nickel market – Charm

The Metal Driving the Electric Vehicle Revolution • Carbon Credits

Cs news9 months ago55 mins

The shift to electric vehicles (EVs) is reshaping the automotive industry, creating unprecedented demand for critical metals. An EV contains 6x more critical metal than a conventional car, making metal resources the backbone of this electrification revolution. For a typical 62.5 kWh battery-powered EV (NMC 811 composition), here’s the breakdown of key metals and their average…

Can the Market Keep Up?

Cs news11 months ago512 mins

Demand for battery-grade nickel is expected to surge, tripling by 2030, according to Benchmark Mineral Intelligence. This growth will largely be due to mid- and high-performance electric vehicles (EVs) in Western markets. A senior nickel analyst at Benchmark, Jorge Uzcategui, particularly noted that: “China will see growth too, but it won’t match the pace in…