The new EU Battery regulation has implications for nickel producers both inside and outside Europe. If they are supplying material to the EU battery chain destined for the European market all producers need to comply with the new rules.
What is a “sustainable product”? Is it more sustainable to continue using my old washing machine or to buy a new, more energy efficient one? Are single use products always unsustainable? What criteria should I use to judge whether a product is sustainable or not? What measures can we take to promote sustainability in products?
Batteries, notably those used in electric vehicles, play an essential role in the plans of the European Commission to deliver the EU Green Deal. They are considered as a critical and strategic technology to achieve Europe´s ambitious climate change mitigation targets and to move towards green and sustainable mobility.
The present-day principal driver in the Li-ion industry is the large batteries required for electric vehicles. Due to the size of these batteries and the relative growth of electric vehicles it is predicted that the total Li-ion energy capacity will exceed one tera watt-hour by 2030. This anticipation for a dramatically rapidly expanding industry has stakeholders all along the value chain very motivated to be ready.
Should we be worried about there being enough nickel to supply the transition to electric vehicles and cleaner energy sources? Given its wide range of uses in important existing and emerging technologies, this is a frequently asked question.