The Rising Demand for Battery Metals in Electric Vehicles: Implications for the Oil and Gas Sector
Abstract: The rapid adoption of electric vehicles (EVs) has led to an unprecedented surge in demand for battery metals such as lithium, nickel, cobalt, manganese, and graphite. These metals are crucial for the production of high - capacity, long - lasting batteries that power modern EVs. This research explores how the increasing demand for these metals is reshaping the global supply chain and its broader implications for the oil and gas sector. As traditional energy markets are disrupted, the oil and gas industry must adapt to this evolving landscape, where the demand for fossil fuels may decrease, and new opportunities in metal extraction and processing may arise.
Keywords: Battery Metals, Electric Vehicles, Lithium, Nickel, Cobalt, Manganese, Graphite, Oil and Gas Sector, Energy Transition, Supply Chain Disruption
How to Cite?: Pankaj Dureja, "The Rising Demand for Battery Metals in Electric Vehicles: Implications for the Oil and Gas Sector", Volume 11 Issue 2, February 2022, International Journal of Science and Research (IJSR), Pages: 1373-1375, https://www.ijsr.net/getabstract.php?paperid=SR24910090310, DOI: https://dx.doi.org/10.21275/SR24910090310