In 2021, China recorded the strongest growth in the EV market with around 3.2 million EVs sold. This was an increase of 2 million EV units compared to 2020 which was more than the combined increase of all other regions taken together.
Think of the largest cruise ship. Then imagine how much it weighs – just over 100,000 tonnes, in fact. Now think about 500 of those ships, and what they weigh. That is the staggering amount of new electronic waste that we generate every year.
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.
European nickel producers need a consistent regulatory framework. There must be coherence between different EU policy objectives with rules based on principles of sound science, risk-based approaches, full life-cycle thinking and impact assessments.
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.