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As S&P Global figures show ever-growing demand for EV batteries, risk specialists Resilinc calls for better battery-metals supply chain ESG visibility
With electric vehicles (EVs) being in the forefront of the global drive towards net zero carbon emissions, the world faces a dilemma: we need EV batteries to be readily available and affordable, but we also want them sourced ethically.
With projected EV sales forecast to grow by tens of millions of vehicles by 2030, the demand for minerals and elements such as lithium, copper, and nickel is going to be extremely challenging to reach.
