"Uncertainties about the future rates of electric vehicle adoption are large, but a detailed assessment of material needs, based on two scenarios (assuming that 25 percent or 50 percent of the global fleet in 2050 would be electric vehicles), found the following: **from 2020 to 2050 demand for lithium would grow by factors of 18–20, for cobalt by 17–19, for nickel by 28–31, and factors of 15–20 would apply for most other materials from 2020**." ([Location 2050](https://readwise.io/to_kindle?action=open&asin=B08SGC3TD3&location=2050)) --- **Tags** -- [[quotes]], [[data-analytics]], [[lithium]], [[cobalt]], [[nickel]], [[electric-vehicles]] **Source** -- [[202412030828 - B - How the World Really Works]]