Nickel demand to outstrip supply by 2024, causing headaches for EV manufacturers

Capt. John

Global demand for high-grade nickel, an essential component in electric vehicle (EV) batteries, will outweigh supply by 2024. An analysis by Rystad Energy indicates that although global supply will continue its steady year-on-year climb, rising demand spurred in part by the energy transition will lead to a shortage in less than two years. Global nickel …

The post Nickel demand to outstrip supply by 2024, causing headaches for EV manufacturers first appeared on Hellenic Shipping News Worldwide.

https://www.hellenicshippingnews.com/nickel-demand-to-outstrip-supply-by-2024-causing-headaches-for-ev-manufacturers/

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