Could the EV boom run out of juice before it really gets going?

(s) appear unstoppable. are outpledging themselves in terms of production goals. Industry analysts are . Battery-powered cars may zoom from 10% of global vehicle sales in 2021 to 40% by 2030, according to Bloomberg. Depending on whom you ask, that could translate to between 25m and 40m s a year. They, and the tens of millions manufactured between now and then, will need plenty of batteries. Bernstein reckons that demand from s will grow six-fold by 2030 (see chart 1), to 2,700 gigawatt-hours (h). Rystad puts it at 4,000h.