About this Abstract |
Meeting |
2021 TMS Annual Meeting & Exhibition
|
Symposium
|
Ni-Co 2021: The 5th International Symposium on Nickel and Cobalt
|
Presentation Title |
Global Electrification of Electric Vehicles and Intertwined Material Supply Chains of Cobalt, Copper and Nickel |
Author(s) |
Ruby Thuy Nguyen, Roderick Eggert, Corby G. Anderson, Mike Severson |
On-Site Speaker (Planned) |
Ruby Thuy Nguyen |
Abstract Scope |
Electric vehicles (EVs) are deemed a solution to a low-carbon economy. Future EV adoption faces high uncertainty resulting from battery material supply risk, diverse battery technologies, and an incomplete understanding of potential impacts on power and other systems. Various EV projections have been made, but research into supply with market dynamics to support decision-making is inadequate. Using a dynamic market model, we estimate global cobalt, copper and nickel production given different EV growth scenarios from 2020 to 2040. Results suggest that EV targets might not be met if the market and commercial battery technology deployment stay the same for the next two decades. Potential projects, including the Idaho Cobalt Project and Sconi, could add 2% to EV sales during the simulation. While shortening battery lifetime and improving collection and recycling rates increase secondary supply, the overall effects on EV growth are mixed. |
Proceedings Inclusion? |
Planned: |