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China's move on Friday to curb exports of graphite, a key electric vehicle battery material, will only accelerate efforts to develop alternative sources and materials, but that will take time,...
China's move on Friday to curb exports of graphite, a key electric vehicle battery material, will only accelerate efforts to develop alternative sources and materials, but that will take time,...
China's move on Friday to curb exports of graphite, a key electric vehicle battery material, will only accelerate efforts to develop alternative sources and materials, but that will take time, industry executives and analysts said. China, the world's largest graphite producer and exporter, will require export permits as of Dec. 1 for some graphite products, including spherical graphite used by automakers. China's decision may escalate trade disputes globally and spur other countries to prioritize research into alternative sources and materials, industry executives said.
While start-ups are working on sodium ion batteries that could eventually provide a cheaper alternative for EVs, the auto industry will be entirely dependent on lithium for its batteries for many years to come.
Chile's move to nationalise its lithium industry adds fresh supply chain uncertainty for global carmakers facing a shortage of electric vehicle (EV) battery materials and could provide fresh urgency to find new sources of the metal.