Report: Nickel shortage could pinch EV battery supplies, affect costs

Mercedes-Benz battery productionGlobal nickel demand could outstrip supply within the next few years, potentially limiting EV battery supplies, according to a new report from the Norwegian consultancy Rystad Energy. First spotted by E&E News, the report predicts that by 2024 annual global demand for nickel will rise from the current 2.5 million metric tons (2.7 million tons)...