Carmakers facing 'critical' shortage of battery materials

The COVID-19 pandemic may have dampened demand for electric vehicles and associated raw materials in the near term, but “critical” supply issues and wild price volatility loom once normality returns, according to Benchmark Mineral Intelligence head of price assessments Caspar Rawles.

Carmakers facing 'critical' shortage of battery materials Carmakers facing 'critical' shortage of battery materials Carmakers facing 'critical' shortage of battery materials Carmakers facing 'critical' shortage of battery materials Carmakers facing 'critical' shortage of battery materials

Automakers such as Tesla are facing a critical shortage of battery raw materials, says BMI

"Raw materials I would put at situation critical; we've seen inadequate investment to meet future demand that's just going to lead to increased price volatility in the future and make life a lot