The EU's goal is to have Io milon electric vehicles(EVs) sold in the EUby20jo.'In order to hit this target the number of EVs built and sold in the EU needs to ramp up drastically.Meeting this goal is important to Europe for several reasons.First Europe will need to increase the number of EVs driving on European roads relative to the number of vehicles with an internal combustion engine(lCE) to meet the targets it has committed itself to under the Paris Climate Agreement.Technological advancement is another reason.By pushing an agenda of electrification in the transportation sector the EU stimulates European car manufacturers(also referred to as original equipment manufacturers or OEMs) to innovate in green technology products fi.e.EVs) .The OEMs are encouraged to put more effort into research and development of batteries and battery components within Europe.Increased efforts to develop these(new) technologies contribute to reducing the EU's dependence on technology and products imported from East-Asian countries like China which currently dominate large parts of the Lithium ion Battery(LiB) supply chain(see Figure) .Europe also emp has ies securing its independence as a producer of LiBs through the construction of so-called battery giga factories.+Though giga factories are absolutely required to supply the most important part of a battery electric vehicle(BEV) , the manufacturing of battery cells is just one linkin the battery manufacturing chain.Securing the right set of battery minerals upstream and turning them into battery chemistries that meet the quality requirements of OEMs is equally, if not more, important.This article describes the impact that battery minerals have on the production costs of LiBs, how this echoes through the entire LiB supply chain and eventually the EU's chances to create a mass market for BE Vs on European soil.
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