Additionally Ni Class 1 (for vehicle battery use) comprises 50% of the existing Ni market base. Minimal reserves as it is with given current EV adoption rates.
Wait until the flexion point of scale hits with Tesla model Y, Audi E-tron, Hyundai Kona, Hyundai Ioniq, Jaguar E jay, Mini E, Volvo XC 40, Nissan IDS, Porsche Mission E all pegged for 2019!
The fact of the matter this movement isn't stimulated from the notion of saving the environment. It is now less capital intensive to produce and sustain an EV vehicle that provides a greater end user experience.
It also helps the environment which is great! but this change is here to stay and it will pick up pace with everyone using Telsa success as a case study/model for viability.
Why Nickel Spot Prices Just Don't Matter to Clean Teq's Deal, page-2
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