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Roskill: automotive batteries and stainless steel to drive nickel demand

Green Car Congress

per year over the course of the forecast period, due to rising output in China and Indonesia. Two-year LME cash price chart for nickel. Supply growth to come mainly from China and from Indonesia. In recent years, Chinese producers have been investing heavily in nickel pig iron (NPI) plants in Indonesia.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. As the market matures, the industry is entering a phase marked by increased price competition and consolidation. As in many other countries in the region, foreign carmakers – especially Chinese – are increasingly entering the market.