GlobalData: Russian nickel sanctions would slow electric vehicle adoption
Green Car Congress
MARCH 11, 2022
Sanctioning Russian nickel will slow the adoption of electric vehicles (EVs) and hinder the decarbonization of Western economies, according to GlobalData. As nickel is used in the production of EV batteries, any sanctions placed on Russian nickel will cause EV manufacturing prices to increase further, threatening adoption and decarbonization.
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