x
Breaking News
More () »

New warnings of battery supply issues for EVs

More than 200,000 EVs were sold in the first quarter of this year.

CHARLOTTE, N.C. — As the number of electric vehicles on the roads increases, there are new warnings of a battery supply scarcity.

Let's connect the dots.

The new president and CEO of Volvo cars, predicts a lack of battery supply will be a pressing issue for EVs going forward.

More than 200,000 EVs were sold in the first quarter of this year.

You can stream WCNC Charlotte on Roku and Amazon Fire TV, just download the free app.

In February, Volvo cars and battery maker Northvolt said they would build a battery manufacturing plant next year in Sweden.

The factory would supply enough batteries for half a million cars a year. But that might not be enough.

RELATED: City of Charlotte hopes to have 100% of its fleet and facilities fueled by zero-carbon sources by 2030

Volkswagen's CEO said batteries could be a constraint for new electric vehicles over the next five to ten years.

He said there needs to be more energy and cell production, along with a large supply chain that still needs to be set up.

RELATED: No gas tax? Here's what electric vehicle owners pay in North Carolina instead

The EV market is tightening, long-established automakers are hopping on the trend, which will lead to even more demand with little supply.

For the latest breaking news, weather and traffic alerts, download the WCNC Charlotte mobile app.     

Wake Up Charlotte To Go is a daily news and weather podcast you can listen to so you can start your day with the team at Wake Up Charlotte.  
SUBSCRIBE: Apple Podcasts || Spotify || Stitcher || TuneIn || Google Podcasts   

All of WCNC Charlotte's podcasts are free and available for both streaming and download. You can listen now on Android, iPhone, Amazon, and other internet-connected devices. Join us from North Carolina, South Carolina, or on the go anywhere. 

Paid Advertisement