Page 291 - ANC22-Presentations-Weds
P. 291

The	key	growth	markets	in	the	medium	term	are	Europe	and	the	UK





        Europe	and	the	UK	are	key	growth	markets	for

        EVM	in	the	medium	term	with	European
        ba=ery	manufacturing	expected	to	reach

        around	1,100	GWh	per	year	by	2030	driven	by

        some	of	the	most	ambi(ous	EV	targets
        globally.



        !    Structural	deficits	in	global	supply	of	lithium	and	nickel
            forecast	from	2025/26.


        !    Whilst	cell	manufacturing	is	being	built	out,	there	is	a
            substanGal	shorZall	in	capacity	of	localised	BaDery	Materials
            producGon	through	to	2030	which	will	be	required	to	meet
            EU	‘Rules	of	Origin’	regulaGons.















                                                                                                                                                                                        Page	4
   286   287   288   289   290   291   292   293   294   295   296