2023-09-27 08:55:02
Global demand for batteries for electric vehicles will reach 3,486 GWh in 2030, 15 times more than today, according to NCPOWER, a Spanish manufacturer of Customized and High-Tech Sustainable lithium batteries.
Thus, this market is experiencing rapid growth, but there is a problem that the supply of lithium, cobalt, manganese and nickel, materials used to manufacture batteries, may be limited in the next decade.
“To avoid this, it is necessary to invest in new refining and extraction facilities for raw materials to meet the growing demand and for governments, manufacturers, miners and recyclers to collaborate to guarantee adequate supply,” says Mario Nicolás, CEO of NCPOWER.
In addition, an investment in charging infrastructure is also needed. «It is estimated that a cumulative investment of more than $1 trillion (approximately €1 billion) will be needed in electric vehicle charging infrastructure over the next 20 years. A rapid expansion of the public charging network will be required to satisfy the growing fleet,” continues Nicolás. “Currently, there are between 5 and 20 electric vehicles per public charging connector in most markets, but this number is expected to increase to between 30 and 45 in the future,” he highlights.
According to the latest Anfac electromobility barometer, of the 45,063 public access charging points that should have been installed by the end of that year, there are currently only 20,243. Although the reality is that of the real totals, 26,718, almost 25% are out of service. That is, 6,478 charging points have not been able to connect to the electrical distribution network or because they are in poor condition or damaged due to administrative difficulties associated with the development of these projects, one of the most important barriers today.
According to the estimates of Handy, the target for the fleet of electrified passenger cars and vans will be 4.3 million units by 2030 and 9.8 million by 2035, with a 60% and 100% electrified market share. In this way, a minimum network of publicly accessible charging points of approximately 91,000 charging points would be necessary by 2025; 300,000 in 2030 and 610,000 in 2035.
According to Anfac, numerous public charging points are not active FP
In this context, NCPOWER claims to have assumed a solid commitment to sustainability and has made this philosophy the center of its business strategy: “we have directed our efforts towards innovative technology, as we have created our own battery management system (BMS). and the innovative NCPOWER System, and exclusive (personalized) for each client, providing the electric vehicle market with more sustainable lithium batteries.
Electrification implies zero emissions and represents an important path for the energy transition that many vehicle manufacturers are adopting by abandoning polluting fossil fuel sources, as explained by NCPOWER, so “the technological factor and innovation are fundamental in this direction.” , concludes Nicolás.
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