Driving the Future: Leveraging Regional Cooperation for Inclusive, Sustainable, and Resilient Electric Vehicle Battery Supply Chains

Global momentum toward electric vehicles (EVs) adoption is strong, with the APEC region leading the charge. APEC economies have committed to ambitious vehicle electrification targets, driving a rapid increase in battery EV sales. Despite the promise of growth, challenges to EV supply chain sustainability remain: high costs, battery reliability, extreme weather, and geopolitical risks. Furthermore, the environmental impacts of mining critical minerals and the energy-intensive nature of battery production are of particular concern. This policy brief discusses the challenges and potential solutions for developing a sustainable and resilient EV battery supply chain in the APEC region, highlighting the importance of regional cooperation to promote innovation and reduce environmental impact.