The UK is the seventh most expensive country to charge an electric vehicle (EV) in Europe, according to new research from Irish price comparison website Switcher.ie.
Current 16th April 2021 read more »
The electric car boom risks being stalled by a severe shortage of a crucial ingredient used in batteries within the next decade, analysts have warned. Car makers will face production delays on millions of electric vehicles as mining for lithium fails to keep pace with soaring demand, according to Rystad Energy. Mining capacity can cope with current demand in electric vehicles, but car makers will face “a serious lithium supply deficit” from 2027, the energy research firm predicted. The supply crunch is expected to hit just before the UK’s ban on new petrol and diesel sales begins in 2030. It warned the shortage could triple the price of lithium by the end of the decade unless new investment in mines is made soon. James Ley of Rystad Energy warned that major disruption was brewing for electric car manufacturers.
Telegraph 19th April 2021 read more »