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

Green Car Congress

Recycling w/o 2nd” indicates retired batteries that are directly recycled without a second life as energy storage systems (ESSs). Monotonic growth in global demand for critical metals to 2050 is the most prevalent trend. NMC/NCA scenario illustrates that the market share of NMC/NCA will increase to 100% by 2050. Zhang et al.

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

Green Car Congress

According to Bank of America Merrill Lynch, the annual increase in global oil consumption slows dramatically in the years ahead. Roughly 62 percent global cobalt output is found in the Democratic Republic of Congo. By 2030, oil demand could hit a peak and then enter decline, according to a new report. mb/d this year.

Oil 306
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DOE issues RFI to strengthen battery critical materials supply chains

Green Car Congress

In 2019, the US produced an estimated 500 metric tons of Co from a nickel-copper mine in Michigan and mine tailings in Missouri (less than 1% of global mine production), plus an additional 2,700 metric tons in secondary production (recycled materials, post-industrial, and post-consumer materials). fabrication generally flow through China.

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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). —James Frith, head of energy storage at BNEF.

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China’s battery supply chain tops BNEF ranking for third consecutive time; Canada close 2nd, US drops to 3rd

Green Car Congress

China continues to dominate BloombergNEF’s (BNEF) global lithium-ion battery supply chain ranking, for the third time in a row, for both 2022 and its projection for 2027, due to continued support for the electric vehicle demand and raw materials investments. —Yayoi Sekine, head of energy storage at BNEF.

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We Need More Than Just Electric Vehicles

Cars That Think

In 2019, 63 percent of global electricity was produced from fossil-fuel sources, the exact nature of which varies substantially among regions. The 197 signatory nations agreed to hold the increase in the average global temperature to no more than 2 °C above preindustrial levels and to pursue efforts to limit the increase to 1.5 °C.

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

Drive Electric NZ

Fortunately, to improve this issue, battery makers are working towards more responsible supply chains , and have the potential for cheaper, more efficient, and more environmentally friendly energy storage in the near future. In 2021, Global EV purchases jumped to 6.6 Vehicle body and other car parts.