EV Sales May Not Be Enough to Reach Global Emissions Goal

The report highlights a significant increase in EV sales, expected to more than double by 2026, driven mainly by China, Europe, and the Nordics. Financially, this translates to trillions in sales, impacting the commodity sector. The report also discusses the nearing peak of road oil demand and the subsequent decline, alongside a surge in demand for commodities like manganese and lithium, posing extraction and processing challenges.

What are the projected electric vehicle (EV) sales figures for 2026 compared to last year?

Which regions are expected to have the highest percentage of EV sales by 2026?

What is the estimated cumulative value of global EV sales by 2030?

How does the report suggest that EV sales will impact oil demand by 2040?

What challenges are mentioned regarding the extraction and processing of lithium?