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Electric Vehicle Advancements, Barriers, and Potential: A Comprehensive Review
Published in Electric Power Components and Systems, 2023
Alperen Mustafa Çolak, Erdal Irmak
The production of EVs relies heavily on the availability of raw materials such as lithium, cobalt, and rare-earth metals [130,201]. Limited availability, coupled with geopolitical factors, can lead to price fluctuations and supply chain disruptions. Expanding the supply chain, diversifying resource options, and investing in recycling technologies are potential solutions to mitigate this barrier.