Nickel

Commented by Stefan Feulner on March 31st, 2021 | 09:57 CEST

BYD, Silkroad Nickel, NIO - Elon Musk: "mine more nickel!"

• Nickel

As electromobility emerges, global demand for certain metals will increase sharply in the coming years. The metals lithium, cobalt and nickel, are crucial for the production of lithium-ion batteries. Nickel, not lithium, takes the rank as the key metal, especially since an increased nickel content dramatically increases the efficiency of the batteries. The Tesla founder already addressed mining companies years ago with an urgent appeal.