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.
Nickel’s role in enabling technologies is not always common knowledge. Yet its versatile properties present great opportunity for the nickel industry.
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.