EV News
Displaying 61 to 70 of 331
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17 Mar 2021
RANKED: World’s top 10 nickel projects
(Read more)[Mining.com]: While the world’s top nickel suppliers are Indonesia, the Philippines and Russia, six out of this year’s top ten ranked nickel projects are in North America, and the first is a seafloor deposit in the Clarion Clipperton Zone in the Pacific Ocean, between Hawaii and Mexico.
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15 Mar 2021
Billions poured into electric-vehicle companies, but much more will be needed before the auto industry changes
(Read more)[Market Watch]: 'What once was an investment universe comprising solely Tesla and a smattering of fuel-cell companies has burgeoned into a subsector combining industrials, tech and transportation, with China as a major driving force both as EV makers’ base market and for EV demand. In total, at least $28 billion was invested in public and private electric-vehicle companies in 2020...'
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15 Mar 2021
China's 'King of Nickel' Is Betting Big on a Green Future in Batteries
(Read more)Caixing Global [via Bloomberg] - The Chinese company [Tsinghua] shocked the nickel market twice this month by targeting two significant challenges for makers of electric vehicles and their batteries: first, getting enough nickel, and second, ensuring it’s delivered in a climate-friendly way.
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15 Mar 2021
WSJ: Volkswagen to Build Six Electric-Vehicle Battery Factories in Europe
(Read more)Demand for electric vehicles has soared in Europe thanks to generous govt incentives...In the U.S., GM is building a $2.3B battery plant in Ohio with Korea’s LG.... VW said it planned to build battery factories in Europe...to boost electric cars to 75% of its new car sales by 2030. Tim Bush (UBS) said the auto industry could soon face shortages of battery cells...
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12 Mar 2021
SCMP: China’s electric vehicle battery supply chain dominance enhanced with nickel production innovation
(Read more)China has continued to show its dominance in the global battery supply chain by sending the nickel market into overdrive after stainless steel producer Tsingshan Holding Group announced it would be able to provide a new flow of nickel matte from its Indonesian operations...The boom in the industry has led to a sharp demand rally, not just for nickel, but for all metals used in electric vehicle batteries, including lithium and rare earths.
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11 Mar 2021
President Biden hopes to build 500,000 new electric car chargers by 2030. Business Insider talked to 5 experts about it...
(Read more)The number of EVs in the US may balloon to 35 million by 2030, requiring more than 2 million public chargers...charging operators are excited about the prospect of a multibillion-dollar federal investment in charging infrastructure that could give a jolt to the EV transition that's already underway.
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11 Mar 2021
Tesla, Nio stocks surge after Mizuho analyst said buy the EV leaders
(Read more)[Market Watch[ Shares of Tesla Inc. and Nio Inc. rallied Thursday, after Mizuho analyst Vijay Rakesh recommended investors buy the respective leaders in their electric vehicle markets, while setting bullish price targets...
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10 Mar 2021
Tesla or Tsingshan: nickel market at crossroads
(Read more)Investor's Chronicle: This Tsingshan deal effectively sees the company promise to fill class 1 demand with class 2 supply, possibly removing the price gap and supply concerns. Nickel matte, which Tsingshan is selling, is the last step in a lot of processing that sees Tsingshan’s laterite ore turned to nickel pig iron, then into nickel matte, which can be then processed into pure nickel as needed by the battery makers. This isn’t just sending the ore around the plant a few more times, this process will add cost and the carbon footprint compared to class 1 nickel supply.
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10 Mar 2021
BHP moves nickel and copper HQ to Toronto as Canada emerges as new clean-tech mining hotspot
(Read more)Australia’s BHP is moving its exploration headquarters for nickel and copper...to Toronto...Laura Tyler, BHP’s CTO told the Financial Post that nickel and copper demand are set to surge...Jim Lennon, an analyst at Macquarie Capital...estimates that batteries will be “the largest growth driver over the decades.” The amount of nickel per car could grow from 20 kilograms to 50 kilograms..."
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08 Mar 2021
Rechargeable Battery Industry: Everyone Wants Nickel
(Read more)John Ko (Business Korea): 'We believe that rechargeable battery industry players on both the demand side and the supply side will actively seek to secure supply chains for nickel. To this end, Tesla has signed contracts with a number of mining companies to supply nickel, and LG Energy Solution is seeking to establish a nickel mining JV (based on media) with Indonesian mining company ANTAM.'