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

Green Car Congress

Nickel is critical to battery-powered vehicles; nickel sulfate is a key ingredient in cathode precursors for the lithium-ion batteries they use. There are also unanswered questions about how to even finance electrification or road construction and maintenance given lost revenues from fuels taxes, Foss said.

China 416
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We Need More Than Just Electric Vehicles

Cars That Think

70 percent of lithium-ion batteries are produced in China, which derived 64 percent of its electricity from coal in 2020. The manufacture of lithium batteries for EVs, like those shown here, is energy intensive, as is the mining and refining of the raw materials. Those tax revenues are necessary for the maintenance of roads.