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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. By 2027, Roskill forecasts that EV sales (including BEVs, plug-in hybrid EVs, fuel cell EVs and low speed EVs) will account for nearly 30% of the total. This will give demand for nickel in the battery industry a double-boost.

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BYD EV sales grew nearly 50% in January as exports reached a new high

Baua Electric

BYD EV sales momentum continues in January BYD sold 105,304 fully electric cars last month, up 48% from the 71,338 handed over last year. Interestingly, BYD’s all-electric vehicles are beginning to outpace its plug-in hybrids (PHEVs). It’s about transitioning the auto industry for a sustainable future.

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

Baua Electric

The year 2023 was the first in which China’s New Energy Vehicle (NEV) 3 industry ran without support from national subsidies for EV purchases, which have facilitated expansion of the market for more than a decade. As the market matures, the industry is entering a phase marked by increased price competition and consolidation.