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EV market faces battery material shortage by 2025, says BMI

A former employee of Tesla, Benchmark Mineral Intelligence's principal consultant Vivas Kumar believes battery raw material producers will need to significantly ramp up their capacities within the next five years - otherwise the automotive companies would need to drastically reduce their EV plans.

Elliott Holley
Vivas Kumar believes battery raw materials will have to ramp up production dramatically to meet the EV sector's needs

Vivas Kumar believes battery raw materials will have to ramp up production dramatically to meet the EV sector's needs

MJ: How do you reconcile the apparent disagreement in the market over when battery minerals, especially lithium, will move from oversupply into undersupply? Will the necessary material be there to make...

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