An Analysis of EV Battery Key Materials Demand on the Path Towards Carbon Neutrality in Sweden

Abstract: The Swedish government has set a goal to have zero net greenhouse gas emissions by 2045 andto reduce emissions from domestic transport by at least 70% compared to 2010 levels by 2030.To achieve this, an expansion of the Swedish electric vehicle (EV) personal car fleet is needed.This scientific paper utilizes material flow analysis (MFA) to predict this expansion and thecorresponding demand for battery raw materials in Sweden, examining the growth trajectory ofthe EV market in Sweden and its implications going forward. The study concluded that themarket share of electric vehicles in Sweden will increase significantly in the next ten years,which will lead to a rise in the need for battery raw materials. Depending on possiblebreakthroughs in battery technology, these demands will vary. Given the rising demand for rawmaterials and the high environmental costs associated with mining new minerals, it is importantto underscore the importance of battery recycling as an essential component of sustainablemobility. This highlights the need to improve recycling practices.