The many new and innovative applications of hydrogen as fuel show great promise for a greener future.
As electric vehicles (EVs) trend from being niche to mass scale and the lines between EVs and their combustion engine (ICE) counterparts get blurred in terms of usability, consumers, automakers, governments and fire departments continue to have some apprehensions.
The last three months have been unprecedented. But amidst the chaos and despite the drop in global GDP, there has still been a considerable amount of activity in the electric vehicle (EV) and battery world.
New energy legislation is set to optimize China’s energy structure and boost the use of non-fossil energy. Aligning with China’s regulatory agenda, nickel will play a vital role in tomorrow’s world powered by cleaner energy.
The electric vehicle market is expected to be by far the largest and most dominant market for lithium-ion (Li-ion) batteries. Despite the strong desire to increase EV sales by all involved in the value chain, proliferation has been curbed due to the high cost to the consumer and the perceived disadvantages of owning an EV. Range anxiety, a lack of charging stations and fire safety worries, are among the top concerns.
Most nickel production is destined for stainless steel. But a significant 8% is used in the production of alloy steels which are needed to deliver specific characteristics for specialised and often critical applications.