The Mobility Transformation: Suspended or Postponed?
Time and again, the German press reports on a sales crisis and buyers’ reluctance to embrace emission-free mobility. But what is the truth about these statements, and what is the situation in the much larger car markets of the United States and China?
Frankfurt am Main, 9 July 2024 – In our market report, we look at different countries and describe how the transition to e-mobility is progressing in each. In China, e-mobility is booming, while in the United States, the market is growing slowly but steadily: massive investment in charging infrastructure and government support programs are just some of the measures these countries are taking to accelerate the transition to sustainable mobility. In Germany, meanwhile, there are repeated reports of an e-automobile crisis. However, people are also skeptical about e-mobility and are concerned about the limited range or pollution caused by electric cars. Are these fears legitimate? Our detailed background article provides answers to these and other questions that concern potential buyers.
Environmental Sustainability and the Role of Raw Materials
In addition to the economic and technical aspects of e-mobility, this market report also examines the environmental impact. Although electric cars offer many advantages in terms of reducing emissions, their production is associated with environmental challenges.
In particular, the extraction and processing of the required raw materials play an important role, including rare earths, which are mainly used in permanent magnets for electric motors, and battery materials such as lithium. As a supplier of raw materials, TRADIUM is, therefore, closely following developments in the electromobility sector to realistically assess the future needs of the processing industry.
This market insights was produced in collaboration between TRADIUM and the news portal Rawmaterials.net.
