Asset Details
Do you wish to reserve the book?
Analysis of the Impact of Automaker Strategies on Lithium Price Elasticity Using a Novel Bottom-Up Demand Model
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
Analysis of the Impact of Automaker Strategies on Lithium Price Elasticity Using a Novel Bottom-Up Demand Model
Do you wish to request the book?
Analysis of the Impact of Automaker Strategies on Lithium Price Elasticity Using a Novel Bottom-Up Demand Model
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Dissertation
Analysis of the Impact of Automaker Strategies on Lithium Price Elasticity Using a Novel Bottom-Up Demand Model
2024
Overview
A global transportation paradigm shift towards electrification is underway that is rapidly redefining how billions travel. To reduce possible disruptions to the electric vehicle transition, an understanding of the demand and supply of key critical materials, materials with a high risk of supply chain disruption, is essential. There are key gaps in understanding how automaker electrification strategies will influence materials demand over time. This presents materials suppliers with risks when making decisions on new mine openings, a process that can take many years before new ore is extracted. As a result, materials prices experience significant volatility such as with lithium, which has seen 6x price swings in the past five years. Informed by semi-structured interviews with major automakers, this research applies technical insights of current and emerging battery chemistries to bottom-up economic demand modelling to generate forecasts of lithium demand and price elasticity of that demand. Detailed analysis on automaker electrification strategies, regional breakdown, vehicle class composition, and selected battery chemistries creates an industry-wide evaluation of the possible short- and long-run impacts of high lithium prices. This research provides insights for decision makers in industry and government to optimize electrification strategies that minimize vulnerability to lithium price disruptions. I present three recommendations to automakers, suppliers, and policymakers: (1) accelerate investment in new battery technology, (2) adopt aggressive and flexible rollout strategies that offer wide options for range and drivetrain, and (3) improve strategic communication between suppliers and automakers to narrow forecasts on supply and demand.
Publisher
ProQuest Dissertations & Theses
