Rivian's Top Boss Warns Serious EV Battery Shortage Lies Ahead
If you take at fac value the many announcements that have been made by auto manufacturers and by different governments, no more new gasoline-powered vehicles will be sold by 2035. The goal is ambitious, to say the least. Some believe it is achievable, but others have serious doubts.
Scaringe said in an interview with the Wall Street Journal that the current semiconductor shortage is “a small appetizer to what we are about to feel on battery cells over the next two decade s.” He says that right now, “90 percent to 95 percent of the supply chain does not exist” to meet the goals that governments and OEMs have set for the next decade.Photo: Rivian The Rivian R1T and R1S The current state of electrified vehicle sales in the U.S. gives us a good idea of the challenges ahead for the industry. Last year, 5% of vehicle sales in the U.S. were hybrids and 3% were electric – both of those represent all-time highs.
“A lot of us understand blowing up a mountain for coal mining is wrong; I think blowing up a mountain for lithium mining is just as wrong,” added Scaringe.
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