INTL NICKEL CONF: High nickel price could drive substitution in EV batteries - Hoffman
Published: Monday, 04 June 2018
Nickel is likely to remain the material of choice in electric vehicle (EV) batteries, but automobile manufacturers could be forced to consider alternatives if prices rise too high, according to an industry expert.
By Millicent Dent
"The auto industry won’t sit there and take
high prices," Ken Hoffman, senior expert at McKinsey & Co's
basic materials practice, told attendees at Metal
Bulletin’s sixth International Nickel Conference
in Toronto on Thursday May 31. "The interesting part is, how
high will nickel prices go before...