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EVs Oil markets
Ian Lewis
12 June 2019
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EV revolution could stall due to mineral shortages

More planning is required to ensure adequate supply, researchers say

A potential shortage of minerals needed to produce the billions of batteries required to power electric vehicles (EVs) risks slowing down the transition from internal combustion engines (ICEs) to cleaner forms of transport, according to a team of UK-based scientists. Researchers working on the Security of Supply of Mineral Resources (SOS Minerals) multi-institution research programme, partly funded by the UK government, have crunched the numbers and come up with some daunting-looking headline figures. They looked at the amount of minerals required to make all cars and vans in the UK electric by 2050—based on the current UK fleet size of some 31.5mn vehicles—and for all new sales to be purely

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Supply is gradually returning, but the market will remain tight into next year

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