Report Suggests That Europe Trailing Behind in Battery Metal Production

March 23, 2021 14:09:26

Last week, Aperio Intelligence released a report on battery metal production that predicts a significant growth in the demand for raw materials for the e-mobility sector in Europe by 2025. The report reveals that local producers may not be able to meet this increase in demand.

According to the report, in 2019, Europe produced roughly 750,000 electric vehicles (“EVs”). This total is set to increase to by more than 4 million electric vehicles by 2025. This corresponds to a growth from 4% of market…

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