Featured in Bags of cash – 11-2022

Mind the gap

Wood Mackenzie Senior Research Analyst Max Reid explains why recycling battery materials will not be enough to meet projected electric vehicle demand in 2030. Miners need to get to work, and fast.

The lithium-ion (Li-ion) battery is an energy transition game-changer. Transport electrification is a must for governments – and automakers – with net-zero pledges. Early electric vehicles (EVs) were powered by nickel-metal hydride (NiMH) batteries – good enough for plug-in hybrids (PHEVs) which still relied on combustion engines, but not good enough to go fully electric …

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