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Electrifying road transport with less mining : A global and regional battery material outlook

The study estimates that announced global battery production capacities for electric vehicles exceed demand through 2030. For the global supply in battery minerals, the scaling-up of mining capacities is keeping pace with the growing demand in the medium term, while global mineral reserves are sufficient to support future battery production in the long term.

ICCT Authors: Eyal Li, Georg Bieker, Arijit Sen,
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International Council on Clean Transportation

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