A single cobalt shock could trigger global EV battery supply chaos
Researchers have found that the global cobalt supply chain is highly interconnected and vulnerable to disruptions. A single shock to the cobalt supply chain could trigger a cascade of problems across multiple countries and industries, potentially causing chaos in the global electric vehicle battery supply. To mitigate this risk, experts recommend system-wide coordination to protect battery supply chains from critical bottlenecks. This coordination is necessary to prevent local disruptions from turning into global problems.
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