Evolving EV market shifts mineral demand
Metal Tech News - March 13, 2023
Last updated 6/8/2023 at 11:10am

Tesla Inc.
Tesla's expanded Gigafactory Nevada is one of the many new battery plants driving growing demand for battery materials.
Less nickel, cobalt, and manganese in LFP cells offset by larger batteries in electric vehicles.
A global rise of lithium ferro-phosphate (LFP) batteries for electric vehicles has provided a lower-cost option that is helping to enable the adoption of EVs by the masses and is taking some of the demand pressure off lithium-ion battery metals such as cobalt, nickel, and manganese. Adding...
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