
There are around 1.5 billion cars in the world, the vast majority of which are petrol or diesel. EV sales are rapidly increasing but here’s the problem – there are not enough raw minerals for every internal combustion engine car to be replaced by a 150 kWh-equipped EV.
There is also the problem of affordability. This winter the price of electricity is making public charging for an EV cost almost the same as filling up with petrol or diesel. Fast charging – which allows for smaller, lighter batteries using fewer minerals â is imperative for EVs to go fully mainstream but fast charging is expensive.