Abstract for:Exploring the Battery Market for Electric Cars
Electric vehicles offer the possibility to decarbonize road transport and their market uptake is expected to continue over the next years. This paper describes a modeling exercise that comprises the soft-linkage of three system dynamics models, with the aim of exploring the battery market for electric cars. In particular, potential global supply-side limits such as battery material scarcity and manufacturing bottlenecks are investigated, with a focus on the European market. The results point out that, contrary to more optimistic projections, these constraints might jeopardize the market penetration of electric powertrains. Research is needed to integrate these models and further account for feedback processes.