raw materials

EV Battery Raw Material Shortages To Limit EV Market Growth? (Germany’s Largest Auto Association Warns…

A possible electric vehicle battery raw material shortage could limit the planned growth of the sector over the coming years, an exec at Germany’s largest auto industry association, BDI, has been quoted as saying.

The warning from BDI’s head of security and raw materials, Matthias Wachter, posits that demand for electric vehicles is growing faster than production capacity and thus that raw material bottlenecks may emerge relatively soon owing to resource market realities.