News Snapshot:
A surge in electric vehicle (EV) sales to meet net-zero climate targets requires an immediate scale-up of EV battery production and relevant infrastructure, adding to pressure on governments and industry leaders to get on top of raw material, innovation and sustainability challenges, analysts say. The global stock of electric cars increased by over 40 per cent year-on-year in 2020, hitting 10 million units, against a decline of more than 15 per cent for the overall car market in the aftermath of the pandemic, said the International Energy Agency (IEA) at an event during COP26 in Glasgow last week, using data...
