The Great Simplification with Nate Hagens cover image

"Electric Vehicles": Arthur Berman, Simon Michaux & Pedro Prieto | Reality Roundtable #01

The Great Simplification with Nate Hagens

NOTE

Plan with Caution: Material Shortfalls Loom

A projected six-hour buffer for stationary storage reveals significant material shortfalls for essential resources such as copper, nickel, lithium, cobalt, and vanadium. Within the next six years, Europe aims to manufacture 76.6 million electric vehicles requiring 3.4 terawatt hours of batteries and to develop 1.7 hydrogen fuel cell trucks. Additionally, the capacity to produce, transport, and store nearly 2.94 million tons of hydrogen annually presents a substantial logistical challenge, underscoring the critical need for resource management and planning.

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