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The number of electric vehicles on the world’s roads is rising fast. The data presented indicates a significant decline in oil demand as more countries. A rapid surge in demand for metals from electric vehicle makers means recycled metals will not be able to satisfy industry needs for at least a decade.

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The rapid growth of electric vehicles (evs) will potentially disrupt the traditional oil market.

But several issues still pose obstacles to the widespread adoption of evs.

Electric autonomous vehicles are poised to support cities’ ambitions and provide customers with cheaper, safer and greener urban mobility. Electric vehicle (ev) sales exceeded 17 million globally in 2024, which represented more than 20% of global car sales. But is there enough lithium to make all the batteries? The top 5 countries for electric vehicle adoption the world needs 2 billion electric vehicles to get to net zero.

Latest figures show there are more than three million and sales are growing at close to 75% a year. Cobalt is a vital ingredient in batteries powering electric vehicles, smartphones and computers, but most of the world’s supply comes from a country where children work in.