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    About Us ›

    We aim to provide our Supply Chain Solutions customers with unparalleled insight and visibility into their supply chains

    supply chain products
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    Committed to working with our customers to create a sustainable supply chain since our inception in 2015

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    The Cost of Lost Shipments: How Real-Time Tracking Saves Businesses Millions
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    Rising Lorry Queues and Port Delays Making Supply Chain Visibility a MUST
    Learn More
    How Hanhaa goes Beyond Small Package Delivery to Solve for Project, Pallet, and other Outsized Load Transportation Issues
    Learn More
    TrackIQ Using ParceLive To Monitor Wine and Spirits In Transport
    Learn More
    DS Smith Using ParceLive To Monitor Confectionery In Transport
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    8 Logistics Challenges You Must Overcome to Succeed in 2021
    Learn More
    Changing Consumer Behaviour And The Impact On Logistics
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An Unpredictable Future Awaits The Battery Supply Chain For Electric Vehicles

July 30, 2019
in Hanhaa News

Data: Wood Mackenzie; Chart: Axios Visuals

 

There could be a “supply crunch” for cobalt, lithium, and nickel used in batteries for electric vehicles and other applications as soon as the mid-2020s, the consultancy Wood Mackenzie said Wednesday.

The big picture: The chart above shows their projections of demand for materials used in EVs but also batteries needed for consumer electronics and energy storage.

What’s next: Wood Mackenzie forecasts that pure electrics and plug-in hybrids combined will account for 7% of all passenger car sales by 2025, 14% by 2030 and 38% by 2040.

  • Of note: That’s less bullish than BloombergNEF, which sees EVs accounting for 57% of passenger car sales in 2040.

The bottom line: “The electrification of transport is redefining a number of metals markets,” Wood Mackenzie said in a release summarizing their analysis.

What they’re saying: Wood Mackenzie research director Gavin Montgomery said battery supply chains could be among the challenges for long-term EV adoption.

  • “It’s true that most automotive manufacturers plan to go completely electric by 2050. However, unless battery technology can be developed, tested, commercialised, manufactured and integrated into EVs and their supply chains faster than ever before, it will be impossible for many EV targets and ICE bans to be achieved — posing issues for current EV adoption rate projections,” he said in a statement.
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