WILL THE BATTERY MANUFACTURERS STEP UP ?
According to McKinsey , the EV battery market is expected to grow 20 % year-on-year . But , with some countries lagging behind in production , it ’ s uncertain if they ' ll make the number required .
Job creation is also an important factor , as the industry ’ s success determines a larger number of jobs globally . McKinsey estimates that an extra 30 to 40GWh of production capacity could create 3,200 new jobs .
“ WE THINK THAT PEDAL BIKES WILL CONTINUE TO BE A CRITICAL PART OF THE SYSTEM ”
LAURA FOX , GENERAL MANAGER , CITI BIKE , LYFT BIKES AND SCOOTERS