With global EV sales approaching 14 million cars in 2023 with a year-on-year growth rate of 35% it is clear that EVs are gaining acceptance rapidly.
Mark Mistry and Marco Vallini argue that for the EU Critical Raw Materials Act to fulfil its promise to address the energy transition, industry needs planning security for both ‘critical’ and ‘strategic’ raw materials.
In 2021, China recorded the strongest growth in the EV market with around 3.2 million EVs sold. This was an increase of 2 million EV units compared to 2020 which was more than the combined increase of all other regions taken together.
The proposed Regulation will introduce a wide range of sustainability requirements and promote the recycling of key battery raw materials like nickel. EU legislative work is entering a crucial phase.
Think of the largest cruise ship. Then imagine how much it weighs – just over 100,000 tonnes, in fact. Now think about 500 of those ships, and what they weigh. That is the staggering amount of new electronic waste that we generate every year.
Around two-thirds of today’s buildings will still be around in 2050, and by 2060, the world is projected to add 230 billion m² of buildings - an area equivalent to the entire current global building stock. What can the building and construction sector do to reduce the environmental burden of buildings?
Most nickel production is destined for stainless steel. But a significant 8% is used in the production of alloy steels which are needed to deliver specific characteristics for specialised and often critical applications.