Forecast in a scenario with temperature increase within 1.5 degrees Celsius by 2100. Lithium iron phosphate (LFP) and lithium manganese iron phosphate (LMFP) batteries are projected to dominate the EV battery sector.
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EV batteries demand for critical materials worldwide 2030
The annual demand of lithium and graphite for electric vehicles' (EV) batteries worldwide was projected to surpass roughly *** million metric tons by 2030, according to a 2024 forecast. Lithium-ion batteries are at the forefront of EV batteries deployment, and graphite is a crucial component of the battery anodes.
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IRENA. (September 26, 2024). Global demand of critical materials from electric vehicles' batteries in 2030 (in million metric tons) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 22, 2026, from /statistics/1550036/critical-materials-demand-from-ev-batteries-worldwide-forecast/
IRENA. "Global demand of critical materials from electric vehicles' batteries in 2030 (in million metric tons)." Chart. September 26, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 22, 2026. /statistics/1550036/critical-materials-demand-from-ev-batteries-worldwide-forecast/
IRENA. (2024). Global demand of critical materials from electric vehicles' batteries in 2030 (in million metric tons). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 22, 2026. /statistics/1550036/critical-materials-demand-from-ev-batteries-worldwide-forecast/
IRENA. "Global Demand of Critical Materials from Electric Vehicles' Batteries in 2030 (in Million Metric Tons)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 26 Sep 2024, /statistics/1550036/critical-materials-demand-from-ev-batteries-worldwide-forecast/
IRENA, Global demand of critical materials from electric vehicles' batteries in 2030 (in million metric tons) ÌÇÐÄÆƽâ°æ, /statistics/1550036/critical-materials-demand-from-ev-batteries-worldwide-forecast/ (last visited July 22, 2026)
Global demand of critical materials from electric vehicles' batteries in 2030 (in million metric tons) [Graph], IRENA, September 26, 2024. [Online]. Available: /statistics/1550036/critical-materials-demand-from-ev-batteries-worldwide-forecast/
