Metals Shortfall To Crimp Electric-Car Battery Supply

A shortfall in supplies of metals such as cobalt, copper, lithium and nickel is likely to slow down the production of batteries for electric vehicles, according to Moody’s. Demand for the metals used in electric-car batteries is on the rise as more auto makers such as Tesla launch electric vehicles and focus on efforts to extend the cars’ driving range between charges. Building a network of vehicle-charging stations will further increase demand, it said.

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