There Aren’t Enough Batteries in the World to Power Our Huge Cars – vice.com

Aaron Gordon – 20.4.22
During a tour of Rivian’s factory earlier this month, the electric vehicle maker’s CEO RJ Scaringe told reporters that he is very worried about battery shortages, as recounted by the Wall Street Journal. “Put very simply, all the world’s cell production combined represents well under 10 percent of what we will need in 10 years,” the WSJ quotes him as saying. “Meaning, 90 percent to 95 percent of the supply chain does not exist.”
Scaringe is hardly the first to raise this particular alarm bell—here are some other articles from the last six months about the same issue—and recent concerns about nickel supplies, a key ingredient in electric batteries, have only intensified the issue. None of this is especially surprising, though. EV batteries require a lot of raw materials, we barely made any of them 10 years ago, and now every car company wants to make a lot of them every year.