A report on battery metals produced by Aperio Intelligence on behalf of Eurobattery Minerals forecasts a considerable increase in raw materials demand for Europe’s e-mobility sector by 2025, which is unlikely to be met by local producers. According to the document, Europe produced around 750,000 EVs in 2019, a total that is set to rise to more than 4 million in 2025. This equates to an increase from 4% of market share in 2019 to 22% market share in 2025. Aperio Intelligence says this production growth can be broadly split between battery…
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