Fitch Solutions forecasts nickel demand for EV batteries to grow 29.2% per year to 2030

Green Car Congress
By mmillikinMar 29, 2021, 4:00 am356 pts
Fitch Solutions expects nickel demand for EV battery manufacturing to experience an annual average growth rate of 29.2% over 2021-2030—outpacing demand for both lithium and cobalt. This estimate is a significant increase from the market analysis firm’s 2018 forecast, due to upwards revisions in its EV sales…

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