On November 27, 2017, Germany’s largest industry association, BDI, raised concerns about a potential shortage of raw materials essential for battery production, which could significantly impact the country's automotive sector and its electric vehicle (EV) development plans. The warning highlights growing challenges in securing critical resources as demand outpaces current supply capacities.
Matthias Wachter, head of safety and raw materials at BDI, stated, "With demand increasing faster than existing capacity, the supply of battery raw materials is reaching a bottleneck. The availability of key elements such as cobalt, graphite, lithium, and manganese is insufficient, and future advancements in battery technology in Germany will be constrained without a stable supply."
As governments worldwide intensify efforts to reduce pollution, automakers are ramping up their investments in electric vehicle research and development. This trend is expected to further increase the demand for battery materials, putting more pressure on the global supply chain.
Volkswagen, one of the leading carmakers, is actively working to secure long-term supply contracts to prevent shortages. The company plans to invest 34 billion euros (approximately 267.6 billion yuan) in its electric vehicle business by 2022, aiming to compete with Tesla and other EV leaders.
Mercedes-Benz, under Daimler, has set a goal to launch an electric version of each of its models before 2022. Meanwhile, BMW, known for its i3 electric vehicle, aims to scale up production of 12 pure-electric models by 2025.
In response to the looming material shortages, recycling companies like Belgium's Umicore and the U.S.-based Retriev are exploring ways to extract valuable metals from used batteries. These initiatives could play a crucial role in reducing dependency on newly mined materials and supporting the sustainability of the EV industry.
With the global shift toward electrification accelerating, the challenge of securing raw materials remains a key issue that will shape the future of the automotive industry.
M23 series connectors provides a wide range of metric for small Sensors and actuators.The ingress protection is available and rated to IP 67, these connectors are ideally suited for industrial control networks where small sensors are required. Connectors are either factory TPU over-molded or panel receptacles supplied with sold-cup for wire connecting or with PCB panel solder contacts. Field attachable / mountable Connector is also available for your choice.
panel mount M23 Connector,M23 Servo Connector,M23 power connector,M23 signal Connector, IP67 M23 connector
Kunshan SVL Electric Co.,Ltd , https://www.svlelectric.com