Did you know that EVs need up to six times more minerals than conventional cars? EVs are mineral-intensive and are pushing up demand for critical battery metals. According to the International Energy Agency (IEA), lithium, nickel, and cobalt demand is expected to grow from 10%-20% to over 80% by 2030. As countries around the world pledge to go all-electric by 2035 and 2040, Visual Capitalist's Tessa Di Grandi and Zack Aboulazm discuss whether we have enough mineral supply for EV demand? Factors such as geopolitical concentration of resources, quality…
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