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Critical Minerals for Electric Vehicle Batteries and Artificial Intelligence: Challenges and Opportunities for ASEAN and East Asian Countries

In: Critical Minerals Supply Chains Security and Resiliency in the ASEAN, Vol. 2

Author

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  • Joaquin Vespignani

    (Tasmanian School of Business and Economics, University of Tasmania
    Australian National University, Centre for Applied Macroeconomic Analysis)

Abstract

The transition to clean energy and the rise in electric vehicle adoptions have led to a significant increase in demand for critical minerals like lithium, cobalt, and nickel. These materials are vital for advanced battery technologies that support growing global energy needs. This chapter aims to investigate the role of these minerals in EV battery production, with a particular focus on the economic, environmental, and technological challenges and opportunities in the ASEAN, East Asia, and Oceania regions. The chapter addresses the complexities of mineral extraction, including non-technical risks and regulatory barriers, and examines how artificial intelligence can enhance productivity, reduce environmental impacts, and mitigate socio-political risks. Additionally, the chapter proposes establishing the ASEAN, East Asia, and Oceania Fund for Sustainable Critical Minerals and Clean Energy Production to promote sustainable practices, improve community benefits, and foster economic growth. The chapter concludes by highlighting the potential of artificial intelligence and regional collaboration to overcome current challenges and ensure the sustainable development of critical mineral resources.

Suggested Citation

  • Joaquin Vespignani, 2026. "Critical Minerals for Electric Vehicle Batteries and Artificial Intelligence: Challenges and Opportunities for ASEAN and East Asian Countries," Economics, Law, and Institutions in Asia Pacific, in: Phoumin Han & Rabindra Nepal & Farhad Taghizadeh-Hesary (ed.), Critical Minerals Supply Chains Security and Resiliency in the ASEAN, Vol. 2, chapter 0, pages 123-152, Springer.
    • Handle: RePEc:spr:eclchp:978-981-96-9354-2_6
    DOI: 10.1007/978-981-96-9354-2_6
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