Europe to overtake China as biggest EV market in 2021 , cobalt is definitely in the battery mix for battery production IMO.
https://www.globalfleet.com/en/new-energies/europe/features/europe-overtake-china-biggest-ev-market-2021?a=DQU04&t%5B0%5D=EVs&t%5B1%5D=China&t%5B2%5D=CO2%20target&curl=1
Tesla Battery Investor Day, page-7
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