Europe is ‘miles behind’ in race for raw materials used in electric car batteries

2 months ago 38

EU and UK carmakers have secured just 16% of lithium, cobalt and nickel needed to hit 2030 targets, says study

European carmakers have secured less than a sixth of the key raw materials they will need by 2030 to make electric vehicle batteries, according to analysis that highlights the expected scramble for green-tech resources.

Carmakers have secured contracts for 16% of the lithium, cobalt and nickel required to hit their 2030 electric car sales targets, according to public disclosures analysed by Transport & Environment (T&E), a Brussels-based campaign group.

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