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International Energy Agency predicts cobalt demand for electric vehicles to be 10-25 times higher in 2030 than current levels

Aug 6, 2018

“Even accounting for ongoing developments in battery chemistry, cobalt demand for EVs is expected to be between 10 and 25 times higher than current levels by 2030,” the International Energy Agency said in its yearly report on electric vehicles (EVs).

https://www.marketwatch.com/story/record-sales-for-electric-cars-are-being-overshadowed-by-supply-risks-2018-08-06

IEA discusses the EV and cobalt situation in detail on its website, in its full report and in a news release. Here is the link:

https://www.iea.org/gevo2018/

https://www.canadacobaltworks.com/index.php/news-releases/2018-news/