Myth: Nickel is a less abundant resource. There is not enough of it to power an electric future

False.

Read more about the raw materials needed for battery storage: https://learn.rethinkx.com/knowledgebase/energyfaq/batterystorage

Explore the evidence...

• See p30 of our Rethinking Transportation report.
• Battery producers have been learning how to use fewer resources and less energy to produce a given unit (kWh) of energy storage. Therefore, the energy footprint of the production of batteries for autonomous electric vehicles has already improved and will likely continue to improve on an exponential basis. See p53 of our Rethinking Transportation report to find out more.
• Our research indicates that the mineral quantities required for battery demand are achievable if there is sufficient advance planning. See p55 of our Rethinking Transportation report.
• To learn more about the energy and resource requirements of this new transportation system read p52-53 “Per-mile CO2 emissions from A-EV production are far lower than ICEs” in our Transportation report.

Witness the transformation

History does not support the argument that supply constraints permanently derail disruption. Instead supply always expands to meet demand unless the material is fundamentally scarce (e.g. gold, platinum, etc.).

A new, clean energy future run by 100% solar, wind and battery is inevitable, and will transform our energy system entirely.

Learn more about the disruption and transformation of the energy sector.

Published on: 12/07/23