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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

—Yayoi Sekine, head of energy storage at BNEF. Most European countries declined in their overall performance this year with Finland and Czechia being the only exceptions. Finland placed the highest in Europe and was ranked fourth in the overall rankings.

Supplies 195
Supplies Canada South Korea Battery 195
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