Kia is not the only one facing a battery shortage. The South Korean EV automaker is targeting to offer 11 all battery-electric models by 2025.
Global EV production is “being constrained more by lack of (battery) manufacturing capacity than anything else,” Paul Anderson, co-director of the Birmingham Centre for Strategic Elements and Critical Materials, told Britain’s The Times earlier this month.
There’s a big push to address the problem. All told, there currently are plans in place to have more than 91 large-scale battery plants in operation within the next several years, about twice as many as currently are online, with even more expected to follow.
But manufacturers will have to cope with shortages for at least the near to midterm, in many cases.
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