CATL chairman Zeng Yuqun submitted four proposals to China’s annual parliamentary session, including speeding up exploration and development of lithium resources.
Norilsk makes 17% of the world’s “Class 1” nickel, which is more suitable for batteries and can be sourced in large quantities from only a few other locations.
A report by IDTechEx estimates that there will be 18.7 million units in electric vehicle fleets on the road by 2032, which explains the current ramp-up of charging infrastructure.