This article focuses on three key measures for preventing or responding to EV battery shortages: industrialization and scale-up of gigafactories, strategies to find and retain talent, and establishment of a robust and efficient supply chain.
Two factors are behind the expected shortfall. First, the amount of lithium extracted from deposits around the world is projected to fall well short of demand. Second, the capacity for refining the mineral into the chemicals used in lithium-ion batteries is heavily concentrated in a handful of countries.
But it seems that, in our rush to escape the use of carbon fuels, we have replaced one scarce resource for another, with Tesla reporting that they believe global shortages of these vital battery components are on the way. Why are these minerals in short supply?
In fact, the battery supply chain risks facing a situation similar to the current semiconductor chip shortage, where demand growth has outstripped capital investment in new supply. Furthermore, environmental, social, and governance (ESG) factors will play a more significant role—raising another set of issues that companies need to address.
Just as analysts tend to underestimate the amount of energy generated from renewable sources, battery demand forecasts typically underestimate the market size and are regularly corrected upwards.
oncerns about the EV battery supply chain’s ability to meet increasing demand. Although there is suficient planned manufacturing capacity, the supply chain is currently vulnerable to shortages and disruption due to ge
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BATTERY SHORTAGE
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[SOLVED] Is a power shortage bad for the PC if it''s turned off?
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