China’s electric vehicle and climate ambitions jeopardized by surging critical material prices
Copyright policy )China’s electric vehicle and climate ambitions jeopardized by surging critical material prices
AbstractThe adoption of electric vehicles (EVs) on a large scale is crucial for meeting the desired climate commitments, where affordability plays a vital role. However, the expected surge in prices of lithium, cobalt, nickel, and manganese, four critical materials in EV batteries, could hinder EV uptake. To explore these impacts in the context of China, the world’s largest EV market, we expand and enrich an integrated assessment model. We find that under a high material cost surge scenario, EVs would account for 35% (2030) and 51% (2060) of the total number of vehicles in China, significantly lower than 49% (2030) and 67% (2060) share in the base-line, leading to a 28% increase in cumulative carbon emissions (2020-2060) from road transportation. While material recycling and technical battery innovation are effective long-term countermeasures, securing the supply chains of critical materials through international cooperation is highly recommended, given geopolitical and environmental fragilities.
- Shandong Women’s University China (People's Republic of)
- Aalborg University Library (AUB) Aalborg Universitet Research Portal Denmark
- School of Oriental and African Studies United Kingdom
- Institute of Urban Environment China (People's Republic of)
- Peking University China (People's Republic of)
China, Environmental Engineering, Geopolitics, Environmental economics, Economics, Science, FOS: Political science, FOS: Law, Electric vehicle, /dk/atira/pure/sustainabledevelopmentgoals/industry_innovation_and_infrastructure; name=SDG 9 - Industry, Innovation, and Infrastructure, Quantum mechanics, Article, Environmental science, FOS: Economics and business, Engineering, Context (archaeology), Natural resource economics, Life Cycle Assessment and Environmental Impact Analysis, FOS: Electrical engineering, electronic engineering, information engineering, Climate change, /dk/atira/pure/sustainabledevelopmentgoals/climate_action; name=SDG 13 - Climate Action, Business, Electrical and Electronic Engineering, Rebound Effect on Energy Efficiency and Consumption, Charging Infrastructure, Political science, Biology, Marketing, Energy, Ecology, Renewable Energy, Sustainability and the Environment, Physics, Q, Politics, Integration of Electric Vehicles in Power Systems, FOS: Environmental engineering, Paleontology, Supply chain, Power (physics), FOS: Biological sciences, Physical Sciences, Environmental Science, Law
China, Environmental Engineering, Geopolitics, Environmental economics, Economics, Science, FOS: Political science, FOS: Law, Electric vehicle, /dk/atira/pure/sustainabledevelopmentgoals/industry_innovation_and_infrastructure; name=SDG 9 - Industry, Innovation, and Infrastructure, Quantum mechanics, Article, Environmental science, FOS: Economics and business, Engineering, Context (archaeology), Natural resource economics, Life Cycle Assessment and Environmental Impact Analysis, FOS: Electrical engineering, electronic engineering, information engineering, Climate change, /dk/atira/pure/sustainabledevelopmentgoals/climate_action; name=SDG 13 - Climate Action, Business, Electrical and Electronic Engineering, Rebound Effect on Energy Efficiency and Consumption, Charging Infrastructure, Political science, Biology, Marketing, Energy, Ecology, Renewable Energy, Sustainability and the Environment, Physics, Q, Politics, Integration of Electric Vehicles in Power Systems, FOS: Environmental engineering, Paleontology, Supply chain, Power (physics), FOS: Biological sciences, Physical Sciences, Environmental Science, Law
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