Light vehicle sales are inccreasing. More people are considering buying electric vehicles. Chinese manufacturers are increasing market share. Charging stations and battery material shortages could be problems for EVs going forward.
Analysis by Julie Dautermann, Competitive Intelligence Analyst - This update helps automotive suppliers inform their legal and operational decisions to help address.
Industry leaders have warned that Lithium, the element used in medicine and battery products, could soon suffer global shortages if the market fails to.