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NMC 811

Experts warn on ‘raw material cost’ of powering EVs

Fri, 06/07/2019 - 13:07 -- John Shepherd
Experts warn on ‘raw material cost’ of powering EVs

Experts have warned that producing a new generation of electric vehicles— and supplying the electricity to keep their batteries charged— will add up to costly and “huge implications” for the world’s natural resources.

The UK alone would need just under twice the current annual world cobalt production to meet its EV targets for 2050, according to a letter to government climate change advisers co-authored by the head of earth sciences at the UK’s Natural History Museum, Prof Richard Herrington.

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UK’s Johnson Matthey tight-lipped on site for post-Brexit battery tech plant

Thu, 06/07/2018 - 11:17 -- Xuan Zhong
UK’s Johnson Matthey tight-lipped on site for post-Brexit battery tech plant

UK-based speciality chemicals company Johnson Matthey (JM) is set to launch commercial production of its “high energy” battery material technology by 2022— but is staying tight-lipped about which country will host the plant.

Investors have been told the enhanced lithium nickel oxide (eLNO) material plant, which will target batteries for the electric vehicles market, “will be located in Europe, in line with the development of its supply chain”.

 

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