Visualizing the Demand for Battery Raw Materials

By Visual Capitalsist

Metals play a pivotal role in the energy transition, as EVs and energy storage systems rely on batteries, which, in turn, require metals.

This graphic, sponsored by Wood Mackenzie, forecasts raw material demand from batteries. It presents a base case scenario that incorporates the evolution of current policies, indicating a global temperature rise of 2.5°C by 2100. Additionally, it explores an accelerated (AET) scenario, where the world aims to limit the rise in global temperatures to 1.5°C by the end of this century.