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Shining a Light on the EV Supply Chain: A Poor Environmental and Human Rights Record

NC State SCRC

However, the general public typically doesn’t understand how supply chains work, and many don’t even know how their box of cereal ends up on their grocery store shelf. The IEA predicts about a seven fold increase of such “green metals” by 2030. Copper and nickel would require $250-300bn in capex before 2030.

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How the Inflation Reduction Act’s EV Tax Credit Will Reshape Supply Chains

QAD

The trend also stands to shake up the global electric vehicle (EV) and battery supply chain, and companies that act decisively now will be more likely to come out on top. The approach calls for a deeper look at procurement chains, critical mineral qualification and the calculation of mineral content.

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

NC State SCRC

But nobody is talking about the supply chain for these vehicles, and the capacity required to build them. Converting an entire supply base of automotive suppliers, who are all focused on building of combustion engine-powered vehicles, and moving them all to electric vehicles, will be a superhuman feat.

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

Elementum

As a finite but clearly valuable resource locked mostly in countries with difficult-to-track labor standards, cobalt’s supply chain has fallen under intense scrutiny in recent months, and companies are rushing to get their share. The Democratic Republic of Congo holds the most global cobalt reserves , at around 3.5 Conclusion.

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4 Crucial Commodities to Watch in 2023

Resilinc

Presently, The Democratic Republic of Congo (DRC) is the top producer of cobalt—making 71% of the world’s supply. According to Siddharth Kara , a researcher of modern-day slavery, “Industrial mines, almost all of them, have artisanal miners working, digging in and around them, feeding cobalt into the formal supply chain.”

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

The UCLA Anderson Global Supply Chain Blog

For example, over 60% of cobalt comes from the Democratic Republic of Congo, which uses the labor of tens of thousands of children as young as four years old in its mines. [4]. Hence, there is significant value in the supply chain for batteries waiting to be unlocked. . Data and assumptions used in savings calculation: .

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Ethical sourcing risks pose challenge to electric vehicle market

Resilinc

As covered in last week’s blog , China’s dominance of supply chains for cobalt—an essential component in lithium-ion battery chemistries—is a growing geopolitical concern for leaders from both parties. The post Ethical sourcing risks pose challenge to electric vehicle market appeared first on Resilinc.