVs the Culprit

Green Car Congress

Roughly 62 percent global cobalt output is found in the Democratic Republic of Congo. EVs are shifting demand away from gasoline, IMO causes switching into diesel, and strong petchems demand growth is shifting demand toward the light part of the barrel, including NGLs in particular,” BofAML wrote. “We

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

Drive Electric

A battery electric vehicle (BEV) uses an electric motor instead of an internal combustion engine. These vehicles use large traction battery packs to power the motor. So, are electric vehicles are still as eco-friendly when the manufacturing process of the car and battery are taken into consideration?