How a global nickel shortage could disrupt the electric vehicle industry

How a global nickel shortage could disrupt the electric vehicle industry Main Photo

1 Jun 2022


News

As automakers around the world set bold targets for vehicle electrification, many in the industry are looking to nickel — an integral component of most lithium ion batteries — as a major hurdle.

While there’s enough nickel in the ground to support a major EV ramp up, there are not enough planned mining projects or processing facilities to make the type of high-grade nickel that’s needed for EV batteries.

Click here to view the original article from CNBC.