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Browsing the "Albemarle Corporation" Tag

China EV Forecast: 50% EV Market Share by 2025 — Part 3, Ramping Production

February 24th, 2019 | by Dr. Maximilian Holland

China is charging full speed ahead into electric vehicles, on track to sell over 2 million electric vehicles this year, from 1.1 million in 2018. The rapid growth has been driven partly by policy, but increasingly by consumer demand. In the 3rd and final part of this series (check out part one and part two, if you missed them), we look at the ramp up in EV production and battery supply. Will production capacity be able to keep pace with the rapid growth in EV demand



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