Teslarati
MARCH 10, 2022
Just recently, nickel surged above $100,000 per metric ton on the London Metal Exchange, prompting a trading halt. Several reasons are behind nickel’s price increase, though it is believed that a driving factor is Russia’s invasion of Ukraine. Don’t hesitate to contact us with news tips.
Teslarati
MARCH 22, 2022
This timeframe seems to have been accelerated by Russia’s invasion of Ukraine. . Thus, when Russia was hit by sanctions due to its invasion of Ukraine, the markets reacted. Nickel prices rose so much that the London Metal Exchange canceled trading for the material for more than a week.
Charged EVs
MAY 31, 2022
How will cell manufacturers future-proof their cell production facilities? 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.
Teslarati
APRIL 1, 2022
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.
Teslarati
MARCH 16, 2022
Surging prices of nickel, a potentially major influence in the future of the global electric vehicle market, have encouraged one mining expert in the field to call on automotive CEOs to demand more attention toward sourcing the metal in North America. Nickel and its appeal to EVs. Soaring prices: $30k to $100k in the blink of an eye.
Cars That Think
APRIL 25, 2022
Global nickel stockpiles were already dwindling before Russia’s invasion of Ukraine in February. In March, nickel prices doubled virtually overnight, briefly topping US $100,000 per tonne for the first time, spurring the London Metal Exchange to suspend trading during the wild run-up.
Cars That Think
AUGUST 20, 2022
Most automotive manufacturers say they plan to use renewable energy in the future, but for now, most battery production relies on electric grids largely powered by fossil fuels. It is unclear whether suppliers will be able to meet the future demand for some critical raw materials for electric batteries. AFP/Getty Images.
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