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Monday, December 30, 2024

The race to make EV batteries sustainable - Fortune

Last updated Tuesday, September 28, 2021 16:00 ET , Source: NewsService

While numerous governments and automakers have recently announced ambitious plans to transition to emission-free vehicles, many lack a clear roadmap to where these millions of batteries are going to come from.

Countries are running out of time – and resources – to produce enough batteries to satisfy this new consumer demand. As a result, everywhere from the deep sea to the shallow Salton Sea is being plundered for minerals to prepare to find enough materials and accommodate for this shift in policies.

The United States is facing an EV battery shortage as automakers ramp up production in order to meet the Joe Biden administration’s goal of making half of all new vehicles sold in the country either battery electric, plug-in hybrid electric, or fuel cell electric.

“Many of the battery materials today do not have a supply chain that’s sustainable,” said Venkat Srinivasan, director of the Argonne Collaborative Center for Energy Storage Science.

“The materials we are using should be easily available from the earth, energy efficient to remove, and the mining should not be problematic in terms of labor practices,” he noted. “Recycling is an integral part of sustainable [production] – and if we don’t get there soon, we are going to have problems.”

As the global race to transition to clean energy vehicles and carbon-neutral transportation accelerated, the focus on how quickly the world can produce sustainably and ethically sourced electric vehicle (EV) batteries has also sharpened.

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Read Full Story: https://fortune.com/2021/09/28/ev-batteries-sustainability-electric-vehicles/

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