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UN report highlights urgent need to tackle impact of EV battery production boom

Green Car Congress

UNCTAD predicts that some 23 million electric vehicles will be sold over the coming decade: the market for rechargeable car batteries, currently estimated at $7 billion, is forecast to rise to $58 billion by 2024. For example, two-thirds of all cobalt production happens in the Democratic Republic of the Congo (DRC).

Batteries 545