Alex Lithium shortage may unplug electric car revolution A shortage of the metal used in batteries is set to strike in 2027 – shortly before the UK bans the sale of new petrol and diesel cars By Tom Rees 19 April 2021 • 6:00am The electric car boom risks being stalled by a severe shortage of a crucial ingredient used in batteries within the next decade, analysts have warned. The supply crunch is expected to hit just before the UK’s ban on new petrol and diesel sales begins in 2030. It warned the shortage could triple the price of lithium by the end of the decade unless new investment in mines is made soon. […] UK electric cars Sales of electric vehicles are expected to be boosted by escalating demand from drivers as governments clamp down on petrol and diesel cars. While the Covid crisis caused a wider 29pc plunge in new car registrations last year, sales of electric and hybrid vehicles jumped by two thirds, according to the Society of Motor Manufacturers and Traders.
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