Looming lithium supply shortage threatens electric vehicle production, says latest Advanced Propulsion Centre demand report  

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• 25% of vehicles manufactured in Europe predicted to have LFP batteries, reducing reliance on nickel
• A modest global lithium deficit is likely in 2025, significantly widening by 2030
• Investment needed now to scale up lithium industry, as it takes years to build battery-grade capacity
• More can be done to reduce demand with effective use of lithium
• Call for UK investment to secure future battery material supply chains
• Opportunity for the UK to capitalise on the anode active material supply gap in Europe
• World battery demand for the automotive sector could exceed 2,800 GWh by 2030, more than double the forecast for 2025.