EV Battery Nickel Use Stagnates Year-over-Year in November 2019

Jan. 15, 2020

Nevertheless, sales-weighted-average nickel use per EV increased year-over-year

In November 2019, 4,875 tonnes of nickel (23,205 tonnes of nickel sulphate hexahydrate equivalent) were deployed globally in new passenger EV batteries, the same amount deployed in November 2018 as global monthly EV sales dipped year-over-year.

Nevertheless, the sales-weighted-average nickel use per EV increased year-over-year from 11.2 kg of nickel per EV in November 2018 to 13.9 kg of nickel per EV in November 2019, according to data from Adamas Intelligence’s latest EV Battery Nickel Monthly report.

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