The representative of Germany's largest automotive association BDI reported a shortage of basic raw materials for storage batteries. This, in turn, prevents the complete transition to electric vehicles by 2030, which the country announced earlier, writes Clean Technica. Germany has repeatedly stated its readiness to fully switch to electric vehicles in the next 10 years, despite the fact that there are still a number of obstacles on the way to this goal. Earlier, the country even sent a resolution to the European Union asking for a ban on the sale of new cars with gasoline and diesel engines since 2030. However, the automotive industry in Germany has faced an unexpected difficulty: the world simply does not have enough raw materials for the production of batteries. "The demand for raw materials is growing faster than production capacity," says Matthias Wachter, head of BDI's commodities division.. "Without sufficient reserves of cobalt, graphite, lithium and manganese, there will be no new technologies in Germany". Volkswagen seeks to secure long-term contracts for the supply of rare raw materials. The concern intends to invest $ 41 billion in electric vehicles by 2022 to challenge Tesla. Other manufacturers also have big plans for new technology:

Mercedes Daimler plans to create electro-tests for each of the existing models, and BMW promises to switch to mass production of new cars by 2025. A wave of growing demand for raw materials will help earn waste companies. For example, Belgian Umicore and American Retriev Technologies have organized the extraction of rare metals from old batteries and batteries.

Original article: German automotive industry will not be able to switch to the production of only electric vehicles.