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How EV Manufacturers Can Navigate Supply Chain Complexity

Arena Solutions

Electric vehicles (EVs) are projected to account for 30% of all vehicle sales by 2025 1. DEVELOP THE RIGHT SOURCING STRATEGY. Although EVs are comprised of fewer mechanical parts as compared to traditional ICE vehicles, they incorporate highly sophisticated technology that is much more difficult to source and mass produce.

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Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

The Democratic Republic of Congo holds the most global cobalt reserves , at around 3.5 Traditionally, companies like Apple haven’t purchased the metal directly from mines, but through brokers like China’s Congo Dong Fang Mining. Cobalt demand will exceed supply by 42% in 2025 and 170% in 2030. million metric tons. Conclusion.

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4 Crucial Commodities to Watch in 2023

Resilinc

Due to electric vehicle (EV) production, demand for cobalt is expected to increase 293% by 2025. Presently, The Democratic Republic of Congo (DRC) is the top producer of cobalt—making 71% of the world’s supply. We recommend a 24/7 news monitoring platform that reads hundreds of news sources—so you don’t have to.

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The reality of green energy: “green metal” supply chains won’t be able to keep up

NC State SCRC

GM has committed to 30 new electric vehicles by 2025. The authors then used industry sources to project demand and revenue for thee fossil fuels (oil, gas, coal) vs. seven “green” metals (aluminum, cobalt, copper, lithium, nickel, silver and zinc) that are critical to building an energy economy.

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Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

The Democratic Republic of Congo holds the most global cobalt reserves , at around 3.5 Traditionally, companies like Apple haven’t purchased the metal directly from mines, but through brokers like China’s Congo Dong Fang Mining. Cobalt demand will exceed supply by 42% in 2025 and 170% in 2030. million metric tons. Conclusion.

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The (Potential) Value of Labeling in the Lithium Ion Battery Supply Chain

The UCLA Anderson Global Supply Chain Blog

Correspondingly, demand for lithium-ion batteries has also increased and is expected to continue increasing – the lithium-ion battery market is thought to have a CAGR of 14%, with the transport sector accounting for 60% of the market by 2025. [1] Image source: “Electric Vehicle Outlook 2018 | Bloomberg New Energy Finance.”

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An update on copper

Resilinc

Growing scrutiny of ESG impacts of mining is strengthening demand for sustainably sourced metals —but IEA worries that “higher-performing supply chains may not be sufficient to meet demand.” Supply gaps might emerge after 2025 … with the expected rise in demand created by the energy transition.”.