Graphite is the dominant anode material used in lithium-ion batteries.
In fact, almost 30% of a lithium-ion battery consists of this material. However, as demand is increasing, material availability becomes topical. What if European EV and battery manufacturers could say that their anode is made from a tree
The challenge: Demand for EV battery anode ingredient expected to exceed supply
As major economies are transitioning away from fossil fuels and introducing e-mobility policies, the EV market is booming. This means that the demand for batteries and battery materials will be rising considerably in the coming years. Today, graphite is the dominant anode material used in lithium-ion batteries. According to the World Bank, graphite accounts for nearly 54% of the mineral demand in batteries.
In the future, the availability of materials might face a drastic drop, as policy interventions…
Stora Enso – In the future, car batteries can be made from trees and this is why European EV and battery manufacturers should care
