Cobalt - a potential bottleneck in the transition to electric mobility

The coming electric vehicle boom will significantly increase the demand for cobalt in the EU and globally. As a result, demand is expected to exceed supply already in 2020 and the EU must take steps to boost supply and curb demand without hindering the growth in electric vehicles, according to a new report by the European Commission's Joint Research Centre (JRC), presented at the EU Raw Material Week in Brussels.