Approximately 80 percent of the European demand for refined lithium for battery cell production is projected to be met by local suppliers by 2030. Over 50 percent of this region's demand for mined lithium will be likely supplied unless local communities oppose its extraction. In comparison, less than 25 percent of cobalt and nickel demand will be met in Europe. Insufficient raw materials supply is one of the factors putting battery production projects at risk in this continent.
Projected supply of raw materials for battery production in Europe by 2030, as percentage of demand
Supply and demand calculated by the source in a regulatory scenario accounting for projected standard CO2 emission by vehicles and grid storage needs.
Excludes existing capacities for nickel and cobalt.
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Transport & Environment. (March 6, 2023). Projected supply of raw materials for battery production in Europe by 2030, as percentage of demand [Graph]. In Statista. Retrieved December 16, 2024, from https://www.statista.com/statistics/1375159/supply-of-raw-materials-for-batteries-outlook-europe/
Transport & Environment. "Projected supply of raw materials for battery production in Europe by 2030, as percentage of demand." Chart. March 6, 2023. Statista. Accessed December 16, 2024. https://www.statista.com/statistics/1375159/supply-of-raw-materials-for-batteries-outlook-europe/
Transport & Environment. (2023). Projected supply of raw materials for battery production in Europe by 2030, as percentage of demand. Statista. Statista Inc.. Accessed: December 16, 2024. https://www.statista.com/statistics/1375159/supply-of-raw-materials-for-batteries-outlook-europe/
Transport & Environment. "Projected Supply of Raw Materials for Battery Production in Europe by 2030, as Percentage of Demand." Statista, Statista Inc., 6 Mar 2023, https://www.statista.com/statistics/1375159/supply-of-raw-materials-for-batteries-outlook-europe/
Transport & Environment, Projected supply of raw materials for battery production in Europe by 2030, as percentage of demand Statista, https://www.statista.com/statistics/1375159/supply-of-raw-materials-for-batteries-outlook-europe/ (last visited December 16, 2024)
Projected supply of raw materials for battery production in Europe by 2030, as percentage of demand [Graph], Transport & Environment, March 6, 2023. [Online]. Available: https://www.statista.com/statistics/1375159/supply-of-raw-materials-for-batteries-outlook-europe/
