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Geopolitics could hamper switch to EVs

Date: 17 December 2020   |   Author: Jack Carfrae The political landscape and location of key electric vehicle components could be a sticking point for the government s bold EV plans. The UK government s ambitious plans to phase out sales of new internal combustion-engined cars from 2030 could be hindered by the locations of key raw materials required for electric vehicle production and the ability to secure supply.   A report by the European Commission called Critical Raw Materials Resilience: Charting a Path towards Greater Security and Sustainability, published in September 2020, highlighted the bloc s concerns about its capacity to gather resources. It illustrated the continent s relative lack of natural materials in comparison to other areas of the world, especially China, which is the biggest supplier of 10 such resources to the European Union.  

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