Visualizing America's Electric Vehicle Future – Visual Capitalist

A Visual Guide to Stock Splits
Visualizing the State of Global Debt, by Country
Visualized: A Global Risk Assessment of 2022 and Beyond
Mapped: Corruption in Countries Around the World
How the Top Cryptocurrencies Performed in 2021
How the Top Cryptocurrencies Performed in 2021
The 20 Internet Giants That Rule the Web
Visualizing the Power of the World’s Supercomputers
Companies Gone Public in 2021: Visualizing IPO Valuations
A Visual Guide to Profile Picture NFTs
Visualizing the State of Global Debt, by Country
This Infographic Breaks Down Careers In Finance, From Hedge Funds to M&A
Visualizing the $94 Trillion World Economy in One Chart
How Central Banks Think About Digital Currency
The Richest Women in America in One Graphic
Visualizing How COVID-19 Antiviral Pills and Vaccines Work at the Cellular Level
Mapped: The Most Common Illicit Drugs in the World
Visualizing The Most Widespread Blood Types in Every Country
Pandemic Recovery: Have North American Downtowns Bounced Back?
Ranked: The Most Prescribed Drugs in the U.S.
Charted: $5 Trillion in Fossil Fuel Subsidies
Visualizing China’s Dominance in Clean Energy Metals
Ranked: Nuclear Power Production, by Country
The Periodic Table of Commodity Returns (2012-2021)
Mapped: Solar Power by Country in 2021
Mapped: 30 Years of Deforestation and Forest Growth, by Country
Mapped: The Most Common Illicit Drugs in the World
This Clever Map is a Window into 19th Century New York City
The Problem With Our Maps
Mapped: Countries by Alcohol Consumption Per Capita
Visualizing China’s Dominance in Clean Energy Metals
The Periodic Table of Commodity Returns (2012-2021)
Visualizing the Abundance of Elements in the Earth’s Crust
Rare Earth Elements: Where in the World Are They?
Mapped: Solar Power by Country in 2021
Visualizing China’s Dominance in Clean Energy Metals
Ranked: Nuclear Power Production, by Country
Mapped: 30 Years of Deforestation and Forest Growth, by Country
Visualizing Global Per Capita CO2 Emissions
Visualizing the Accumulation of Human-Made Mass on Earth
Published
on
By
The following content is sponsored by Talon Metals and Li-Cycle
visualizing america's electric vehicle future – visual capitalist
The U.S. is accelerating its transition to electric vehicles (EV) to address climate change. However, obtaining the minerals and metals required for EV batteries remains a challenge.
In this infographic from Talon Metals and Li-Cycle, we explore the country’s strategy to have vehicles, batteries, and key parts be made in the United States.
Then, we look at how this strategy could be fueled by domestic mining and battery recycling.
Gasoline-powered cars are one of the biggest sources of carbon pollution driving the climate crisis. As a result, the Biden Administration has set a target for EVs to make up 50% of all new car sales in the U.S. by 2030. Today, fewer than 1% of the country’s 250 million vehicles are electric.
In November 2021, Congress passed the Bipartisan Infrastructure Deal, which includes:
The idea also has popular support. According to a poll, 55% of voters in the U.S. support requiring all new cars sold in their state to be electric starting in 2030.
However, rising EV sales are already driving demand for battery metals such as nickel, lithium, and copper, threatening to trigger a shortage of these key raw materials. So, does the U.S. have the raw materials needed to meet this rising demand?
Currently, the U.S. is import-dependent with large parts of the battery supply chain captured by China. Likewise, some essential metals for EVs are currently extracted from countries that have poor labor standards and high CO2 footprints.
The Biden Administration’s 100-day review of critical supply chains recommended the government should prioritize investing in nickel processing capability.
Today, the only operating nickel mine in the U.S., the Eagle Mine in Michigan, ships its concentrates abroad for refining and is scheduled to close in 2025.
To fill the supply gap, Talon Metals is developing the Tamarack Nickel Project in Minnesota, the only high-grade development-stage nickel mine in the country. Tesla has recently signed an agreement to purchase 75,000 metric tonnes of nickel in concentrate from Tamarack.
Since the development and construction of a mine can take many years, recycling is considered an essential source of raw material for EVs.
Battery recycling could meet up to 30% of nickel and 80% of cobalt usage in electric vehicles by the end of the decade.
The bipartisan $1.2 trillion infrastructure bill already sets aside $6 billion for developing battery materials processing capacity in the United States.
By 2030, the U.S. alone is projected to have more than 218,000 tonnes of EV battery manufacturing scrap and 313,000 tonnes of end-of-life EV batteries per year, presenting a massive opportunity for recycling. Currently, Li-Cycle, a leading lithium-ion battery recycler in North America, can process up to 10,000 tonnes of battery material per year—and this capacity is set to grow to up to 30,000 tonnes by the end of 2022.
Li-Cycle also has a hydrometallurgy refinement hub under construction in Rochester, New York, which will process up to the equivalent of 225,000 EV batteries annually into battery-grade lithium, nickel, and cobalt when it is operational in 2023.
The auto industry’s future “is electric, and there’s no turning back,” according to President Biden. It’s expected that EV sales in the U.S. will grow from around 500,000 vehicles in 2021 to over 4 million in 2030.
With rising government support and consumers embracing electric vehicles, securing the supply of the materials necessary for the EV revolution will remain a top priority for the country.
Visualizing the Evolution of the Global Meat Market
Retirement Spending: How Much Do Americans Plan to Spend Annually?
Understanding Global Demand for Steelmaking Coal
Visualizing China’s Dominance in Clean Energy Metals
The Periodic Table of Commodity Returns (2012-2021)
Companies Gone Public in 2021: Visualizing IPO Valuations
The Companies that Defined 2021
Mapped: Economic Freedom Around the World
As demand for steel grows in the low-carbon future, so will steelmaking coal’s role in sustainable production.
Published
on
By
Global population growth, increased urbanization, and a growing middle class will continue to drive long-term demand for steel and the steelmaking coal required to produce it.
The above infographic from Teck outlines the mineral’s key role in the low-carbon future.
Steel is the most commonly used metal and fulfills a variety of structural and construction needs, along with being an essential material for the production of vehicles, mechanical equipment, and domestic appliances.
Clean and renewable technologies also require steel to build wind turbines, solar panels, tidal power systems and bioenergy infrastructure.
While some kinds of steel can be made using recycled metal, roughly 72% of global steel production relies on steelmaking coal and certain higher grades of steel can only be made using the ingredient.
Also known as metallurgical coal or coking coal, steelmaking coal is mined to produce the carbon used in steelmaking. This is fundamentally different from thermal coal, which is used to make steam that generates electricity.
To make steel, the coal is first heated at around 1100°C to remove water and other chemicals, without the presence of oxygen. The result is a lump of near-pure carbon which is called coke.
Then, individual layers of coke, iron ore, and limestone are added to a blast furnace to make hot metal that is finally refined into steel.
The steel sector is taking action to reduce its carbon footprint. One solution that has been used in the last couple of years is Carbon Capture, Utilization and Storage (CCUS).
CCUS consists of capturing carbon dioxide (CO₂) during the steelmaking process, then transporting the CO₂ via ship or pipeline, and lastly reutilizing it in other industrial processes, such as producing fuels or as input into chemical production. The CO₂ can also be permanently stored deep underground in geological formations.
Supported by cleaner production, the global steel market is forecast to grow by 557 million tonnes during 2021-2025, progressing at a compound annual growth rate (CAGR) of 6.32%.
As demand for steel grows, so will steelmaking coal’s role in sustainable production.
Teck is one of Canada’s leading mining companies committed to responsibly producing steelmaking coal needed for a low-carbon future.
What are the different types of climate indexes? We show their key metrics and how they can help investors align with net-zero goals.
Published
on
By
If average temperatures continue to rise at their current rate:
To prevent the worst effects of climate change, climate experts believe we need to drive carbon emissions down to net-zero.
This infographic from MSCI shows five climate indexes that can help align investor portfolios to the goals of the Paris Agreement, mitigate emissions, and reduce fossil fuel exposure.
Net-zero targets are a clearly marked pathway for companies to reduce greenhouse gas (GHG) emissions in line with the Paris Agreement.
The Paris Agreement’s goal is to limit global warming to well below 2°C, preferably no more than 1.5°C above pre-industrial levels. Investors have a critical role to play in this transition to net-zero.
First, here are the key metrics used to assess the environmental profile of indexes:
Let’s look at five types of climate indexes from MSCI:
Objective: Reduce carbon intensity by 50% compared to benchmark, annual decarbonization of 10%, increase weight in green solutions companies.
The indexes have also shown strong performance on the Climate Value at Risk (Var) metric.
Climate Var provides a forward-looking return-based assessment of how climate change could affect company valuations. For instance, a holder of MSCI ACWI would likely see an erosion of portfolio value by about 14.44% if the world were to decarbonize in line with a 1.5°C warming scenario.
A holder of a Climate Paris Aligned Index, by contrast, would see little to no erosion in value.

Metric Description Climate Paris Aligned Index Benchmark Index
What was the historical climate performance? 88% lower carbon emissions than the reference index 11 tons CO2e/$ million invested 89 tons CO2e/$ million invested
Key climate feature* Climate Value at Risk (Var) 0% -14.44%
Index performance
(Five-year annualized return as of Sep 30 2021)
Outperformed benchmark MSCI ACWI Index 15.40% 13.80%


*As of May 2021 semi-annual index review
Objective: Reduce carbon emission intensity by 30% compared to benchmark, annual decarbonization of 7%, increase weight in green opportunity companies.
Green opportunity companies may include green bonds, companies with low carbon patents, or provide exposure to UN Sustainable Development Goals. These are companies which see opportunity from the climate transition.

Metric Description Climate Change Index Benchmark Index
What was the historical climate performance? 62% lower carbon emissions than reference index 34 tons CO2e/$M invested 89 tons CO2e/$M invested
Key climate feature Carbon intensity is at least 50% lower than that of the benchmark 32 tons CO2e/$M sales 205 tons CO2e/$M sales
Index performance
(Five-year annualized return as of Sep 30 2021)
Outperformed benchmark MSCI ACWI Index 15.70% 13.80%


Objective: Minimize carbon footprint by 50% based on exposure to carbon emissions and fossil fuel reserves.
The carbon footprint covers two key metrics:
Objective: Represent broad market performance while excluding companies that own oil, gas and coal reserves.

Metric Description Fossil Fuels Exclusion Index Benchmark Index
What was the historical climate performance? Carbon emissions were reduced by 34% compared to the reference index 59 tons CO2e/$M invested 89 tons CO2e/$M invested
Key climate feature Proportion of index invested in fossil fuel reserves 0% 5%
Index performance (Five-year annualized return as of Sep 30 2021) Outperformed benchmark MSCI ACWI Index 14.30% 13.80%


Objective: Select companies that derive at least 50% of their revenues from environmentally beneficial products and services.
The green to fossil fuel-based net revenue exposure compares revenues from green companies in relation to companies with revenues from fossil fuel. This can be used as a metric to assess the shift from fossil fuel-related activities to greener alternatives.

Metric Description Environment Index Benchmark Index
What was the historical climate performance? Included companies that derive at least 50% of revenues from green energy* 99% 9.10%
Key climate feature Green/fossil fuel-based net revenue exposure 192.7 3
Index performance
(Five-year annualized return as of Sep 30 2021)
Outperformed benchmark MSCI ACWI Index 23.60% 13.80%


*Cumulative measure across holdings, includes alternative (renewable) energy, green buildings, sustainable water and pollution prevention
As investors integrate climate concerns in their portfolios, they can use indexes from MSCI to help make more informed decisions.
Climate indexes can help investors:
These climate tools can help investors with future investment strategies—and catalyze change.
From Greek to Latin: Visualizing the Evolution of the Alphabet
Prediction Consensus: What the Experts See Coming in 2022
The 20 Internet Giants That Rule the Web
The Cost of Space Flight Before and After SpaceX
Companies Gone Public in 2021: Visualizing IPO Valuations
How Every Asset Class, Currency, and S&P 500 Sector Performed in 2021
Ranked: Nuclear Power Production, by Country
Visualizing the Power of the World’s Supercomputers
Copyright © 2021 Visual Capitalist

source