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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. Hybrid electric vehicles (HEVs) such as the Toyota Prius have been an important market for nickel metal hydride (NiMH) batteries. Supply growth to come mainly from China and from Indonesia.

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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). BYD’s PHEV sales were up 21% to 95,715 last month. 1, headed for Europe.

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

Baua Electric

As the market matures, the industry is entering a phase marked by increased price competition and consolidation. This is markedly more than the previous year – car exports were almost 65% higher than in 2022, and electric car exports were 80% higher. In Germany, the sales share for electric cars fell from 30% in 2022 to 25% in 2023.