Studies have shown that future demand will outstrip the supply of known mineral reserves, such as cobalt, by more than 400% by 2050.
Studies have shown that future demand will outstrip the supply of known mineral reserves, such as cobalt, by more than 400% by 2050. In addition, the increased energy demand placed on grids internationally would be significant, as well as the huge amounts of additional infrastructure required to establish charging points in every home.