And this, people shows how easy it is to spread fake news and why it important to understand the facts. What the analysts actually predict is that Nickel demand for EV will grow at an average rate of 29%, outpacing EV demand for lithium and cobalt. Given that EV demand for Nickel is only a proportion of overall nickel demand, the annual growth rate for nickel demand is significantly lower.
Ann: Potential Diversification into the EV Battery Supply Chain, page-50
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