The Bottlenecks in Battery Manufacturing Capacity

Electric vehicles are just starting to rip up the road. They only represent about 10% of global vehicle sales today. But that number is likely to reach 40% by 2030 - a death knell for gas-guzzling counterparts. California's regulators voted to halt sale of new petrol powered cars by 2035, latest policy aimed at reducing climate-altering emissions. It all sounds great on paper, but there's a hitch. There are two problems with the huge uptake of electric vehicles needed to tackle climate change. The biggest and most expensive bit of an electric vehicle is providing the batteries themselves. We need plenty of battery manufacturing capacity, but before that, it's getting the raw materials and