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Rising demand for lithium-ion batteries may lead to shortages in raw material supply

Rising demand for lithium-ion batteries may lead to shortages in raw material supply

Download Study
The lithium-ion battery market is expected to grow 30 percent per year until 2030 – driven by electric vehicles Development creates new supply chain risks, particularly around lithium, nickel and cobalt Mitigation requires increased vertical integration, supply chain regionalization and closed-loop battery recycling
Munich, April 2022: Interest in battery electric vehicles (