Solar power focus on global electric car battery demand for raw materials will soar

Unctad released project according to the report, the global electric car boom led to a surge in demand, is expected to produce 23 million to 2030 global passenger car.

reported that solar power grid, photovoltaic (pv) grid, electric transportation and raw materials in the manufacture of rechargeable battery importance increasingly prominent, expect such a rapid rise in demand for raw materials, the importance of oil energy is declining. At present, the world is trying to reduce greenhouse gas emissions, the trend is expected to stimulate further investment in green energy production.

the report suggests that solar power network, if a battery electric vehicle charging sources of raw materials to ensure sustainability, the rechargeable batteries will be in the global transition to a low-carbon energy system plays an important role, and helps to reduce greenhouse gas emissions. In 2018, the world's most common electric car lithium-ion battery market is estimated at $7 billion, is expected to reach $58. 8 billion by 2024.

at present, the electric car battery raw material reserves of highly concentrated in several countries, and added value is limited. The world in Congo, nearly 50% of the cobalt reserves 58% of lithium reserves in Chile, 80% of natural graphite reserves in China, Brazil and Turkey, 75% of manganese deposits in Australia, Brazil, South Africa and Ukraine. This highly centralized phenomenon is vulnerable to political instability and adverse factors, such as ecological environment destruction once the raw material supply disruptions, could lead to a tight market, prices, and rising cost of car batteries, to low carbon type electric transportation, in turn, affect the global transformation. Therefore, increasing investment in green technologies, to reduce dependence on battery raw materials, solar portal, helps to reduce the vulnerability of lithium cobalt and raw materials, such as supply shortage.

unctad, director-general of the department of international trade & Pamela middot; Cook & middot; Hamilton said: & other; As investors about the future of the oil industry is more and more cautious, batteries, and alternative energy sources will become more important. Used in the manufacture of the electric car battery strategic rising demand for raw materials, will be open for supply these raw materials country more trade opportunities. For these countries to expand their own capabilities and move up the value chain is very important. ”

statistical analysis showed that the car battery manufacturing mainly dominated by Asian countries. In 2015, China accounted for about 39% of the global market, Japan (19%), solar energy, South Korea (7%).