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Electric vehicle sales leapt 55% in 2022 - The World Economic Forum
May 11, 2023 · These figures include both battery electric vehicles (BEVs) and plug-in hybrids (PHEVs). Electric vehicles made up 13% of light vehicle sales worldwide in 2022. Image: EV Volumes
The future of the EV supply chain amid US-China tensions
Jan 21, 2025 · China’s rise as a superpower in the electric vehicle (EV) industry has reshaped global supply chains, and at the centre of this transformation is Contemporary Amperex Technology Co. Ltd. (CATL). As the world’s largest EV battery maker, CATL has become a critical player in the clean energy transition – and a lightning rod for geopolitical ...
Electric vehicle demand – has the world got enough lithium?
Jul 20, 2022 · Dividing lithium production by the amount needed per battery shows that enough lithium was mined last year to make just under 11.4 million EV batteries. This is a level that annual electric vehicle purchases could hit soon, after first-quarter sales rose by 75% on the year to touch 2 million, according to IEA figures.
3 challenges en route to electric vehicle batteries driving the ...
Dec 12, 2022 · Between 2020 and 2021, electric vehicle (EV) sales increased by 50% to 6.6 million vehicles. By 2030, EVs could exceed 50% of total automotive sales in markets, backed by major markets’ internal combustion car phase-out regulations. As cars, trucks and buses are increasingly battery-powered and generate zero tail-pipe emissions, the ...
5 innovators making the electric vehicle battery more sustainable
May 3, 2021 · Global stock of electric vehicles (EVs) could reach 245 million units by 2030, according to the International Energy Agency. While EVs emit less CO2, their batteries are tough to recycle. Made from cobalt, lithium and nickel, the mining of these raw materials raises ethical and environmental concerns.
The hidden cost of the electric car boom – child labour
Sep 24, 2018 · As a critical raw material in lithium-ion battery production, cobalt is in high demand. It is needed to power smartphones, tablets, and laptops as well as electric vehicles, but it is the latter where astronomical growth risks perpetuating misery.
Global boom in electric vehicles will strain mineral supply
Jun 25, 2021 · As it transitions from fossil fuels to renewables, electricity generation will place a burden on the global supply of critical battery minerals. The world’s battery capacity must grow 40 times larger than it is today, and electric vehicles will require 80% of that future capacity. There will also be increased need for integrated circuits.
Fully charged: how AI-powered battery testing can support the EV …
Dec 19, 2024 · While the transition to sustainable mobility takes time, AI accelerates the journey. Engineers with powerful tools to decode EV battery physics complexities drive this transition. Electric vehicles' future depends on their ability to innovate; AI, when trusted and understood, becomes their most powerful ally.
Producing batteries for green technology harms the environment.
Nov 28, 2017 · Firstly, producing an electric vehicle contributes, on average, twice as much to global warming potential and uses double the amount of energy than producing a combustion engine car. This is mainly because of its battery. Battery production uses a lot of energy, from the extraction of raw materials to the electricity consumed in manufacture.
The dirty secret of electric vehicles | World Economic Forum
Mar 27, 2019 · Last year, 2.1 million new electric vehicles were sold worldwide. China is the world’s largest electric car market, accounting for 1.2 million - 56% of all electric vehicles sold in 2018. China also accounts for 99% of sales of electric trucks, buses, motorcycles and scooters.