Statement for a Future of
Sustainable and Responsible Electric Vehicles
Electric Vehicles (EVs) are expected to grow from 4% global new sales to ~50% in the next 8 years1. The biggest bottleneck to this transition is the supply of battery metals2. The average EV uses six times the metal of a conventional internal combustion engine3. These metals come from rainforests, lowland forests and farmlands. Areas that are full of life, biodiversity, and indigenous heritage. To meet demand, industry will add new mines, in places like the ocean4, and will mine more rainforests, more farmland, more forests. If the transition to EVs is to be sustainable, the industry must undergo a dramatic shift in the way it accesses raw materials.
The future of sustainable EVs is at stake. The status quo will not get us there.
We believe that with a new mindset, new technology, and casting off the shackles of the old ways, Responsible Metals can be delivered to the EV supply chain. Responsible EV Metals are mined and refined in a way that:
Protects safety and human rights
Is carbon neutral
Maximises the potential for recycling and circularity
Eliminates toxic waste
Avoids widespread habitat destruction
Avoids water scarcity
Avoids loss of biodiversity
Avoids displacing indigenous people or communities
Many will say this is impossible, both in the ocean and on land. Many will say it is too difficult, too costly, too different. The hurdles are great and the doubters are many.
We believe it is possible. We see possible solutions being developed right now. From solutions that use surgical precision in the collection of resources, to the ability to process ore without generating tailings. This innovation needs support, investment, and collaboration – from industry, science and consumers. By working together, we can transition to Responsible EV Metals.
We support the target for achieving Responsible EV Metals by the time EVs reach 50% market penetration.