View this email in your browser
December 14, 2020
Innovations in Battery Technology and Supply Chain Expected in 2021
Source: ICCT
Last week, we highlighted the anticipated drop in battery prices that continues to make EVs more competitive with conventional vehicles. Analysts at Morgan Stanley predict that falling battery prices are one factor in addition to a surge new models that will lead to a 50 percent increase in global EV sales in 2021. An expanding global EV market will also increase demand for minerals needed to manufacture batteries. A new report from the International Council on Clean Transportation (ICCT) quantifies the raw materials needed to support the growing global EV sector and the potential to advance battery recycling practices.

The report finds that an estimated global investment of $680 billion in EV manufacturing and battery procurement would require additional investment in mining and refining activities upstream to avoid supply crunches through 2025. While ICCT claims that further investment is needed, they find that the reserves of essential materials for batteries are more than sufficient to meet demand. Notably, the projected growth in passenger EVs by 2035 is expected to tap only eight to 14 percent of proven global lithium, nickel, and cobalt reserves. The report also highlights innovations in EV batteries that could reduce the per kilowatt-hour demand for Cobalt, a mineral linked to conflict zones and exploitation of workers, by 75 percent. Daimler is one of several automakers that have taken the lead in addressed this issue throughout their supply chains, committing in November to sourcing minerals from certified mines with stronger worker protections.

There are more ways EV stakeholders can minimize their mineral footprints. According to the ICCT, policy commitments pushing EV sales in China, Europe, and select states and provinces in the United States and Canada are key factors driving growth in the EV market. These commitments are also a potential source of battery supply shortages within the most advanced EV markets. In these areas, manufacturers and other stakeholders have an opportunity to scale up battery recycling to both reduce the mining footprint of EVs and ensure reliable supplies. The ICCT finds that recycling and second-life battery use for applications like energy storage could reduce the raw material demand by 20 percent through 2040 while still meeting EV market growth. These developments could reduce the environmental externalities associated with increasing mining that have been covered in recent media stories.

Reduction in mining demand is possible even without anticipated advancements in battery technology being pursued by automakers and manufacturers around the world. Toyota has promised a potential solid state battery prototype as early as 2021 in an announcement on December 10th. By advancing from the existing lithium-ion chemistry, the automaker claims their new batteries could offer vehicle range up to 500 kilometers and a charge time of ten minutes. Toyota isn’t the only company looking to new battery chemistries to achieve EV success and it faces competition from Nissan and other automakers. Tech startups are also active in the race to solid state battery marketization. In one of their first major public announcements on December 8th, Volkswagen-backed QuantumScape announced they will enter full production in 2024. On the Lithium-ion front, Tesla and GM have both announced battery innovations in the second half of 2020 that are expected to produce longer ranges and faster recharge times for upcoming EVs. You can track the global private investment in EV and battery development, now totaling more than $450 billion, on the Global Private Investment Dashboard.
See the Private Investment Dashboard
EV Hub Live Episode #5 on 12/15

In this episode of EV Hub Live, Nick Nigro will sit down with Michael Berube, Deputy Assistant Secretary for Transportation at the U.S. Department of Energy and Joe Britton, the Executive Director of the newly formed Zero Emission Transportation Alliance. We’ll discuss the vehicle and charging technology progress we can expect in the near term and the importance of U.S. leadership in electric transportation.

Join the conversation at 11:30 am EST on Tuesday, December 15th. 

You can subscribe to our YouTube Chanel and listen to all EV Hub live podcasts here.

Join the Episode
Follow the EV Hub on Twitter!
The EV Hub is active on Twitter and we encourage you to retweet or like anything you found useful. Follow us for relevant media stories and updates to EV Hub resources throughout the week!
Follow the EV Hub
Media Pulse
NEWS FROM MANUFACTURERS (BLUE) LED THE NEWS
Our choice clips from last week:
View Our Media Stories Dashboard
EV Hub News

California to Ban Sale of New Gas Vehicles by 2035

California, the nation’s largest vehicle market, has announced that the sale of new gasoline passenger cars and trucks will be banned after 2035. The ban comes as a result of an Executive Order from Governor Gavin Newsom and directly addresses the state’s long-term climate goals amid an ongoing season of particularly extreme wildfires. The next steps will be for the California Air Resources Board (CARB) to establish binding requirements setting this new rule in motion. Read More Here

15 States Commit to 100% ZEV Truck and Bus Sales By 2050

Organized by the Northeast States for Coordinated Air Use Management (NESCAUM), 15 states and Washington DC have come together in support of rapid electrification of the medium-and heavy-duty vehicle sector. The MOU signed by participating states calls for all new truck and bus sales to be zero emission by 2050. States partnering on the MOU include California, Colorado, Connecticut, Hawaii, Maine, Maryland, Massachusetts, New Jersey, New York, North Carolina, Oregon, Pennsylvania, Rhode Island, Vermont, and Washington. Read More Here

West Coast Clean Transit Corridor Initiative Final Study Released

The West Coast Clean Transit Initiative, a network of nine electric utilities and two public agencies representing more than two dozen municipal utilities, published their final report on June 17, 2020. The report outlines key findings from a study assessing the prospect of implementing EV charging fro freight trucks along the entire stretch of Interstate 5. The study recommends a phased approach for electrifying the I-5 corridor. At least 27 stations spaced out at 50-mile intervals would be included in phase one of the roll out which will take place through 2025. Read More Here

Catch Up On EV Hub News Alerts
Job Openings
Below are current job openings in transportation electrification: If you have a job posting you would like to share with EV Hub users, please send them to us in an email at info@atlasevhub.com.
Upcoming Events

In this episode of EV Hub Live, Nick Nigro will sit down with Michael Berube, Deputy Assistant Secretary for Transportation at the U.S. Department of Energy and Joe Britton, the Executive Director of the newly formed Zero Emission Transportation Alliance. We’ll discuss the vehicle and charging technology progress we can expect in the near term and the importance of U.S. leadership in electric transportation. Learn more.

December 15th @ 11:30am EST

View Our Events Calendar
Website
Email
Twitter
LinkedIn
Some EV Hub Content is Only Accessible for EV Hub Members 

Copyright © 2020 Atlas Public Policy, All rights reserved.



Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.

Email Marketing Powered by Mailchimp