Interesting read and materials required for a 60kw EV battery,...

Interesting read and materials required for a 60kw EV battery, not a lot of Lithium but one of the key products.

“Over the next five years we are likely to see a lot more interest in lithium, graphite and other battery metals players – this means more
investments, partnership offers from the EU auto industry and much pressure from their procurement departments to secure long-term contracts for critical materials.”Some ASX battery metal plays such as European-based lithium play Vulcan Energy (ASX:VUL) have already started to notice the demand is much larger than what they are likely to be able to supply.“On our side, we have already secured several off-take agreements out of Europe with automakers and battery makers who are now coming back to us asking for more volume for longer,” VUL chief commercial officer Vincent Pedailles said.“So they are coming back to us, trying to renegotiate those contracts as early as 2025, which is when we are starting production.“We are currently in the phase of readjusting some of those contracts if we can. When we negotiated the contracts at the end of last year, we saw that the demand was much larger than what we were able to supply.