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DmitriMA

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26/10/21

12:48

Post #: 57078026
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Originally posted by DmitriMA: ↑

The Nickel aspect of EV batteries is interesting...

Notice that lithium is the smallest component in this example, and nickel is the largest.
Because nickel is rare & expensive and lithium is not, people like Musk want to produce more LFP batteries as opposed to NMC.
However, Tesla have also recently partnered in a nickel mine...

https://www.bbc.com/news/business-56288781
LFP batteries are cheaper but have less range and life.

Another issue is that the expensive components cobalt & nickel are what make recycling the batteries economically viable.

Worth giving these a read:

https://grist.org/transportation/the-us-wants-to-make-ev-batteries-without-these-foreign-metals-should-it/https://www.nature.com/articles/d41586-021-02222-1 https://www.pnnl.gov/lithium-ion-battery-lfp-and-nmc

Net takeaway...
I bought more NIC yesterday and today.

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Here's a li'l chart update:
2 Upvote

0 Great analysis

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