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GlobalData: Russian nickel sanctions would slow electric vehicle adoption

Green Car Congress

Sanctioning Russian nickel will slow the adoption of electric vehicles (EVs) and hinder the decarbonization of Western economies, according to GlobalData. The evolving situation in Russia and Ukraine has already caused unprecedented increases in the price of nickel. Trading had yet to resume as of 10 March.

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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

Minerals and the materials derived from them are at the heart of energy transition strategies, and emerging markets and developing economies are the overwhelming providers. The report notes that on 8 March 2022, the London Metals Exchange (LME) abruptly halted trading in nickel, which had reached $100,000 per tonne.

China 416
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Britishvolt wants to build battery gigafactories around the world

Charged EVs

We’re working with places like Imperial College London, where they’re using modeling and simulation tools to better predict performance of cells with new materials. Raw material prices have been going through the roof, and the invasion of Ukraine hasn’t helped. We were already looking at huge inflation. How many will come to fruition?

Building 125
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Mining expert commends Biden for invoking Act to surge domestic production of EV materials

Teslarati

In recent months, material prices have surged due to various issues, namely the Russia-Ukraine conflict. Nickel, one of the most crucial materials for the EV production agenda moving forward, surged from $30,000 to $100,000 on the London Metals Exchange in early March, causing a temporary trading freeze. I’d love to hear from you!

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We Need More Than Just Electric Vehicles

Cars That Think

We then used results from a model of the global economy to allocate a portion of this global budget specifically to the U.S. Just two countries—Chile and Australia—account for over two-thirds of global lithium reserves, and South Africa, Brazil, Ukraine, and Australia have almost all the manganese reserves.