Infographic: The Demand for Battery Raw Materials

;

The Demand for Battery Raw Materials

Metals play a pivotal role in the energy transition, as EVs and energy storage systems rely on batteries, which, in turn, require metals.

This graphic forecasts raw material demand from batteries. It presents a base case scenario that incorporates the evolution of current policies, indicating a global temperature rise of 2.5°C by 2100. Additionally, it explores an accelerated (AET) scenario, where the world aims to limit the rise in global temperatures to 1.5°C by the end of this century.

All data provided is derived from our Electric Vehicle and Battery Supply Chain Service.

Download the full infographic to gain a visual understanding of the demand for battery raw materials in a base case and accelerated scenarios.

  • Event

    Future Facing Commodities Forum

    Future Facing Commodities Forum returns on 27 March, focusing on the 2024 outlook for those materials that are crucial to building our electrified ...

An oil pump in a vast snow covered field at sunset.

Realize Full Value: Beyond Analytics, Towards Leadership

Whether you prioritize daily operational agility, detailed asset-level insights, or robust long-term strategic positioning, having both Lens Upstream and Upstream Service ensures you're equipped.

Discover the Combined Advantage