teddy_afro
Thanks teddy, for the article reuters.com/article/us-volkswagen-cobalt-evs-exclusive/
"The Volkswagen tender specifies the chemistry for the battery will initially be six parts nickel, two parts cobalt and two parts manganese or 6:2:2, but that it could at some stage switch to 8:1:1."
"Analysts estimate each battery uses between 8-12 kg of cobalt. That would mean VW will need 24-36 million kg a year for three million EVs, which at current prices would total $1.6-$2.4 billion."
I assume they will also be using Lithium. Or am I wrong. Can a Ev battery be made without Lithium? I know there is also work been done by Swatch using vanadium, but that is in fairly early stages of development.
Why is AUZ undervalued?, page-34
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