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Will Toyota’s new battery design solve the looming shortage of vital metals for renewables?

February 14, 2019 by Parakram Pyakurel

We all know the important part played by lithium in battery manufacture. But there is a longer list of metals - including copper, cobalt and neodymium – that must ramp up supply for the continued rapid growth of EVs, solar, wind and other renewables technologies. EVs alone will increase the consumption of copper nine-fold by 2027. Cobalt prices already doubled in 2017. Neodymium use will rise by 700% in the next few decades to satisfy our need … [Read more...]

Filed Under: Energy, Innovations, Renewables Tagged With: bio, cobalt, copper, EVs, neodymium, Prius, rare earth metals, renewables, solar, Toyota, transition, wind

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      Recent Posts

      Industry’s EU ETS reforms and CBAM: how firms can turn the rising cost of carbon into competitive advantage

      Concawe Symposium tackles climate and pollution as RED commits fuel companies to 29% renewable content from 2030

      Affordable €25k EVs by 2025: Europe’s carmakers can do it. Instead they’re making more profitable SUVs

      Oil & Gas business is fatally flawed: Russia-Ukraine only delayed the relentless decline in prices

      Space-Based Solar Power: getting closer as SpaceX and Blue Origin bring down the cost of heavy-lift launches?

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