So far, 90 percent of the world’s EV sales have come from the U.S., China and Europe. That means countries responsible for about a third of auto sales globally have yet to pass the tipping point.
Just four of the 20 most populous countries have made the pivot. Even if the circles of demand continue to widen, it’s uncertain whether miners will be able to keep up the pace for critical battery materials.
Still, global sales of new internal combustion engines peaked in 2017, and…
Comments are closed