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Home / Metal News / BNEF: High Nickel and low Cobalt Battery will dominate Future Electric vehicles

BNEF: High Nickel and low Cobalt Battery will dominate Future Electric vehicles

Jun 1, 2018 08:47

Source:SMM

SMM6, January 1: due to rising prices for cobalt and lithium used in the auto industry, batteries will have 70 percent less cobalt in 2030 and higher energy density, according to Bloomberg New Energy Finance (Bloomberg New Energy Finance).

BNEF predicts that the market position of the NMC (811) battery will rise, its cobalt content will be 70% less than that of the NMC (111) battery, and by 2024, NMC (811) will account for the largest share (, NMC (111) will be phased out.

Related reading: "[SMM collation] Lithium electricity" Arms Race "quietly launched high nickel has become a strategic place."

(SMM translated from Bloomberg, please contact us if copyright issues are involved)

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