Europe and US face diminishing lithium supply for electric vehicle batteries

A working lithium mine with piles of salt and a view of the Andes mountain range behind

Source: © Xeni4ka/Getty Images

China will still dominate the market for the vital battery metal in 2030

Lithium supply in Europe and the US will not meet the demand for electric vehicle batteries by 2030, despite significant predicted increases in production over this time, new research suggests.

China is predicted to continue its control of the market with greater access to imported lithium and better refining capacity than other regions, as well as a large domestic electric battery industry.