Ken provides a vital update on the spectacular growth rate of EV penetration and how the industry is straining to catch up with the associated impact. The McKinsey framework highlights how batteries are going to be developed and how the raw materials are going to be delivered.
Crucially Ken explains there are going to be enough materials for the evolution to continue, but the applications of these chemistries will change and become much more dynamic. We touch on what investors can expect, plus the realities of recycling and government’s tricky position to generate revenue from going green.
Ken Hoffman, Senior Expert Basic Materials Institute, McKinsey & Company