Battery Makers Can’t Escape Rising Nickel Costs ...Middle East

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Via AG Metal Miner    Battery original equipment manufacturers (OEMs) have enjoyed a clear trend for much of the last decade. In fact, they’ve largely achieved falling per kWh manufacturing costs thanks to two strong dynamics. The first is economies of scale. After all, demand for both consumer electronics and electric vehicles in all forms – hybrid and full EV – continues to rise. The second dynamic is the technological advancements reducing the use of high-cost component metals like battery nickel and cobalt. That…

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