Nickel shortage spells trouble for EVs — report
13 Oct 2021
News, electric vehicle
The auto industry’s move to electric cars could encounter hiccups caused by a shortage of nickel — one of the most widely used minerals for EV batteries — as soon as 2026, according to research from consultancy Rystad Energy.
Discussions about electric vehicles’ appetite for raw materials have tended to overlook nickel, focusing more on the supply challenges and societal impacts of cobalt and lithium.