Automobile: Stellantis puts double bites in electric

Carlos Tavares, the group's boss, announced on Thursday that battery-powered vehicles would account for 70% of sales in 2030 in Europe, up from 14% this year. The decision to build new battery plants in Europe and the United States is expected to be made this year.

Automobile : Stellantis met les bouchées doubles dans l'électrique | Les Echos

"Demand for lithium-ion batteries is expected to surge tenfold by 2030, according to BloombergNEF. Meanwhile, Benchmark Mineral expects a structural deficit for lithium could emerge as soon as late 2021 and increase to 120,000 tons in 2022, according to Perks."

Skyrocketing metal prices threaten to hinder EV affordability - MINING.COM