Black_Kira Navigating the opportunities within the comparatively nascent EV industry will see winners and losers emerge. But how real are the concerns around the battery upstream market and could this genuinely be the next automotive supply chain crisis? In what way can automakers achieve economies of scale while feasibly navigating fluctuating commodity prices to deliver competitively priced EV offerings? This challenge will fundamentally define how the competitive landscape of the automotive industry transpires this decade. Battery raw material: A critical bottleneck within growing EV supply chain Annual production volumes of BEVs are forecast to increase from around 4.8 million in 2021 to more than 50 million in 2034. As a result, unprecedented quantities of battery-grade commodities are needed to support such an uptick and ensure a successful global transition to battery electric…
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