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The EV Revolution: Kiplinger Economic Forecasts

07 May 2023 | Abstracted from Kiplinger

"Setting aside the pros and cons of EVs: Can the industry actually switch to EVs [and] Can the electric grid and charging network accommodate?

"...sheer scale of the change is enormous: EVs accounted for about 6% of new cars sold in 2022...The amount of raw materials required to build so many EVs looks daunting. The copper needed...[more] than the world consumed from 1900 to 2021. Other necessary minerals...also stand to be in tight supply..."



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