Share
Why Global Nickel Shortage Is Elon Musk’s Biggest Concern
As the EV industry ramps up, it could be hindered by a global shortage of nickel, a key component in most lithium-ion batteries. Tesla recently signed a deal to source nickel from a proposed mine in Minnesota, though mining raises a variety of environmental concerns that EV automakers must grapple with if they want to source battery minerals responsibly. Many also hope that battery recycling technology will scale up quickly enough to make a dent in the problem.
Sat, 19 Mar 2022 14:00:18 GMT
SIGN UP FOR OUR NEWSLETTER
DAILY UPDATE
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.