Thane C. Heins President and CEO Potential +/- Difference inc. Pioneering Electric Vehicle Regenerative Acceleration and Charging Ahead... “You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” ― Buckminster Fuller

1. Year Number of EVs
Manufactured
/Year
(Millions)
NET
Total EVs
Manufactured
(Millions)
NET
Tonness of
Batteries
Required
(Millions)
TOTAL
Tonness of Lithium
Required
@63 kg per vehicle
per Year
(Millions)
Percentage
of
Global Lithium
Used
%
2018 2.5 2.5 0.63 0.17 0
2019 5 7.5 1.88 0.51 1
2020 7.5 15 3.75 1.04 3
2021 10 25 6.25 1.75 4
2022 12.5 37.5 9.38 2.63 7
2023 15 52.5 13.2 3.7 9
2024 17.5 70 17.5 4.9 12.2
2025 20 90 22.5 6.3 15.8
2026 22.5 112.5 28.2 7.9 20
2027 25 137.5 34.4 9.6 24
2028 27.5 165 41.5 11.6 29
2029 30 195 48.8 13.7 34
2030 32.5 227.5 56.9 15.9 40
2031 35 262.5 65.6 18.4 46
2032 37.5 300 75 21 52.5
2033 40 340 85 23.8 59.5
2034 42.5 382.5 95.6 26.8 67
2035 45 427.5 106.9 29.9 74.8
2036 47.5 475 118.8 33.3 83.3
2037 50 525 131.3 36.8 92
2038 52.5 577.5 144.4 40.4 101
2039 55 632.5 155.9 44.3 111
2040 57.5 690 172.5 48.3 120
TOTAL 690 miilion 690 million
EVs
manufactured
172.5 million
tonnes
345 billion
lbs
48.3 million tonnes
96 billion lbs
120.00%
Total Amount of Lithium Required to Supply 58 Million EVs by 2040
The authors estimate the one million electric vehicles (EV) sold in 2017 carry a collective 250,000
tonnes — or 500,000 cubic metres — of battery.