Is the demand for electric vehicles the key factor in the development of the automotive lithium battery market?

As the world pays more and more attention to the impact of air pollution on health and the natural environment, while the regulation of vehicle emissions continues to tighten, more and more automakers are turning their attention to electric vehicles. As the most critical component, the demand for battery raw material lithium has increased, and the price has also risen. According to statistics, the global market value of lithium batteries reached approximately 25 billion U.S. dollars last year, and will rise to 47 billion U.S. dollars in five years. This puts automakers under processing pressure. It is known that a pure electric vehicle requires 40-50 kilograms of cathode material and electrolyte, which is about 10,000 times the consumption of a single mobile phone battery. Only the lithium battery-related materials needed for 1 million electric vehicles will be processed at present. Several times the total global demand for lithium battery materials. Despite the attractive market size, judging from the current actual situation, there is a high possibility that this goal cannot be implemented. At present, the development of the electric vehicle industry still depends on the support of policies issued by the competent government departments, including personal purchase subsidies, electric vehicle development goals in 2020, and upcoming energy-saving and new energy vehicle industry plans. If the electric vehicle industry wants to move forward independently, there is still Quite a long journey. Precisely because of this, local governments and domestic companies are only cautiously piloting the use of electric vehicles. Disclaimer: Some pictures and content of articles published on this site are from the Internet. If there is any infringement, please contact to delete. Previous: Which is the best type of power lithium battery?