https://www.theparliamentmagazine.eu/
Lithium is the driving force behind our new battery-powered world, but can Europe ensure its supply keeps pace with demand?
Earlier this year, the European Parliament approved the Fit for 55 package, the European Union’s ambitious plan to achieve climate neutrality by 2050. Increasing use of electric vehicles will be essential to this plan – and to power those vehicles, Europe will need to significantly shore up its lithium supply.
According to a briefing prepared for the EU Parliament in 2021, Europe will need access to 18 times more lithium by 2030 and 60 times more by 2050, to meet projected demand for electric vehicles, which predominantly use lithium-powered batteries.