Fast Chargi ng Infrastructure for the Electric Vehicle Revolution ANALYST DAY PRESENTATION September 2021 Disclaimer This presentation is for. | September 22, 2021
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Tesla is looking overseas to shore up its supply of raw materials to make its EV batteries, and Australia's rich nickel and lithium mines fit the bill.
The Electric Vehicle Revolution’s ‘Gap’
The world’s passenger and commercial fleets are being electrified.
That much is certain. Thanks to falling costs, shifting laws, and improving technology, electric cars, busses, vans and trucks will increasingly become the global norm.
But ubiquity for electric vehicles is a long way off.
Most cars on the road today (about 97%) are powered by fossil fuels. By extension, nearly all of the automotive manufacturing capacity in the world is wired to create gas and diesel vehicles.
Producing enough EVs to displace the tens of millions of gas and diesel cars, busses, vans and trucks on the road today will require a “re-jigging” of the world’s automotive manufacturing network – something that will inevitably take years, even decades, to fully complete.