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Carmakers Face Supply Bottleneck Of This Crucial Metal

Carmakers Face Supply Bottleneck Of This Crucial Metal

Energy

For Tesla and its chief competitors in the race for global domination of electric vehicle sales, it ain’t all about lithium ion.

There are other valuable metals needed to make the battery packs do what’s asked of them, with nickel being essential. Tesla and its battery producer partners, and other automakers and their suppliers, are worried about the longer-term supply of nickel according to a new study by BloombergNEF.

The study predicts that EV makers will be driving demand for nickel about 16 times to 1.8 million tons in the next years. 

Class-one nickel, a high-purity material used in batteries, is expected to see demand greatly outstrip supply in the next few years. That will be fueled by meeting the large Chinese EV market, and other global markets where demand is expected to grow.

That need for class-one nickel will outstrip supply within five years, according to the study.

One problem has been a lack of real investment in new mines for materials including nickel, Tesla’s global supply manager of battery metals, Sarah Maryssael, said at a Washington meeting in May. That could drive up prices as battery demand increases greatly.

Tesla CEO Elon Musk is concerned about having enough economically viable — and available — metal to continue meeting its growing electric car demand. That will take off even more as the company taps into China’s booming markets.

“They are getting ready to have the new factory in China, and are at full capacity in North America,’’ Peter Bradford, chief executive officer of nickel producer Independence Group NL, said. “They recognize the biggest risk from a strategic supply point of view is nickel.’’

 …click on the above link to read the rest of the article…

Aston Martin CEO: UK Fossil Fuel Ban “Meaningless”

Aston Martin CEO: UK Fossil Fuel Ban “Meaningless”

EV

British performance carmaker Aston Martin’s chief sees his country taking a very unrealistic approach to dealing with air pollution.

The UK government’s July announcement that it will be banning the sale of petrol- and diesel-powered vehicles by 2040 is “meaningless” to Aston Martin CEO Andy Palmer.

Government officials are certainly not automotive engineers and are missing the mark, he said.

“Policy makers should not try to be engineers,” Palmer said. His conclusion was that the July announcement banning fossil fuel vehicles by 2040 was “just spin” and doesn’t stand a chance of being achieved.

China is now becoming one of four countries joining the UK in stopping fossil-fuel powered vehicles on its roads, along with France and Norway. Xin Guobin, the country’s vice minister of industry and information technology, announced in a speech earlier this month that regulators are working on a timeline for phasing out the sales and production of the gasoline- and diesel-powered vehicles.

Other countries central to the global auto market are considering heading toward an eventual phase-out of petroleum-powered cars through government incentives and mandates. It’s a big job – with about 695,000 of 84 million new vehicles sold last year being electric; and with about a billon gasoline and diesel vehicles out on roads across the world now.

These regulators are getting their wires crossed with national mandates, Palmer said.

“In my view as an engineer, it’s better to prescribe the emission, and then let the engineers figure out what the right technology is,” he said.

Palmer thinks the technology is already there with fuel efficient gasoline engine vehicles. He made reference to Formula 1 racers in development that can already double their previous fuel economy.

Hybrid vehicles can confuse the issue.

…click on the above link to read the rest of the article…

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