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Vanadium Recovery Project targeting significant increase in vanadium production in Europe with low emissions

Green Car Congress

MARCH 27, 2022

It is becoming recognized as a significant addition to new lithium-ion chemistries used in electric vehicles as well as in VRFBs used for long duration energy storage solutions from renewable sources. Currently, approximately 75% of global vanadium supply is sourced from China, South Africa, and Russia.

Europe 243
Europe Emissions South Africa Production 243
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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

NOVEMBER 13, 2022

China currently hosts 75% of all battery cell manufacturing capacity and 90% of anode and electrolyte production. This year, the changes in the overall rankings were mostly driven by the greater access to several key raw materials and manufacturing capacities domestically. —Yayoi Sekine, head of energy storage at BNEF.

Supplies 195
Supplies Canada South Korea Batteries 195
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