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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. According to GlobalData’s Mining Commodity Analyzer , Russia was the third-largest producer of nickel in 2021, producing more than 200,000 tons.

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€20,000 EV From Hyundai, Ugly EV Concept From Russia

CleanTechnica EVs

The post €20,000 EV From Hyundai, Ugly EV Concept From Russia appeared first on CleanTechnica. A low priced EV from Hyundai may be coming from Hyundai. Known as the Ioniq 2, the new model is expected to start at around 20,000 euros.

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EVs are avoiding about 3% of global oil demand—a fifth of Russia's total exports

Green Car Reports

Russia's ongoing invasion of Ukraine has triggered international sanctions throttling the country's oil exports, leading to fears of every higher gas prices. But electric vehicle adoption has been helping make the situation less grim. Plug-in vehicles avoided roughly 1.5

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We Don’t Need Nickel From Russia

CleanTechnica EVs

We don’t need nickel from Russia. There is a critical need for nickel and other EV battery metals worldwide, but we don’t need to get it from Russia. In March 2022, Morgan Stanley’s Adam Jonas shared worries about Russia’s outsized role in the nickel supply chain for EVs.

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ROSATOM subsidiary acquires 49% stake in Korean battery maker Enertech; planning gigafactory in Russia

Green Car Congress

The signed agreement also includes building a facility for manufacturing of lithium-ion cells and energy storage systems in Russia, with at least 2 GWh production capacity by 2030. Lithium-ion batteries made in Russia will be applied in electric vehicles (buses and cars), special equipment and in power grids.

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Russia ponders using EV subsidies to boost the economy and surge local manufacturing

Teslarati

Russia’s Economy Ministry said earlier today that it has plans to utilize subsidy programs to boost the manufacturing and purchase of locally-built electric vehicles. Just 11,000 of the over 45 million vehicles driven in Russia last year were electric, with most being used cars.

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Quote on Impact of ongoing Ukraine Russia conflict on Electric Vehicles

Electric Vehicles India

Now, both Ukraine and Russia play a pivotal role in the global semiconductor supply chain. Russia is the leading producer of Palladium, which is essential for memory and sensor chips. A quote from Mr. Maxson Lewis, Managing Director & CEO, Magenta on the impact of Russia Ukraine conflict on the Indian EV Sector.

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