Investigating the U.S. battery supply chain and its impact on electric vehicle costs through 2032


The International Council on Clean Transportation (ICCT) has released a study exploring the potential for the United States to secure a reliable supply of lithium to keep up with increased sales of BEVs. The new analysis from the ICCT underscores the U.S.’s promising position in meeting the challenges of scaling and securing lithium supply for electric vehicles over the next 10 years by comparing announced lithium supply with projected demand. Through identifying three potential scopes for lithium supply, the ICCT concludes that new lithium supply may far exceed lithium demand from new U.S. light-duty BEVs through 2032.