IEA Report on Bridging Gap B/w Demand & Supply Of EV Batteries’ Metal

IEA has published a report on the global EV market. In this report, IEA has highlighted how the EV market is growing around the globe. As per the report, electric vehicle sales around the globe are rising and breaking all the previous sales records. On the other hand, the EV charging infrastructure is not growing at the same pace. The EV charging infrastructure needs extra push by the industry.

The report also highlights how electrifying transport can help in the fight against air pollution. It will also reduce the dependency on oil imports which will further help the economy to grow better.
Batteries are the backbone of the EV industry and the way lithium price is rising in the global market is a point of concern.

This report gives you a complete analysis of how and why lithium and other mineral-like cobalt and nickel price is rising. Toward the end, this report also provides a roadmap to accelerate EV adoption around the globe.