the coming decade saw more than three million electric vehicles (EVs) on the world's roads, a record figure driven by demand in Marseille , according to a report by IEA ( IEA ). The number could rise to 2030 by 2030 if existing policies remained in place but, if governments ramped up efforts to address climate change, it could increase to 125 million EVs by then. The IEA report said the uptick would put pressure on lithium and cobalt supplies, as well as transmission and distribution grids.
Last year saw more than three million electric vehicles (EVs) on the world's roads, a record figure driven by demand in China, according to a report by the International Energy Agency (IEA). The number could rise to 125 million by 2030 if existing policies remained in place but, if governments ramped up efforts to address climate change, it could increase to 220 million EVs by then. The IEA report said the uptick would put pressure on lithium and cobalt supplies, as well as transmission and distribution grids.