# Critical Minerals and Components for Electric Vehicles

Electric vehicles depend on 57 critical minerals, from lithium and nickel to graphite, used in products such as battery electric car and DC fast charger (350 kW). Stockatomics links 74 listed companies to electric vehicles through the minerals they produce, process or recover and the components they make or buy.

Source: https://www.stockatomics.com/sectors/electric-vehicles
Critical minerals: 57
Components: 3
Linked companies: 74

## Minerals and components for electric vehicles

The minerals and components electric vehicles depend on, tightest supply first, with each one’s supply verdict, price change over one month and one year, and top import origin.

| Name | Type | Supply | 1M change | 1Y change | Top origin |
| --- | --- | --- | --- | --- | --- |
| [Cobalt](https://www.stockatomics.com/commodities/cobalt-price-us) | Mineral | Tightening | −3.9% | +82.0% | Canada |
| [Lithium](https://www.stockatomics.com/commodities/lithium-price-us) | Mineral | Tightening | +24.4% | +59.9% | Chile |
| [Electric motors over 75 kW](https://www.stockatomics.com/components/traction-motors) | Component | Tightening | −16.8% | +10.1% | Mexico |
| [Graphite](https://www.stockatomics.com/commodities/graphite-price-us) | Mineral | Stable | −40.4% | −18.8% | China |
| [Nickel](https://www.stockatomics.com/commodities/nickel-price-us) | Mineral | Tightening | −5.8% | +9.0% | Canada |
| [Permanent magnets](https://www.stockatomics.com/components/permanent-magnets) | Component | Stable | +1.5% | +29.7% | China |
| [Neodymium](https://www.stockatomics.com/commodities/neodymium-price-us) | Mineral | Stable | - | +30.4% | - |
| [Praseodymium](https://www.stockatomics.com/commodities/praseodymium-price-us) | Mineral | Stable | - | +32.1% | - |
| [Dysprosium](https://www.stockatomics.com/commodities/dysprosium-price-us) | Mineral | Stable | - | −7.0% | - |
| [Terbium](https://www.stockatomics.com/commodities/terbium-price-us) | Mineral | Stable | - | +24.4% | - |

All EV components: https://www.stockatomics.com/sectors/electric-vehicles/components

## The 57 critical minerals electric vehicles depend on

| Mineral | Role in Electric Vehicles | Price per kg (USD) | 1M change | Stocks |
| --- | --- | --- | --- | --- |
| [Aluminum](https://www.stockatomics.com/commodities/aluminum-price-us) | Body and chassis, battery enclosures and cathode foils | $3.63 per kg contained | −7.7% | [Aluminum stocks](https://www.stockatomics.com/commodities/aluminum-stocks) |
| [Antimony](https://www.stockatomics.com/commodities/antimony-price-us) | Lead-acid auxiliary batteries | $22.87 per kg contained | −9.5% | - |
| [Arsenic](https://www.stockatomics.com/commodities/arsenic-price-us) |  | $1.23 per kg contained | +62.7% | - |
| [Beryllium](https://www.stockatomics.com/commodities/beryllium-price-us) |  | $1,600 per kg contained | - | - |
| [Bismuth](https://www.stockatomics.com/commodities/bismuth-price-us) |  | $65.60 per kg contained | +17.9% | - |
| [Boron](https://www.stockatomics.com/commodities/boron-price-us) | Neodymium-iron-boron motor magnets | $5.27 per kg contained | −6.5% | - |
| [Cerium](https://www.stockatomics.com/commodities/cerium-price-us) |  | $2.10 per kg contained | - | - |
| [Cesium](https://www.stockatomics.com/commodities/cesium-price-us) |  | $104,000 per kg contained | - | - |
| [Chromium](https://www.stockatomics.com/commodities/chromium-price-us) | Stainless and alloy steels | $1.86 per kg contained | - | - |
| [Cobalt](https://www.stockatomics.com/commodities/cobalt-price-us) | Stability and lifespan in nickel-rich cathodes | $56.81 per kg contained | −3.9% | [Cobalt stocks](https://www.stockatomics.com/commodities/cobalt-stocks) |
| [Copper](https://www.stockatomics.com/commodities/copper-price-us) | Motor windings, wiring and anode current collectors | $13.92 per kg contained | +2.2% | [Copper stocks](https://www.stockatomics.com/commodities/copper-stocks) |
| [Dysprosium](https://www.stockatomics.com/commodities/dysprosium-price-us) | Keeping motor magnets strong when they run hot | $274.30 per kg contained | - | - |
| [Erbium](https://www.stockatomics.com/commodities/erbium-price-us) |  | $52.60 per kg contained | - | - |
| [Europium](https://www.stockatomics.com/commodities/europium-price-us) |  | $31.26 per kg contained | - | - |
| [Fluorspar](https://www.stockatomics.com/commodities/fluorspar-price-us) | Battery electrolyte salt and electrode binder | $0.54 per kg fluorspar | +9.3% | - |
| [Gadolinium](https://www.stockatomics.com/commodities/gadolinium-price-us) |  | $34.58 per kg contained | - | - |
| [Gallium](https://www.stockatomics.com/commodities/gallium-price-us) | Gallium nitride chips in chargers and power electronics | $1,530 per kg contained | −11.0% | - |
| [Germanium](https://www.stockatomics.com/commodities/germanium-price-us) | Infrared sensors in driver assistance systems | $4,861 per kg contained | −14.2% | - |
| [Graphite](https://www.stockatomics.com/commodities/graphite-price-us) | The battery anode | $1.17 per kg graphite | −40.4% | - |
| [Hafnium](https://www.stockatomics.com/commodities/hafnium-price-us) |  | $5,039 per kg contained | +55.3% | - |
| [Holmium](https://www.stockatomics.com/commodities/holmium-price-us) |  | $80.18 per kg contained | - | - |
| [Indium](https://www.stockatomics.com/commodities/indium-price-us) |  | $732.37 per kg contained | +5.7% | - |
| [Iridium](https://www.stockatomics.com/commodities/iridium-price-us) |  | $158,394 per kg contained | +2.7% | - |
| [Lanthanum](https://www.stockatomics.com/commodities/lanthanum-price-us) |  | $1.17 per kg contained | - | - |
| [Lead](https://www.stockatomics.com/commodities/lead-price-us) | The auxiliary 12-volt battery | $1.93 per kg contained | −7.7% | [Lead stocks](https://www.stockatomics.com/commodities/lead-stocks) |
| [Lithium](https://www.stockatomics.com/commodities/lithium-price-us) | Every lithium-ion battery cell, in the cathode and the electrolyte | $89.62 per kg contained | +24.4% | [Lithium stocks](https://www.stockatomics.com/commodities/lithium-stocks) |
| [Lutetium](https://www.stockatomics.com/commodities/lutetium-price-us) |  | $1,010 per kg contained | - | - |
| [Magnesium](https://www.stockatomics.com/commodities/magnesium-price-us) | Lightweight castings and aluminum alloys | $3.99 per kg contained | −2.0% | - |
| [Manganese](https://www.stockatomics.com/commodities/manganese-price-us) | Battery cathodes and high-strength steel | $0.58 per kg contained | - | [Manganese stocks](https://www.stockatomics.com/commodities/manganese-stocks) |
| [Metallurgical coal](https://www.stockatomics.com/commodities/metallurgical-coal-price-us) |  | $0.15 per kg coal | +1.2% | [Metallurgical coal stocks](https://www.stockatomics.com/commodities/metallurgical-coal-stocks) |
| [Neodymium](https://www.stockatomics.com/commodities/neodymium-price-us) | Permanent magnets in traction motors | $85.14 per kg contained | - | - |
| [Nickel](https://www.stockatomics.com/commodities/nickel-price-us) | High-energy nickel-rich battery cathodes | $17.24 per kg contained | −5.8% | [Nickel stocks](https://www.stockatomics.com/commodities/nickel-stocks) |
| [Niobium](https://www.stockatomics.com/commodities/niobium-price-us) | High-strength steel and fast-charging anodes | $42.82 per kg contained | −0.6% | - |
| [Palladium](https://www.stockatomics.com/commodities/palladium-price-us) | Catalytic converters in plug-in hybrids | $41,504 per kg contained | −5.2% | - |
| [Phosphate](https://www.stockatomics.com/commodities/phosphate-price-us) | Lithium iron phosphate battery cathodes | $0.091 per kg phosphate rock | +5.5% | [Phosphate stocks](https://www.stockatomics.com/commodities/phosphate-stocks) |
| [Platinum](https://www.stockatomics.com/commodities/platinum-price-us) | Catalytic converters in plug-in hybrids and fuel cell vehicles | $53,892 per kg contained | −1.6% | - |
| [Praseodymium](https://www.stockatomics.com/commodities/praseodymium-price-us) | Permanent magnets in traction motors, alongside neodymium | $89.40 per kg contained | - | - |
| [Rhenium](https://www.stockatomics.com/commodities/rhenium-price-us) |  | $5,002 per kg contained | +63.3% | - |
| [Rhodium](https://www.stockatomics.com/commodities/rhodium-price-us) | Catalytic converters in plug-in hybrids | $258,682 per kg contained | −3.2% | - |
| [Rubidium](https://www.stockatomics.com/commodities/rubidium-price-us) |  | $24,530 per kg contained | - | - |
| [Ruthenium](https://www.stockatomics.com/commodities/ruthenium-price-us) |  | $44,386 per kg contained | −5.4% | - |
| [Samarium](https://www.stockatomics.com/commodities/samarium-price-us) |  | $3.27 per kg contained | - | - |
| [Scandium](https://www.stockatomics.com/commodities/scandium-price-us) |  | $5,200 per kg contained | - | - |
| [Silicon](https://www.stockatomics.com/commodities/silicon-price-us) | Silicon-graphite anodes and silicon carbide power chips | $2.85 per kg contained | −5.5% | - |
| [Silver](https://www.stockatomics.com/commodities/silver-price-us) | Electrical contacts and electronics | $2,040 per kg contained | +5.7% | [Silver stocks](https://www.stockatomics.com/commodities/silver-stocks) |
| [Tantalum](https://www.stockatomics.com/commodities/tantalum-price-us) | Capacitors in vehicle electronics | $628.07 per kg contained | −6.4% | - |
| [Tellurium](https://www.stockatomics.com/commodities/tellurium-price-us) |  | $163.72 per kg contained | +40.9% | - |
| [Terbium](https://www.stockatomics.com/commodities/terbium-price-us) | Keeping motor magnets strong when they run hot | $1,188 per kg contained | - | - |
| [Thulium](https://www.stockatomics.com/commodities/thulium-price-us) |  | $1,840 per kg contained | - | - |
| [Tin](https://www.stockatomics.com/commodities/tin-price-us) | Solder in electronics and battery management systems | $52.30 per kg contained | −0.2% | - |
| [Titanium](https://www.stockatomics.com/commodities/titanium-price-us) | Lithium titanate anodes in some batteries | $0.83 per kg contained | - | [Titanium stocks](https://www.stockatomics.com/commodities/titanium-stocks) |
| [Tungsten](https://www.stockatomics.com/commodities/tungsten-price-us) |  | $127.28 per kg contained | −7.9% | - |
| [Vanadium](https://www.stockatomics.com/commodities/vanadium-price-us) | High-strength steel | $23.90 per kg contained | −9.7% | - |
| [Ytterbium](https://www.stockatomics.com/commodities/ytterbium-price-us) |  | $17.08 per kg contained | - | - |
| [Yttrium](https://www.stockatomics.com/commodities/yttrium-price-us) |  | $11.43 per kg contained | - | - |
| [Zinc](https://www.stockatomics.com/commodities/zinc-price-us) | Galvanised steel bodies | $3.79 per kg contained | −0.2% | [Zinc stocks](https://www.stockatomics.com/commodities/zinc-stocks) |
| [Zirconium](https://www.stockatomics.com/commodities/zirconium-price-us) |  | $2.39 per kg contained | −53.3% | - |

## Products in electric vehicles

- Battery electric car
- DC fast charger (350 kW)
- Electric bus
- Electric truck
- Electric two-wheeler
- EV power inverter (SiC)
- EV traction motor

## Electric vehicles and critical minerals

Electric vehicles swap the fuel tank for a battery and the combustion engine for an electric motor, and both changes multiply a car's appetite for critical minerals. A battery pack concentrates lithium, nickel, cobalt, manganese and graphite in a single component, while the motor relies on rare earth permanent magnets in most designs, and the car as a whole carries several times the copper of a petrol model.

The rest of the vehicle draws on a wider list still. Aluminum and magnesium shed weight to stretch range, silicon carbide and gallium nitride chips manage power between battery and motor, and niobium and vanadium strengthen the steel of the body. A small lead-acid battery often still powers the auxiliary systems.

That combination makes electric vehicles one of the main forces reshaping critical mineral markets, and one of the most exposed to supply concentrated in a few countries. Stockatomics maps 57 critical minerals to electric vehicles.

## Why electric vehicles need these minerals

An electric vehicle needs critical minerals for its battery, its motor, its electronics and its body, and the battery alone accounts for most of the difference from a petrol car.

### Battery

The cathode is the biggest mineral decision a carmaker makes. Nickel-rich chemistries use **lithium**, **nickel**, **manganese** and **cobalt** to maximise range, while lithium iron phosphate uses lithium, iron and **phosphate** to cut cost and avoid nickel and cobalt. Almost every cell uses a **graphite** anode, increasingly blended with **silicon**, current collectors of **aluminum** and **copper**, and an electrolyte and binder built on **fluorspar**.

### Motor

Most electric vehicles use permanent-magnet motors, whose magnets combine **neodymium** and **praseodymium** with **boron**, plus **dysprosium** or **terbium** so they keep their strength when the motor runs hot. The windings are copper.

### Power electronics and wiring

Inverters and chargers use silicon carbide and **gallium** nitride chips to convert power with less waste, while copper wiring runs throughout the car. **Tantalum** capacitors and **tin** solder hold the electronics together.

### Body and chassis

To offset the weight of the battery, carmakers use more **aluminum** and **magnesium**, and high-strength steels made with **niobium**, **vanadium** and **manganese**, galvanised with **zinc**.

## Electric vehicles supply chain risks

The electric vehicle supply chain runs through China at almost every step. Chinese companies refine most of the world's lithium, cobalt and graphite, make most battery cells and produce most rare earth magnets. The Democratic Republic of Congo mines most of the world's cobalt, and Indonesia now supplies most new nickel, much of it through Chinese-owned plants.

China has added graphite and several rare earths to its export controls, and in 2025 carmakers in the US, Europe and Japan faced shortages of rare earth magnets that briefly halted some production lines.

### What that means for carmakers

- Western carmakers are signing direct deals with mines and refiners, and investing in them
- US and European rules increasingly reward batteries and minerals sourced outside China
- Battery chemistry and motor design are being chosen partly to reduce exposure to the scarcest minerals

## What is changing for electric vehicles

As of October 2026, the electric vehicle market is growing unevenly. China leads by a wide margin, Europe continues under tight emissions rules, and the United States has slowed after the end of the federal electric vehicle tax credit in 2025.

### What to watch

- **Chemistry shifts:** lithium iron phosphate has taken a large share of the market, reducing nickel and cobalt per vehicle, while sodium-ion is being commercialised for cheaper cars
- **Magnet risk:** after the 2025 shortages, carmakers are qualifying non-Chinese magnet suppliers and testing motors that need fewer or no heavy rare earths
- **Sourcing rules:** US and European rules increasingly reward minerals and batteries sourced outside China
- **Hybrids:** a renewed rise in hybrids adds battery demand while keeping some demand for platinum group metals in exhaust catalysts
- **Recycling:** the first large wave of end-of-life batteries is approaching, creating a new source of lithium, nickel and cobalt

## In the Stockatomics Terminal

Demand share by mineral, implied demand value, demand growth scenarios and companies ranked by electric vehicles exposure.

## Companies linked to electric vehicles

| Company | Ticker | Exchange |
| --- | --- | --- |
| [Albemarle](https://www.stockatomics.com/companies/albemarle-nyse-alb) | ALB | NYSE |
| [Alcoa](https://www.stockatomics.com/companies/alcoa-nyse-aa) | AA | NYSE |
| [Alpha Metallurgical Resources](https://www.stockatomics.com/companies/alpha-metallurgical-resources-nyse-amr) | AMR | NYSE |
| [Americas Gold and Silver](https://www.stockatomics.com/companies/americas-gold-and-silver-nyse-american-usas) | USAS | NYSE American |
| [Andrada Mining](https://www.stockatomics.com/companies/andrada-mining-aim-atm) | ATM | AIM |
| [Anglo American](https://www.stockatomics.com/companies/anglo-american-lon-aal) | AAL | LON |
| [Antofagasta](https://www.stockatomics.com/companies/antofagasta-lon-anto) | ANTO | LON |
| [Barrick Mining](https://www.stockatomics.com/companies/barrick-mining-nyse-b) | B | NYSE |
| [BHP](https://www.stockatomics.com/companies/bhp-nyse-bhp) | BHP | NYSE |
| [Boliden](https://www.stockatomics.com/companies/boliden-sto-bol) | BOL | STO |
| [BorgWarner](https://www.stockatomics.com/companies/borgwarner-nyse-bwa) | BWA | NYSE |
| [BYD](https://www.stockatomics.com/companies/byd-hkg-1211) | 1211 | HKG |
| [Capstone Copper](https://www.stockatomics.com/companies/capstone-copper-tse-cs) | CS | TSE |
| [Century Aluminum](https://www.stockatomics.com/companies/century-aluminum-nasdaq-cenx) | CENX | NASDAQ |
| [Chalco](https://www.stockatomics.com/companies/chalco-hkg-2600) | 2600 | HKG |
| [China Hongqiao](https://www.stockatomics.com/companies/china-hongqiao-hkg-1378) | 1378 | HKG |
| [CMOC Group](https://www.stockatomics.com/companies/cmoc-group-hkg-3993) | 3993 | HKG |
| [Coeur Mining](https://www.stockatomics.com/companies/coeur-mining-nyse-cde) | CDE | NYSE |
| [Eramet](https://www.stockatomics.com/companies/eramet-epa-eramet) | ERAMET | EPA |
| [Ferroglobe](https://www.stockatomics.com/companies/ferroglobe-nasdaq-gsm) | GSM | NASDAQ |
| [First Majestic Silver](https://www.stockatomics.com/companies/first-majestic-silver-nyse-ag) | AG | NYSE |
| [First Quantum Minerals](https://www.stockatomics.com/companies/first-quantum-minerals-tse-fm) | FM | TSE |
| [Ford Motor](https://www.stockatomics.com/companies/ford-motor-nyse-f) | F | NYSE |
| [Freeport-McMoRan](https://www.stockatomics.com/companies/freeport-mcmoran-nyse-fcx) | FCX | NYSE |
| [Fresnillo](https://www.stockatomics.com/companies/fresnillo-otc-fnlpf) | FNLPF | OTC |
| [General Motors](https://www.stockatomics.com/companies/general-motors-nyse-gm) | GM | NYSE |
| [Glencore](https://www.stockatomics.com/companies/glencore-otc-glcnf) | GLCNF | OTC |
| [Hecla Mining](https://www.stockatomics.com/companies/hecla-mining-nyse-hl) | HL | NYSE |
| [Hindustan Zinc](https://www.stockatomics.com/companies/hindustan-zinc-nse-hindzinc) | HINDZINC | NSE |
| [Hudbay Minerals](https://www.stockatomics.com/companies/hudbay-minerals-tse-hbm) | HBM | TSE |
| [ICL Group](https://www.stockatomics.com/companies/icl-group-nyse-icl) | ICL | NYSE |
| [IGO](https://www.stockatomics.com/companies/igo-asx-igo) | IGO | ASX |
| [Iluka Resources](https://www.stockatomics.com/companies/iluka-resources-asx-ilu) | ILU | ASX |
| [Impala Platinum](https://www.stockatomics.com/companies/impala-platinum-otc-impuy) | IMPUY | OTC |
| [Ivanhoe Mines](https://www.stockatomics.com/companies/ivanhoe-mines-tse-ivn) | IVN | TSE |
| [JL Mag Rare-Earth](https://www.stockatomics.com/companies/jl-mag-rare-earth-she-300748) | 300748 | SHE |
| [Kenmare Resources](https://www.stockatomics.com/companies/kenmare-resources-lon-kmr) | KMR | LON |
| [KGHM Polska Miedz](https://www.stockatomics.com/companies/kghm-otc-kghpf) | KGHPF | OTC |
| [Korea Zinc](https://www.stockatomics.com/companies/korea-zinc-krx-010130) | 010130 | KRX |
| [Largo](https://www.stockatomics.com/companies/largo-nasdaq-lgo) | LGO | NASDAQ |
| [Liontown Resources](https://www.stockatomics.com/companies/liontown-resources-asx-ltr) | LTR | ASX |
| [Lundin Mining](https://www.stockatomics.com/companies/lundin-mining-tse-lun) | LUN | TSE |
| [Lynas Rare Earths](https://www.stockatomics.com/companies/lynas-rare-earths-asx-lyc) | LYC | ASX |
| [Materion](https://www.stockatomics.com/companies/materion-nyse-mtrn) | MTRN | NYSE |
| [Mineral Resources](https://www.stockatomics.com/companies/mineral-resources-asx-min) | MIN | ASX |
| [Molymet](https://www.stockatomics.com/companies/molymet-snse-molymet) | MOLYMET | SNSE |
| [Mosaic](https://www.stockatomics.com/companies/mosaic-nyse-mos) | MOS | NYSE |
| [MP Materials](https://www.stockatomics.com/companies/mp-materials-nyse-mp) | MP | NYSE |
| [Neo Performance Materials](https://www.stockatomics.com/companies/neo-performance-materials-tse-neo) | NEO | TSE |
| [Newmont](https://www.stockatomics.com/companies/newmont-nyse-nem) | NEM | NYSE |
| [Nexa Resources](https://www.stockatomics.com/companies/nexa-resources-nyse-nexa) | NEXA | NYSE |
| [Nidec](https://www.stockatomics.com/companies/nidec-tyo-6594) | 6594 | TYO |
| [Norsk Hydro](https://www.stockatomics.com/companies/norsk-hydro-osl-nhy) | NHY | OSL |
| [Nutrien](https://www.stockatomics.com/companies/nutrien-nyse-ntr) | NTR | NYSE |
| [Pan American Silver](https://www.stockatomics.com/companies/pan-american-silver-nyse-paas) | PAAS | NYSE |
| [Pilbara Minerals](https://www.stockatomics.com/companies/pilbara-minerals-asx-pls) | PLS | ASX |
| [Ramaco Resources](https://www.stockatomics.com/companies/ramaco-resources-nasdaq-metc) | METC | NASDAQ |
| [Rio Tinto](https://www.stockatomics.com/companies/rio-tinto-nyse-rio) | RIO | NYSE |
| [Sibanye-Stillwater](https://www.stockatomics.com/companies/sibanye-stillwater-nyse-sbsw) | SBSW | NYSE |
| [Siemens Energy](https://www.stockatomics.com/companies/siemens-energy-etr-enr) | ENR | ETR |
| [Sinomine Resource Group](https://www.stockatomics.com/companies/sinomine-resource-group-she-002738) | 002738 | SHE |
| [Sociedad Quimica y Minera](https://www.stockatomics.com/companies/sqm-nyse-sqm) | SQM | NYSE |
| [South32](https://www.stockatomics.com/companies/south32-asx-s32) | S32 | ASX |
| [Southern Copper](https://www.stockatomics.com/companies/southern-copper-nyse-scco) | SCCO | NYSE |
| [Syrah Resources](https://www.stockatomics.com/companies/syrah-resources-otc-syaaf) | SYAAF | OTC |
| [Tesla](https://www.stockatomics.com/companies/tesla-nasdaq-tsla) | TSLA | NASDAQ |
| [Titan Mining](https://www.stockatomics.com/companies/titan-mining-tse-ti) | TI | TSE |
| [Toyota Motor](https://www.stockatomics.com/companies/toyota-motor-nyse-tm) | TM | NYSE |
| [Tronox](https://www.stockatomics.com/companies/tronox-nyse-trox) | TROX | NYSE |
| [United States Antimony](https://www.stockatomics.com/companies/united-states-antimony-nyse-uamy) | UAMY | NYSE |
| [Vale](https://www.stockatomics.com/companies/vale-nyse-vale) | VALE | NYSE |
| [Warrior Met Coal](https://www.stockatomics.com/companies/warrior-met-coal-nyse-hcc) | HCC | NYSE |
| [Whitehaven Coal](https://www.stockatomics.com/companies/whitehaven-coal-asx-whc) | WHC | ASX |
| [Zhong Ke San Huan](https://www.stockatomics.com/companies/zhong-ke-san-huan-she-000970) | 000970 | SHE |

## FAQ

### Why do electric vehicles need critical minerals?

Electric vehicles replace the fuel tank with a battery and the engine with an electric motor, and both are built from critical minerals: lithium, nickel, cobalt, manganese and graphite in the battery, rare earths in the motor and much more copper throughout the car.

### Which critical minerals are in an electric vehicle battery?

Lithium in every cell, with nickel, manganese and cobalt or with iron and phosphate in the cathode, graphite in the anode, aluminum and copper foils, and fluorine-based electrolyte and binder.

### Do electric vehicles use rare earths?

Most do, in permanent-magnet motors made from neodymium and praseodymium, often with dysprosium or terbium. Some carmakers use motors without rare earth magnets, at some cost to efficiency or size.

### Do all electric vehicles use cobalt?

No. Lithium iron phosphate batteries contain no cobalt or nickel, and many nickel-rich chemistries have cut cobalt sharply.

### Which critical minerals do electric vehicles need?

Electric vehicles depend on 57 critical minerals: aluminum, antimony, arsenic, beryllium, bismuth, boron, cerium, cesium, chromium, cobalt, copper, dysprosium, erbium, europium, fluorspar, gadolinium, gallium, germanium, graphite, hafnium, holmium, indium, iridium, lanthanum, lead, lithium, lutetium, magnesium, manganese, metallurgical coal, neodymium, nickel, niobium, palladium, phosphate, platinum, praseodymium, rhenium, rhodium, rubidium, ruthenium, samarium, scandium, silicon, silver, tantalum, tellurium, terbium, thulium, tin, titanium, tungsten, vanadium, ytterbium, yttrium, zinc and zirconium. [Each mineral's role and price per kg](https://www.stockatomics.com/sectors/electric-vehicles#minerals-table) is on this page.

### Which companies are linked to electric vehicles?

Stockatomics links 74 listed companies to electric vehicles through the critical minerals they produce, process or recover and the components they make or buy, among them [Albemarle](https://www.stockatomics.com/companies/albemarle-nyse-alb) (NYSE: ALB), [Alcoa](https://www.stockatomics.com/companies/alcoa-nyse-aa) (NYSE: AA), [Alpha Metallurgical Resources](https://www.stockatomics.com/companies/alpha-metallurgical-resources-nyse-amr) (NYSE: AMR), [Americas Gold and Silver](https://www.stockatomics.com/companies/americas-gold-and-silver-nyse-american-usas) (NYSE American: USAS), [Andrada Mining](https://www.stockatomics.com/companies/andrada-mining-aim-atm) (AIM: ATM) and [Anglo American](https://www.stockatomics.com/companies/anglo-american-lon-aal) (LON: AAL). [See all 74](https://www.stockatomics.com/sectors/electric-vehicles#companies).

## Related sectors

- [Power Grids](https://www.stockatomics.com/sectors/power-grids): 57 minerals in common
- [Defence](https://www.stockatomics.com/sectors/defence): 57 minerals in common
- [Semiconductors](https://www.stockatomics.com/sectors/semiconductors): 56 minerals in common

## Sources

- U.S. Geological Survey (USGS): the US critical minerals list and where each mineral is used.
- Company filings: each company’s minerals and its role in each.
- Stockatomics: each mineral’s benchmark price per kg.

Last updated 18 October 2026.