REQUIRED MINERALS PER VEHICLE :
ELECTRIC VEHICLE :
INTERNAL COMBUSTION VEHICLE :
fleets from diesel to electric , there are still questions to be asked regarding the supply of precious materials . According to the International Energy Agency ( IEA ), battery vehicles require six times more minerals than a conventional internal combustion vehicle ( ICV ).
A HIGH POTENTIAL FOR GROWTH IN BATTERY MANUFACTURING
In order to really understand the scale of potential in the battery manufacturing industry we turn to the trusted management consulting firm , McKinsey , for some critical analysis of its growth .
The company forecasts a significant amount of expansion in the battery value chain over
REQUIRED MINERALS PER VEHICLE :
ELECTRIC VEHICLE :
Manganese : 24.5kg Copper : 53.2kg Lithium : 8.9kg Cobalt : 13.3kg Nickel : 39.9kg Graphite : 66.3kg
INTERNAL COMBUSTION VEHICLE :
Manganese : 11.2kg Copper : 22.3kg
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