Will there be enough to build all the electric vehicles?
Global demand for cobalt and nickel, two of the essential elements in electric car batteries, has never been higher. But where do all those metals come from? And do we even have enough for our electrified future? The answers to those questions are getting increasingly complex.
Reuters and Bloomberg both have stories out today on the metals and, as Reuters reports, while demand for nickel keeps increasing, half the world's nickel supply is too low in quality to use for car batteries.
All of which is going to have seismic effect on the world's suppliers. In short: There will be winners and losers, and the winners will be the ones with the highest-grade stuff—not unlike, I suppose, the illicit drugs market.
Do you feel fearful, uncertain, and doubtful about the future of electric cars?
(Score: 2) by realDonaldTrump on Thursday November 02 2017, @06:52AM (1 child)
Not the nickel. A lot of the nickel comes from Russia and Canada. Which are giving us a lot of problems too. Politically, a lot of problems. They sent us the Steele dossier. And they sent us Ted Cruz. To mess with our great elections. They almost made a DISASTER of our elections. 🇺🇸
(Score: 0) by Anonymous Coward on Thursday November 02 2017, @07:29AM
What a mess! We need that wall YESTERDAY. Like, the 1950s. To keep American minerals and vitamins in. We make beautiful nickels in this country but THEY won't tell you about it.